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.
Source: TradingViewThe 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.
The post Pi Coin Price Prediction: Crashing Toward All-Time Low – Is PI Going to $0? appeared first on Cryptonews.
