Pi Network Price Today March 11, 2025: Continues to Decrease
Pi Network price today 3/11/2025 continues to decrease by 1.5% compared to yesterday, currently at 1.37 USD. Pi technical chart signals more downward trend.
Pi Network Price Today
Pi price on OKX exchange on March 11, 2025 is fluctuating around the price from 1.26 USD to 1.54 USD (equivalent to 32,020 VND to 39,300 VND). Thus, according to the time of writing, Pi price on OKX exchange decreased by 1.5% compared to yesterday.
Pi Network is currently trading at a key support level. If it can hold, Pi price is likely to recover, but if it continues to fall, the price could plunge further.
One factor that could help the price rebound is the expectation of Pi being listed on Binance. Binance recently adopted a community-based listing mechanism, which has attracted a lot of interest from investors. If Binance officially announces the listing, buying pressure could increase significantly, helping the price recover.
Pi technical chart signals more bearish trend
Pi Network is in a clear bearish trend after losing the key support level of $1.43. A break of this level confirms the weakening of the symmetrical triangle pattern, increasing the prospect of a deeper decline.
Pi is currently trading around $1.41, while the 50-day EMA at $1.74 is becoming a key barrier. If the price fails to break above this level, Pi could continue to fall towards $1.20, with the risk of even falling to $0.99.
Technical analysis also shows many negative signs. The 0.236 Fibonacci level at $1.78 has been broken, signaling that the downtrend is still dominant. Meanwhile, the 0.382 Fibonacci level at $1.99 is now acting as strong resistance, hindering any recovery attempt.
Momentum indicators are also not very optimistic. The RSI remains below 40, reflecting oversold conditions but very weak buying pressure. The MACD remains negative, indicating that bearish momentum still dominates the market.
If Pi Network fails to quickly recover and reclaim the $1.74 mark, the possibility of a further decline to $1.20 or $0.99 is very high. The Binance listing event may create a positive turning point, but until there is official confirmation, the market is still in a pessimistic state. Investors need to be cautious before making trading decisions, especially when the sellers are still in control of the trend.
