Oh, the sweet, sweet agony of the crypto realm! Here we find our beloved Pi Network, valiantly clinging to a feeble support line at $0.20. Yet, like a forlorn poet overlooked for a literary prize, it’s being relentlessly pursued by the ominous specter of selling pressure, which might eagerly shove it into the depths of despair-aiming for an all-time low near $0.15.
Ah, the poetic irony of it all-one minute there’s hope, the next you’re sifting through the remnants of dreams as the market throws a tantrum. 😅
- Yes, the price might be latching onto a fleeting lifeline at $0.20, but don’t let that fool you; a persistent onslaught could send it tumbling towards that dark abyss of $0.15.
- Our daily RSI, dear kindred spirit, is gasping for breath in the oversold territory. And the Volume Delta? A dismal picture of selling dominance. Yet, as all writers know, occasionally, the muse whispers, and a rebound to $0.25-$0.30 could just happen if that $0.20 holds its ground. 📈
PI Network Price: A Tragicomedy of Technical Analysis
As the curtain rises on this economic tragedy, Pi Network’s price continues its sorrowful descent, recently plummeting below the crucial $0.25 threshold on October 10. This was during a day steeped in market chaos, prompted by rekindled trade tensions, where our dear token fell like a fumbled manuscript-down by nearly 12%. 🎭
Now, resting in the melancholic arms of the $0.20 vicinity, it seems to be gathering some sense of temporary support. The daily RSI gasps as it remains deeply oversold, whilst the competition of selling pressure charges on, leaving no room for accumulation-much like an empty café in November.
If, by some twist of fate, the fragile $0.20 support endures, we might witness a luminous rebound to the grand heights of $0.25-$0.30-if, of course, a brave volume joins the party. Otherwise, hold onto your hats, folks; new lows await us in the somber distance at $0.15.
Pi Network Team: Cooks in the Crypto Kitchen 🍳🔧
Meanwhile, behind this curtain of market woes, the Pi Core Team is cooking something exciting! Despite the surrounding price gloom, they have whisked up a new offering: the Pi DEX, unveiled on October 2nd on the Testnet. This grand unveiling features AMM liquidity pools, token creation tools, and full DeFi functionality-ideal for our daring Pioneers and adventurous developers.
So why the Testnet, you ask? A noble quest, dear readers; to “educate Pioneers, refine projects safely, and prepare for the grand Mainnet DeFi spectacle with real Pi.” How very responsible! 👓
🤖 We just announced a game-changing update for the #PiNetwork ecosystem:
🙌 Pi DEX (Decentralized Exchange)
❤️ AMM Liquidity Pools
🤑 Token Creation Tools
🛡 Now LIVE on Pi Testnet⚙️Here’s what Pioneers & Developers can do right NOW:
🛠 Swap tokens & explore DeFi mechanics…– Pi Core Team ᵖⁱ ⁿᵉᵗʷᵒʳᵏ (@PiCoreGroup) October 2, 2025
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2025-10-22 15:13