Pi coin has faced the brunt of the massive token unlocks, which led to the PI price hitting an all-time low of $0.341, just a couple of hours ago. Over 19 million PI were released into circulation on August 1, accelerating the downward spiral. It is worth noting that previous unlocks like the 8 million token event in May 2025 caused similar 30% drawdowns.
With the price down 13.75% in the last 24 hours and over 20% in a week, investors are worried about a further downside. The sell-off cascade led to the volume spiking by 82.79% to $157.65 million. If you hold some Pi or are planning on stacking some at the dip, this Pi price analysis is a must-read for you.
Technically speaking, Pi price has breached key support zones. The breakdown below the Fibonacci 78.6% retracement at $0.389 opened the doors to $0.35, now hovering at $0.3491. Talking about indicators, the RSI stands at 26.02, which is the most oversold point since June.
Moreover, Pi remains isolated from broader crypto trends. With the Altcoin Season Index at 36, Bitcoin dominance is increasing, leaving altcoins like Pi behind. Pi’s 30-day correlation with Bitcoin sits at -0.27, showing it’s not following the broader market’s lead. That being said, a lack of Tier-1 listings such as Binance and Coinbase further limits liquidity and institutional entry.
Looking forward, if the $0.32 support fails, Pi could fall into panic selling. On the upside, reduced daily unlocks in September (projected at 5.3M/day) may ease pressure and allow the market to digest current supply.
Coming to the price targets, if Pi coin manages to reclaim the $0.4022 resistance level. Bulls will have significant control, and help moonshot the price to $0.52 in the short to mid-term. That being said, in such a case PI price could head to $0.64 next.
A massive token unlock of 72M this week flooded the market, triggering a sharp selloff.
Yes, with an RSI of 26.02, Pi is at its most oversold level since June 2025.
$0.32 is a crucial support. A break below may lead to panic selling toward $0.30 or lower.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Strategy (formerly MicroStrategy), the largest corporate holder of Bitcoin, is back with another big buy. …
It’s a well known fact that while market hype can spur the initial price run…
The crypto space moves fast, but some moments deserve to be savored. Today marks one…
Ethereum’s price appears to be wobbling after a sharp post-crash recovery, sparking fresh debate over…
The Cardano price action has been at an interesting stage despite continuing to trade far…
Story Highlights The ASTER price today is The token could hit an average price of…
