Pi Network price remained steady at $0.21 on Tuesday after a brief market consolidation. The price has dropped by 6% over the past week, erasing some of the previous month’s gains. However, Pi Network could see a potential surge of up to 15%.
Over the past day, the price has undergone a minor cooldown, which remains the bearish trend. PI has fallen as high as $0.28 down to the present level of $0.21.
The overall crypto market was down 1.02% in the last 24 hours. Bitcoin and Ethereum are still above $90,000 and $3,000, respectively. The other large coins, such as Solana (SOL), Cardano (ADA), and XRP, also experienced minor declines. This notwithstanding, the market is still up following some days of recovery.
Pi Network Announces KYC Validator Reward Schedule
Pi Network has declared that the first KYC validator rewards will start being distributed at the end of Q1 2026. Millions of KYC verifications have already been analyzed through the platform to measure the data and enhance the rewards system. The verification process is quite fast and more accurate with the assistance of AI.
Scoring and contribution history irregularities were detected, although most of the assessment work has been carried out. Even refinements have been done to have the right reward calculation.
This is one of the major requirements before the next step of development. Consultations in the community show that approximately 190 million tokens are unlocked, and this may affect liquidity and general involvement in the network.
Pi Network Price Eyes 15% Amid Bearish Trend
At the time of writing, the price of Pi coin was hovering at $0.2155, reflecting a slight dip of 2%. The price has been fluctuating in a specific pattern with a strong support level of $0.20, and the resistance is at $0.25.
The MACD indicator also displays a bearish signal at the moment, and histogram and moving averages show a negative trend.
In the meantime, the RSI is at 31, which indicates that the coin is in the oversold position and it could be about to experience a price correction or reversal.
Traders are eyeing the critical levels of $0.24 as a potential breakout point as long-term PI projection remain bullish. A successful break above this resistance could see the price pushing toward $0.25, offering a potential upside of 15%.
Source: PI/USD 4-hour chart: TradingviewConversely, if the price of Pi Coin will not maintain above the level of $0.20, further decline can be anticipated, with the next significant support of $0.18.
Source: https://coingape.com/markets/pi-network-price-could-surge-to-15-but-watch-out-for-this/
