Pi Network price struggles, is a new all-time low coming?

Pi Network price is forming a short-term support around $0.20, but persistent selling pressure suggests the token could slide further toward a new all-time low near $0.15.

PI Network price technical analysis

Pi Network (PI) price continues to extend its downtrend, having recently dropped below the key $0.25 level, with selling pressure intensifying on October 10 amid the broader market bloodbath triggered by renewed trade tensions. The token plunged nearly 12% that day.

PI has now fallen to the $0.20 zone, where it appears to be establishing a short-term support base.The daily RSI remains deeply oversold, while Volume Delta data indicates that selling pressure continues to dominate, with no clear signs of accumulation emerging yet.

If the $0.20 support holds, a technical rebound toward $0.25–$0.30 could materialize, especially if accompanied by rising volume. However, failure to defend this level could open the door to new lows toward $0.15.

Pi Network team is cooking

Despite the ongoing Pi Network price decline, the Pi Core Team has been advancing the network’s ecosystem. On October 2, they launched Pi DEX on the Testnet, introducing AMM liquidity pools, token creation tools, and full DeFi functionality for Pioneers and developers to explore.

The reason it’s only on Testnet, according to the team, is to “educate Pioneers, refine projects safely, and prepare for Mainnet DeFi with real Pi.”