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Will Pi Network price recover to $0.20 as bearish MACD momentum exhausts at the support floor?

by Catatonic Times
April 19, 2026
in NFT
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This week, Pi Community (Pi) value is exhibiting indicators of stabilizing round a key help zone, because the Shifting Common Convergence Divergence (MACD) momentum indicator on the every day timeframe begins to weaken after a protracted downtrend. On the time of reporting, Pi is buying and selling round $0.17, up roughly 2.63% over 7 days, alongside promoting stress exhibiting indicators of fading. Nevertheless, whether or not the weakening bearish momentum is sufficient to set off a restoration to the $0.20 vary stays unclear, because the market continues to face stress from heavy provide and a technical construction that has but to reverse.

MACD indicators early indicators of bearish exhaustion

Information from TradingView reveals that the MACD histogram on Pi’s every day timeframe has considerably decreased and is approaching the 0 degree, a degree final seen when the value bottomed round $0.13. Moreover, the MACD line and sign line are converging across the -0.005 zone, reflecting a transparent weakening of bearish momentum.

Pi price + MACD chart (1D)

Pi value + MACD chart (1D). Supply: TradingView

In technical evaluation, a flattening MACD is commonly seen as an early sign that promoting stress is fading. Nevertheless, this issue alone doesn’t verify a value reversal pattern. A stronger affirmation sign would require a bullish crossover—when the MACD line crosses above the sign line. In different phrases, the market is presently in a state of “pause” moderately than “reversal.”

Value construction stays below stress

Though the MACD reveals weakening momentum, Pi’s higher-timeframe value construction stays in a medium-term downtrend. Since peaking close to $0.299 in March, the value has persistently shaped decrease highs and decrease lows earlier than coming into a consolidation section across the $0.16–$0.18 vary.

Pi Price + MACD S/R chart (4H)Pi Price + MACD S/R chart (4H)

Pi Value + MACD S/R chart (4H). Supply: TradingView

Analyzing the 4-hour timeframe mixed with the MACD S/R indicator, the info reveals a collection of overlapping resistance ranges, with key ranges at $0.1703 – $0.1917 – $0.2071, respectively.

On the draw back, short-term help is recognized round $0.157, with a deeper backside at $0.1309, coinciding with earlier lows.

This means that the downtrend nonetheless prevails, and present bounces could solely be technical in nature until the value breaks by key resistance zones.

Liquidity indicators present restricted conviction

Information from CoinMarketCap reveals that Pi’s liquidity stays restricted. Pi’s 24-hour buying and selling quantity is presently round $13.6 million, down 4.63%, whereas the Vol/MCap ratio is just 0.77%.

This means that buying and selling exercise stays low, and there was no vital enhance in shopping for stress. On this context, sideways value motion could mirror a “wait-and-see” market sentiment moderately than a transparent constructive pattern.

Moreover, with a market capitalization of roughly $1.73 billion in comparison with a Totally Diluted Valuation (FDV) of as much as $17.15 billion, Pi presently faces a major hole between circulating provide and most provide. This disparity signifies that over 90% of the availability has but to be launched, thereby creating dilution dangers and provide stress in the long run.

Token unlocks stay a key overhang

The overall remaining Pi tokens scheduled for unlocking quantity to over 6.07 billion, of which roughly 1.6 billion Pi will enter market circulation over the subsequent 12 months, in accordance with information from PiScan.

Monthly unlock statisticsMonthly unlock statistics

Month-to-month unlock statistics. Supply: Piscan

On common, about 18 million Pi shall be unlocked every month, with peak months probably reaching as much as 432 million Pi. This implies the market will constantly have to soak up a major quantity of latest tokens.

Whereas liquidity stays restricted, this quantity of unlocked tokens might put stress on the value, particularly if it’s not accompanied by a corresponding enhance in demand.

Community upgrades present restricted however notable help

Lately, Pi Community introduced the profitable deployment of the mainnet improve to Protocol 21.

The Pi Mainnet has efficiently upgraded to Protocol 21.

Node operators, please guarantee your methods are updated and keep tuned for directions relating to the upcoming v22 improve.

— Pi Community (@PiCoreTeam) April 14, 2026

In keeping with preliminary info, this improve is predicted to enhance community efficiency and lay the muse for subsequent variations, together with the talked about Protocol 22. Whereas this can be a constructive sign for product growth, the short-term impression on value could stay restricted as technical elements and provide stress proceed to play a dominant position.

Can Pi reclaim $0.20 within the close to time period?

Pi’s means to reclaim the $0.20 mark within the brief time period will rely on whether or not the value can recapture the important thing resistance zones above. Most instantly, the $0.17–$0.18 space stays the primary barrier to beat to strengthen a restoration sign.

A transparent breakout above the $0.20 mark might pave the way in which for the value to go towards the $0.28 zone, which marks the current peak. Conversely, if Pi fails to carry help round $0.157, downward stress might pull the value again to the February backside ($0.13).

At current, the value is more likely to proceed fluctuating inside the $0.16–$0.18 vary, as macro and geopolitical elements could have an effect on threat urge for food, thereby limiting capital circulate into property like altcoins.

No confirmed reversal but

Pi Community is recording early indicators of stabilization as bearish momentum weakens, in accordance with MACD indicator information. Nevertheless, the long-term downtrend has not but been damaged.

Strain from excessive provide, restricted liquidity, and a weak technical construction continues to be an element hindering a restoration. The prospects for restoration will rely on the value’s means to beat key short-term resistance zones.



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Tags: BearishexhaustsFloorMACDMomentumNetworkpriceRecoverSupport
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