Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Pi Network Price Prediction: PI Tests Key Support as Analyst Maps a Recovery Path Toward $0.40

Pi Network Price Prediction: PI Tests Key Support as Analyst Maps a Recovery Path Toward $0.40

CoinEditionCoinEdition2026/10/23 09:06
By:CoinEdition

Pi Network price prediction for October 24 stays bearish below $0.0815, the 20-day average PI needs to reclaim after sliding under its Bollinger midline.

Pi Network Price Prediction: PI Tests Key Support as Analyst Maps a Recovery Path Toward $0.40 image 0

PI is holding above the lower Bollinger Band at $0.0756 for now, trading at $0.0798 and up 1.85% today, but it remains below all four daily EMAs and the band’s midline, so sellers still control the trend. The 20-day EMA at $0.0815 and the midline at $0.0812 sit about 2% overhead and make up the first hurdle.

Above them, the 50-day at $0.0855, the 100-day at $0.0937 and the 200-day at $0.1228 all slope down, which keeps the longer trend pointed lower.

PI looks more likely to stall under $0.0815 than reclaim it on October 24, and a daily close below $0.0756 would put the $0.07 level in play.

Type Price Why it matters
Resistance $0.0815 20-day EMA, beside Bollinger midline
Resistance $0.0855 50-day EMA
Resistance $0.0867 Upper Bollinger Band
Support $0.0782 Today’s low
Support $0.0756 Lower Bollinger Band
Support $0.07 Round level near mid-July low

Pi Network said in an X post and an October 15 blog post that AI is making software easier to build, which leaves reaching users as the harder problem for developers. Its answer is an existing audience, and it put numbers on it.

Metric Pi’s figure
Engaged Pioneers More than 60 million
Fully KYC’d users Over 18.1 million
Mainnet apps Over 300
Nodes More than 420,000

Developers can reach Pioneers, as Pi calls its users, through tools for app discovery, user sign-in and Pi payments. Pi’s 2026 developer updates include Pi App Studio, which brings externally built AI apps into the ecosystem, the SoloHost platform for self-hosted AI apps, new SDK features and better documentation. 

The Pi Ecosystem Summit, held online on November 17 to 19, is where it plans to introduce more capabilities, alongside developer demos, app showcases and a new hackathon.

Analyst Giannis Andreou said PI is testing support at $0.075 to $0.080 while the daily downtrend stays intact, and the lower Bollinger Band at $0.0756 sits inside that zone. He laid out the levels PI would need to win back and the one that would weaken the setup.

Level What Andreou flagged
$0.088 to $0.092 First recovery signal if PI reclaims it
$0.098 to $0.105 Second recovery signal
$0.12 to $0.36 Four higher checkpoint zones above that
$0.38 to $0.40 The visible high area, back in focus if those zones are cleared and held
$0.070 to $0.073 Downside zone if PI closes below $0.075 on the daily chart and fails to reclaim it

PI holds above $0.0756, closes above the 20-day EMA at $0.0815 and the Bollinger midline, then clears the 50-day at $0.0855. That would open the upper band at $0.0867, with Andreou’s $0.088 to $0.092 zone just beyond it.

PI closes below the lower band at $0.0756 and then the $0.075 level Andreou flags. That would put the round $0.07 level near the July low in play, which matches his $0.070 to $0.073 downside zone.

What is the Pi Network price prediction for October 24, 2026?

PI stays bearish below $0.0815 and could rebound toward $0.0855 and then $0.0867 if it closes above that level. A daily close below the lower Bollinger Band at $0.0756 would put the round $0.07 level in play.

Why is the Pi Network price falling?

PI has fallen from near $0.20 in early May to $0.0798, and it trades below all four daily EMAs, which points to a downtrend that has not yet turned. The 200-day EMA at $0.1228 is still sloping down.

What is the key support level for Pi Network?

The lower Bollinger Band at $0.0756 is the nearest support, followed by the round $0.07 level near the July low. Analyst Giannis Andreou also flags a $0.075 to $0.080 support zone that PI is currently testing.

How many users does Pi Network have?

Pi Network says it has more than 60 million Engaged Pioneers and over 18.1 million fully KYC’d users, along with more than 300 Mainnet apps and over 420,000 nodes. These are Pi’s own figures from its October 15 blog post.

div#ce-iframe-ads div#frame { margin: auto; text-align: center; }
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!