The Pi Network price is on shaky ground. Over the last two days, Pi coin has dropped nearly 20%, now hovering around $0.64, a sharp fall from its previous highs. Analysts are warning that things could get even worse. Crypto expert Dr. Altcoin says the Pi price might crash another 35% to 50%, driven largely by a massive oversupply of tokens. With over 100 million new Pi coins entering the market this month alone, the imbalance between supply and demand has investors worried. Without listings on major exchanges like Binance, the token’s price stability remains seriously threatened.
Pi Price Crashes Amid Oversupply Fears
The Pi Network’s recent price action has investors on edge. The Pi price has dropped nearly 20% in just 48 hours, sliding down to $0.64. That’s nearly 400% below its all-time high. The culprit? A flood of new supply. Dr. Altcoin, a well-known crypto analyst, warns that over 100 million Pi tokens are being issued this month, and a staggering 1.5 billion tokens are expected by the end of 2025.
With no listing on major platforms like Binance or Coinbase, retail access is limited, which is only making things worse. Fewer buyers and too many tokens? That’s a recipe for a crash. Experts have floated possible solutions. One is token burning. The Pi Foundation reportedly holds 70 billion Pi coins, and burning even a small portion could help stabilize the price. Others suggest burning transaction fees within the ecosystem.
Pi Price Analysis of April 19
The trading day of April 18th started with bearish momentum fueled by an oversold RSI reading at 06:05 UTC, dragging the PI/USDT price down to a support level of $0.6057. After stabilizing, the pair saw moderate sideways movement until a bullish MACD crossover at 11:00 UTC sparked upward momentum. This was followed by another oversold RSI at 11:25 UTC, helping the price climb toward resistance at $0.6277. The price moved in a narrow range for several hours before a second golden cross appeared around 22:05 UTC, pushing the price upward once again. This rally peaked with an overbought RSI signal at 23:30 UTC, which helped break through the earlier resistance level.
PI/USDT chart, analyzed by ShwetaCW, published on TradingView, April 19, 2025
As April 19th kicked off, another oversold RSI condition led to a push toward a fresh resistance at $0.6659. However, a bearish MACD crossover at 00:45 UTC flipped the momentum, starting a new downward trend. According to Pi Network price prediction, if this bearish sentiment carries on, the price could retest and possibly break below $0.6277, targeting $0.6000. But if buyers step in, a reversal could see the price break $0.6659 and aim for $0.7000 or more.
Will Pi Coin Recover or Fall Further?
The recent drop in Pi price has reignited bearish sentiment in the market. Experts blame oversupply and lack of exchange listings as major roadblocks. Despite some calls for token-burning solutions, the current outlook remains weak. According to Pi price prediction, if the bearish trend holds, Pi coin could revisit $0.60 or even fall toward $0.55 in the coming days. However, if support holds and volume picks up, a short-term bounce toward $0.70 is possible. For now, Pi Network needs strong demand and structural fixes to reverse the current downtrend.
Source: Coinfomania / Digpu NewsTex