Hey everyone, welcome back to PhoCrypto.com, your go-to spot for straightforward insights on crypto and investing. As someone who’s been deep in the trenches of cryptocurrency for years, I love diving into projects like Pi Network. It’s got that unique mobile-mining angle that’s drawn in millions, but like any altcoin, its price can be a rollercoaster. Today, we’re looking at the recent dip and whether on-chain signals are hinting at a reversal. Let’s break it down step by step—clear, no fluff, just the facts to help you make smarter decisions.
What’s Happening with Pi Network’s Price Right Now?
As of November 21, 2025, Pi Network (PI) is trading at around $0.243, down about 2.4% in the last 24 hours. If you’re in Indonesia or thinking in rupiah (with $1 equaling roughly IDR 16,711), that’s about IDR 4,060 per PI. Over the day, the price bounced between a low of $0.2365 and a high of $0.2601.
Market-wise, Pi’s total capitalization sits at approximately $2,016,289,377, with a fully diluted value of $3,101,983,657. Trading volume in the past day hit $79,699,009, showing decent activity from buyers and sellers. This comes after a surprising 15% jump on November 20, which caught a lot of skeptics off guard—they were betting on a new low, but PI flipped the script.
Pi Network Price Drops 2.4% in 24 Hours
Breaking Out of the Triangle: A Bullish Shift?
Looking at the 4-hour chart from November 20, Pi Network pulled off a key move: it broke above the upper trendline of a symmetrical triangle pattern. For those new to charts, this pattern often signals indecision, but a breakout like this points to bulls taking charge in the short term.
Backing this up is the Bull Bear Power (BBP) indicator, which flipped to green bars that are getting taller—meaning buying pressure is building while sellers are losing steam. It’s a tough spot for the bears; if those green bars keep stacking, PI could push higher toward resistance zones.
Buyers also held firm at the $0.21 support level and smashed through $0.25 resistance. Adding to the optimism, the Holders Sentiment indicator crossed above zero, suggesting more folks are holding or buying rather than selling. With sentiment on the upswing and key levels reclaimed, PI might aim for $0.28 next. As an investor myself, these shifts are exciting—they remind me why patience pays in crypto.
More: Pi Network Price Analysis: Double Bottom Signals Potential Relief Rally Ahead
How Does Pi Stack Up Against Bitcoin?
Here’s where it gets interesting: on-chain data shows Pi Network outperforming Bitcoin right now. While BTC is stuck in consolidation (that sideways grind we all know too well), PI’s metrics are shining with more accumulation, better sentiment, and stronger liquidity.
This edge means PI is delivering better risk-adjusted returns compared to Bitcoin. If this keeps up, Pi could widen that gap, reinforcing the bullish vibes we’re seeing on its charts. It’s a reminder that altcoins like PI can shine independently, especially when the king (BTC) takes a breather.
Related: Pi Network Price Prediction: Potential 105% Surge – Patterns, Drivers, and What’s Next
Pi Price Forecast: Reversal or False Hope?
Switching to the daily chart from November 20, Pi broke through a major resistance line, signaling buyers are ramping up and leaving the old consolidation behind. The Chaikin Money Flow (CMF) climbed to 0.11, confirming more money flowing in from buyers.
Even better, the Supertrend indicator turned bullish, with its green line now below the price— a solid uptrend confirmation. If this momentum holds and volumes pick up, PI could climb to $0.27 or, in a hot streak, even $0.35.
But let’s keep it real: crypto is volatile. If buying pressure fades, we could see a pullback to the $0.15 support. Always watch those indicators and volumes—they’re your best friends for spotting if the reversal is for real.
Final Thoughts: Is Pi Network Worth Watching?
Pi Network’s recent moves—from that 15% surge to the current minor dip—show it’s not done yet. On-chain data and technicals suggest a potential trend reversal, but as always in investing, do your due diligence. I’m keeping an eye on this one for my portfolio; it’s got community-driven potential in a crowded market.
If you’re into crypto mining or altcoins, Pi could be a fun addition—just remember to diversify. What do you think—bullish on PI? Drop your thoughts in the comments below, and subscribe for more updates from PhoCrypto.com. Stay smart out there!
