Crashing Toward All-Time Low – Is PI Going to $0?

Crypto Journalist

Anas Hassan

Crypto Journalist

Anas Hassan

About Author

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

Share

Last updated: 

July 11, 2025

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Pi Coin continues its relentless decline despite the broader cryptocurrency market experiencing unprecedented gains, with Bitcoin reaching new highs of $118,000 and Ethereum breaking $3,000.

The token that once attracted millions of followers now trades at $0.465, dangerously close to its all-time low of $0.400.

Even the recent Pi2Day celebration failed to inject momentum into the struggling altcoin, which has suffered a devastating 26.4% decline over the past two weeks.

The technical indicators paint an increasingly bearish picture for Pi Network. The cryptocurrency has established a negative correlation of -0.27 with Bitcoin, meaning it moves in the opposite direction to the market leader.

Technical Outlook: Pi Network Still Bearish – But a Breakout Could Flip the Script

Pi Network remains locked in a firm downtrend, trading within a descending channel that has defined price action since its post-launch peak.

Each rally attempt has failed at the upper boundary of the channel, reinforcing it as a strong resistance zone.

The volume profile also shows muted participation, with declining volume throughout the downtrend, suggesting that buyer conviction remains low.

Despite that, the RSI has climbed to 55.46 – a neutral but improving signal that could indicate momentum is starting to shift.

While the current setup still leans bearish, a confirmed breakout above the descending channel could trigger a sharp reversal.

In that scenario, PI could target key resistance levels at $0.98, $1.38, and $1.67 – with the potential for a sustained recovery if bullish momentum builds.

Best Wallet Offers Superior Value in Current Market Conditions

While Pi Coin struggles with declining momentum, Best Wallet is quickly emerging as a smarter alternative for investors seeking utility and growth.

Its latest update added full Bitcoin support and multi-chain functionality, making it a strong contender in the current market rally.

The $BEST token unlocks reduced fees, presale access, airdrops, and staking rewards, while users can also earn by completing quests and exploring GameFi.

Best Wallet offers top-tier security, fiat on/off ramps, and upcoming features like a crypto debit card and portfolio tools.

A standout feature is “Upcoming Tokens,” which lets users discover new crypto projects before they hit the public market.

With real utility and a growing ecosystem, $BEST is one of the most promising presales to watch right now.

To find out more, you can visit the official Best Wallet website here.

Explore new destinations with ease using the Garmin Drive 52 GPS Navigator! With over 17,988 ratings and a solid 4.4/5-star rating, this GPS system has been a top choice for travelers. Over 500+ units were bought in the past month, all for only $144.99.

This 5″ GPS navigator comes with essential driver alerts, real-time travel data, and external memory storage. The simple on-screen menus and bright, easy-to-see maps make it easy to navigate wherever you are. Plus, it’s road trip-ready with The HISTORY Channel database, featuring notable historic sites and much more to enhance your journey.

Don’t miss out—get your hands on the Garmin Drive 52 today for a smoother ride ahead! Buy Now for $144.99 on Amazon!

Help Power Techcratic’s Future – Scan To Support

If Techcratic’s content and insights have helped you, consider giving back by supporting the platform with crypto. Every contribution makes a difference, whether it’s for high-quality content, server maintenance, or future updates. Techcratic is constantly evolving, and your support helps drive that progress.

As a solo operator who wears all the hats, creating content, managing the tech, and running the site, your support allows me to stay focused on delivering valuable resources. Your support keeps everything running smoothly and enables me to continue creating the content you love. I’m deeply grateful for your support, it truly means the world to me! Thank you!