Pi Coin Price Analysis: Whale Dumps Signal Potential Drop to $0.26

Pi Coin Price Struggles Despite Market Recovery

Pi Coin price has declined 9% over the past week, standing out negatively as most altcoins experience consecutive gains in the current bull market. This underperformance has sparked debate about whether the Pi Network token will crash below its previous all-time low or rebound to $0.52.

Technical Analysis Reveals Mixed Signals

The Pi Network token trades just 9% above its all-time low of $0.40, creating anxiety among investors about the token's viability. The 4-hour chart presents conflicting signals that suggest either an imminent crash or potential recovery.

Bullish Indicators

The RSI indicator shows a bullish divergence, displaying a gradual rise while Pi Coin price continues falling. This pattern indicates bottom-buying activity from traders, which could trigger a price bounce if the trend continues.

Bollinger bands are narrowing, signaling a potential squeeze that might push the Pi Network token higher. The initial target would be the upper band at $0.47, followed by a stronger rally to the 161.8% Fibonacci level of $0.52.

Bearish Concerns

Despite three weeks of market-wide gains, Pi Coin has failed to recover, suggesting traders are abandoning the token for better-performing alternatives. This creates a bearish outlook where a crash below the all-time low of $0.40 appears more likely in the near term.

Recent analysis identified a bearish breakout from a descending triangle pattern, suggesting Pi Coin price may crash 40% to $0.26 due to increasing token supply entering exchanges.

Whale Activity Indicates Selling Pressure

On-chain data reveals significant whale activity that could drive Pi Coin price to new lows. Large holders have been transferring tokens to exchanges, reducing their exposure to the asset.

According to blockchain data, the top ten largest transactions in the past 24 hours involved Pi token transfers to exchanges. Approximately 1.5 million tokens moved from whale wallets to various exchanges, including OKX, Bitget, and Pionex.

This whale behavior indicates lack of confidence in current price levels and unwillingness to accumulate during the dip. When large holders exit positions, it typically signals bearish sentiment and expectations of further price declines.

Price Prediction and Market Outlook

Given the whale selling activity and technical indicators, the most probable scenario involves Pi Coin price declining below the all-time low before any meaningful recovery occurs. The combination of:

• Continued whale distribution

• Weak recovery despite market strength

• Bearish technical patterns

• Increasing exchange inflows

All point toward a potential drop to the $0.26 support level in the near term.

Key Factors to Monitor

Investors should watch several critical factors that could influence Pi Coin price direction:

Support Levels: The $0.40 all-time low serves as crucial support, with $0.26 as the next major level if broken.

Whale Activity: Continued large-holder selling could accelerate downward pressure.

Market Sentiment: Pi Coin's ability to participate in broader market rallies will indicate underlying strength.

Technical Patterns: RSI divergence and Bollinger band compression could signal reversal opportunities.

Conclusion

Pi Coin price faces significant headwinds as whale selling coincides with weak technical performance. While bullish divergences exist, the overwhelming evidence suggests a test of lower levels is more likely than an immediate recovery to $0.52. Investors should exercise caution and monitor key support levels closely as the token navigates this challenging period.