Pi Network (PI) Price Today: Up 0.5% to $1.16, Market Cap $7.94B

Pi Network (PI) has edged up 0.5% in the past 24 hours, reflecting the still high volatility of the crypto market.

The price of Pi Network (PI) has edged up slightly by 0.5% in the past 24 hours, still showing high volatility in the crypto market. Currently, the Pi Coin is trading at around $1.16, having moved in a range of $1.12 – $1.20 throughout the day.

So how much is the price of Pi Network in rupiah today? Let’s take a look at the full review below.

Pi Network price rises 0.5% within 24 hours

As of March 20, 2025, Pi Network (PI) has seen a slight uptick of 0.5%, bringing its price to approximately $1.16. At the current exchange rate of $1 = IDR 16.465, this puts the value of Pi Network in rupiah at around IDR 19.099.

Read also: Can Pi Network Price Reach $100 IOU Level?

Throughout the day, the price of PI moved in a range of $1.12 – $1.20, showing moderate volatility.

In terms of market capitalization, Pi Network recorded a value of $7.94 billion, with a fully diluted valuation (FDV) of $12.21 billion. Additionally, trading volume in the last 24 hours stood at $384.97 million, reflecting steady interest from investors. Currently, the circulating supply of PI stands at 6.84 billion, while the total supply stands at 10.53 billion, with a much larger max supply of 100 billion.

Pi Network Experiences an Outflow of Funds

The Chaikin Money Flow (CMF) indicator reflected the weakening market sentiment, with a sharp decline this week. Currently (3/19), the CMF is hovering around the zero line, indicating that outflows are starting to outpace inflows. This trend is a bearish sign for the Pi Network, as it indicates that investors are starting to sell their assets to secure profits.

If the CMF falls below the zero line, it will signal that outflows are really dominating, which may exacerbate the sell-off. This will increase downward pressure on the asset, prolong the negative trend, and push the price down further.

Overall, market sentiment remains bearish, with the Relative Strength Index (RSI) indicator approaching the oversold threshold at 30.0. This suggests that Pi Network, along with other altcoins, is facing strong selling pressure. This sluggish market trend has caused most cryptocurrencies to decline, including PI.

The RSI level is an important technical indicator, and its current position indicates that the Pi Network has the potential for further decline.

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Although there is still a bit of bullish momentum, the lack of strong support and investor confidence may cause PI prices to continue to weaken in the short term.

PI Price Attempts to Breakout

Currently (3/20), PI is trading at $1.16, a 0.5% increase from its previous value. The altcoin has fallen below the $1.19 support level and is moving in a descending wedge pattern, which suggests that further downside movement is still possible, with the price testing its lower trend line.

If this bearish condition continues, PI could potentially break the trend line and drop to the $0.92 support level. This drop will bring PI prices closer to the $1.00 psychological level, which could trigger more selling from investors as downward pressure increases.

If the PI falls below $1.00, this could be a significant negative signal for asset holders.

However, if PI manages to return to the $1.19 level as support, there is a chance for recovery. A successful rebound above $1.19 could pave the way for an increase towards $1.43, which could potentially help PI break out of its current bearish pattern and invalidate the bearish outlook.