PaiCoin Weekly Price Prediction: $0.13 Critical Support Level, Major Holders Rush to Exit

PI-1,7%

The Pi coin has been in a prolonged downtrend since early January, with strong selling pressure. Buyers are absent, searching for a bottom, with support at $0.13 and resistance at $0.15. Large holders are rushing to exit. The RSI has been consistently oversold below 30 since January 20, indicating significant selling pressure with no rebound room, and the expectation is for continued decline.

Support at $0.13 is at risk

派幣走勢圖

(Source: Trading View)

派幣 This week’s price forecast requires careful analysis. In the context of ongoing market volatility, how might Pi Network’s price move in the coming days? Since early January, PI’s price has not rebounded. How low could the price go? This is the most concern among all Pi holders.

The key support level is at $0.13, and the key resistance is at $0.15. Since the price started declining in early January, PI has not rebounded. The current selling momentum remains extremely strong as of this writing. With buyers absent, the market is still searching for a bottom. The support level is at 13 cents, and resistance at 15 cents.

$0.13 was the all-time low touched last week, a psychologically significant level. Breaking below could mean creating a new historic low, potentially triggering a final capitulation sell-off. From a technical analysis perspective, once support is broken convincingly, the next support usually lies at a lower level. For Pi, if it falls below $0.13, the next possible support is at the $0.10 mark.

The resistance at $0.15 is a recent high point of multiple rebounds. Every attempt to rally above $0.15 has been met with heavy selling and reversal. This “rebound gets crushed” pattern indicates a large amount of trapped sellers around the $0.15 level waiting to be forced out. As long as these sell orders are not absorbed, Pi will find it difficult to break through $0.15 and form a genuine rebound.

Three key technical points for Pi this week

Support at $0.13: historic low, breaking it may test $0.10

Resistance at $0.15: concentrated trapped sellers, difficult to break

RSI remains oversold: below 30 for over 20 days, extremely rare

Large holders fleeing signals with surging sell volume

Since mid-January, selling pressure has surged sharply, possibly indicating some large holders are rushing to exit. This process appears ongoing; before sell volume decreases, Pi is unlikely to rebound. Abnormal trading volume often signals a bottom or top; current conditions resemble a final flush before a bottom forms.

Evidence of large holder exits includes: frequent large single transactions, exchange inflow volumes consistently higher than outflows, and price reacting very sensitively to small sell orders (small sell orders can push the price down). These signs suggest early miners holding large amounts of Pi are systematically liquidating, while the market lacks sufficient buy support.

This process of large holder exit may take weeks or even months to complete. Early miners hold enormous quantities (hundreds of thousands or millions of coins). They cannot sell all at once or the price would collapse near zero. Rational strategy involves gradual selling, offloading part each time, waiting for slight rebounds before continuing. This “slow bleed” selling causes Pi’s price to decline steadily rather than crash suddenly.

Technical despair with RSI oversold for 20 days

派幣RSI

(Source: Trading View)

The daily RSI indicator remains in oversold territory. Since January 20, the daily RSI has been below 30. More concerning, it has remained in this zone ever since. This indicates the market is under immense selling pressure, with no room for a rebound. As long as this persists, the price is expected to continue downward.

RSI staying below 30 for over 20 days is extremely rare in technical analysis history. Normally, after entering oversold, RSI rebounds to neutral within days, even if the price continues to decline, because the downward momentum slows. But Pi’s RSI has been below 30 for 20 consecutive days, meaning it is continuously declining or stagnating at very low levels, with selling pressure never truly easing.

This extreme and persistent oversold condition is both a bearish technical signal and suggests a potential bottom may be forming. Historically, after RSI remains oversold for weeks and then finally rebounds, it is often accompanied by sharp price increases, as all sellers have sold out and new buyers can push prices higher easily. But when will this “final rebound” occur? It could be tomorrow or months from now. Until then, bottom-fishing investors may face ongoing losses.

Forecast for Pi this week: in the short term, support at $0.13 may be tested or even broken, with the next target at $0.10. In the medium term, as long as RSI remains oversold and selling volume does not decrease, substantial rebounds are unlikely. In the long term, once large holders have finished unloading and supply pressure eases, a sharp rebound could occur, but timing is uncertain. For investors, the most rational approach now may be to stay away from Pi and wait for clear reversal signals before considering entry.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

PI Network (PI) Price Predictions for This Week

PI Network's price has corrected from $0.30 to $0.17, indicating a 40% drop. Currently, it hovers around $0.18, presenting a bearish outlook unless it surpasses $0.20. Volume remains low, suggesting indecision among sellers, while the RSI stays under 50, signaling further potential declines.

CryptoPotato2h ago

Pi Network Drops Big Update on Pioneers and Second Migration

Pi Network’s Core Team, which has come under serious criticism as of late, has just updated on the number of users who have completed the second migration of their balances. As with similar posts on X before, though, the community was quick to pick up on the statement and lash out at the

CryptoPotato3h ago

Pi Network fake 2FA scams surge, with 119,000 migrated users targeted

Recently, there has been a surge in phishing attack cases targeting Pi Network. Scammers send fake 2FA links aimed at users who have already completed the second mainnet migration, attempting to steal their 24-word seed phrase. These phishing pages resemble the official interface and exploit users’ trust in official operations to carry out the scam. Experts recommend that if a user has leaked their seed phrase, they should immediately transfer their assets and stop using the old wallet to protect their assets.

MarketWhisper6h ago

Pi Network mainnet gets faster again! 109,000 users complete a second migration, and ecosystem rollout enters a critical phase

In 2026, the Pi Network mainnet rollout initiative has made progress, with more than 119,000 users completing a second migration, signaling a transition toward an “application-driven” model. Second migration allows users to transfer additional Pi balances into their mainnet accounts, but it requires KYC verification. The project team is proceeding carefully, has begun expanding real-world application scenarios, and despite disagreements within the community, the system as a whole is developing steadily; going forward, the key will be migration efficiency and the successful rollout of ecosystem applications.

GateNews6h ago

Pi Network Surpasses 119K Second Mainnet Migrations

The Pi Network has achieved a milestone with over 119,000 users completing their second migrations, allowing for transferring additional Pi balances and referral bonuses. While progression continues, priority remains on first migrations, ensuring users are not left behind. New tools are enhancing the ecosystem, contributing to real utility within the network despite some user frustrations.

Coinfomania7h ago

Pi Network mainnet migration triggers CEX deposits, bulls defend the 0.1736 USDT support line to the death

After Pi Network’s second mainnet migration, about 119,000 users completed KYC verification, resulting in more than 1.12 million PI tokens flowing into centralized exchanges and creating short-term selling pressure. Technical analysis shows that $0.1736 is a key support level, and the Protocol 21 upgrade on April 6 will affect token stability and application expansion.

MarketWhisper9h ago
Comment
0/400
GateUser-d08d427fvip
· 02-11 07:11
The couple's marketing strategies were a total failure.
View OriginalReply1