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The falling Pi Network price may be preparing for a significant short squeeze after forming a rare wedge chart pattern. This rise will be supported by recently announced improvements that may support the growth of the ecosystem.
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Audio and video overview [Czech]
Audio and video overview [English]
Highlights
- Pi Network price formed a falling wedge pattern, indicating further growth
- The token also started forming a bullish divergence pattern
- Developers focus on building a robust ecosystem
- The price target is set at the psychological level of $0,50, representing a potential upside of 150% above current levels.
Technical analysis points to a possible recovery
Pi Network token is currently trading around the $0,20 level and is in a downtrend that began after reaching an all-time high of $2,98 on February 26, 2025. However, technical analysis reveals a pattern that could signal an imminent recovery.
Falling Wedge Pattern
A descending wedge has formed on the daily chart – a classic bullish signal. This pattern is made up of two converging downward trend lines, with the upper line steeper than the lower, indicating weakening selling pressure.
The falling wedge is considered a bullish reversal pattern because:
- Signals declining selling momentum
- Trading volume usually decreases during the formation
- A breakout to the upside often comes with increased volume
- May lead to significant price increases
Pi Network Price Chart – October 21, 2025 – 18:13 UTC+3
Bullish divergence
Additionally, Pi Network Token is exhibiting bullish divergence, where the price is making lower lows but indicators like RSI are making higher lows. This often precedes a trend change.
Current technical indicators show:
- RSI (Relative Strength Index): A value of ~29 indicates oversold
- General decrease in selling pressure without detailed MACD and MFI values to avoid inaccuracies
Key price levels
- Current price: ~$0,20
- support: $0,18 (April 2025)
- First resistance: $0,50
- Second resistance: $0,66
- Target price: $0,50
Pi App Studio: A key ecosystem improvement
The Pi App Studio update from October 15, 2025 brings:
- AI logo generation for applications
- AI generated welcome messages for chatbots
- Iterative application modifications directly in the workflow
- New app discovery interface, voting and staking Pi tokens
Pi App Studio is now accessible directly from the top navigation bar in Pi Desktop.
The growing utility of Pi Network
During PiFest 2024, over 27,000 active vendors and 28,000 test traders from 160 countries registered, demonstrating the practical use of Pi in the real world.
Pi Network Ventures
The Pi Foundation launched the $100 million Pi Network Ventures initiative to invest in startups, particularly in the gaming vertical, to boost the utility of the Pi.
Ecosystem and adoption
- Transactions of goods and services using Pi
- Pi Wallet and Pi Browser for interacting with apps
Market sentiment and forecasts
The market is showing mixed sentiment with a bearish outlook in the short term. However, the potential for a short squeeze exists with significant buying pressure and positive catalysts.
Frequently Asked Questions (FAQ)
What is the price forecast? A bounce may push the price towards $0,50.
What is the main catalyst? Improving usability through Pi App Studio and an expanding ecosystem.
Conclusion
Pi Network stands at an interesting crossroads, where technical analysis suggests a potential bullish reversal via a falling wedge pattern, while fundamental developments in the form of Pi App Studio improvements and an expanding ecosystem provide long-term support.
However, investors should be cautious and consider:
- High volatility of the token
- Prevailing bearish sentiment
- Liquidity issues and locked tokens
- The need for increased volume at the breakout
Technical analysis and fundamental improvements create favorable conditions, but investors should consider volatility, liquidity, and bearish sentiment.
As always, investors should do their own research before investing in cryptocurrencies, as the market remains highly volatile and unpredictable.
Investment warning: This content reflects current market conditions and technical analysis. Please do your own research before investing in cryptocurrencies.
Neither the author nor the publication is responsible for any financial losses.
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PiNetwork
Pi Network Announcement
PiNetwork is a blockchain-based cryptocurrency project that aims to allow users to mine coins Pi using smartphones. The project aims to promote the adoption of cryptocurrencies.
The project was launched by doctoral students at Stanford University in 2019. PiNetwork offers users a simple and environmentally friendly way of mining Pi coins by simply opening the app and pressing a button once a day.
One of the features of the Pi network is that users can increase mining speed by expanding their network. Pi Network also aims to increase the value Pi coins by allowing users to create and use web applications on the platform Pi.
PiNetwork is currently launching its mainnet. To to Pi Network To join, you must download the mobile app and enter an invitation code. PiNetwork is an innovative project that aims to pave the way for the future of cryptocurrencies.
How to participate in Pi Network
If you are not a member of the Pi Network, you can get started in 5 minutes by clicking here link. By registering using my referral code jwkkbiz we can earn Pi both. Pi Network is an application that allows you to easily mine the cryptocurrency "Pi" on your smartphone. By pressing a button once a day, you start mining for 24 hours, even if you leave your phone idle. In 2024, I mined 360 days a year, and those who accepted the invitation received many benefits. If you register using a referral code jwkkbiz, you will get a 25% increase in mining speed.
After 30 minings you will pass KYC (Know Your Credit), so remember to enter your real name when registering. If you register incorrectly, you will lose 20% as a penalty.
For more detailed information and reasons for registration, please see here.
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