Pi Coin price is stuck. While some traders are watching the chart for a possible breakout, others believe the problem runs deeper.
A recent chart shows the Pi Coin stuck below a strong descending trendline that has held since early May. Every time the price touched that line, it got rejected and dropped.
At writing, Pi Coin price is trading around $0.47, hovering close to this trendline once again as it is up over 5.5% today. The Relative Strength Index (RSI) is rising and now sits near 57, showing some bullish momentum.
But it’s not yet overbought, and there’s no clear breakout signal. According to the chart, Pi Coin price has a strong support area between $0.35 and $0.50. It has bounced in that range for weeks. Resistance levels sit much higher, around $0.51, $0.70, and $0.89, but price hasn’t come close to testing them.
Expert trader PiNetworkMember summed it up well. They said Pi Coin price has been stuck in a downtrend and keeps failing to break through the same trendline. Even though the RSI is ticking up, they think Pi still doesn’t have what it needs to make a real comeback. There’s not much happening on-chain, liquidity is pretty thin, and the dev team hasn’t built a strong story to get people excited again.
This matches what the chart is showing. Technically, Pi Coin price is near a decision point. A breakout above the trendline could send it to $0.60 or more. But without strong volume or community energy, the price may stay trapped in its current range.
Meanwhile, another X user, Dr_Picoin, offered a different angle. They responded to a question about why Pi apps still aren’t running on Web3.
According to them, Pi apps are still operating through the Pi Browser, which bridges Web2 and Web3. Many of the apps are still hosted on Web2, but are being designed to support Web3 features like Pi payments, wallet logins, and decentralized logic.
Question Asked: The Pi Apps are not on Web3, so why is that?
— Dr Altcoin (@Dr_Picoin) July 20, 2025
My Answer: It’s true that Pi apps currently run through the Pi Browser, which acts as a bridge between Web2 and Web3. Pi Network apps are approved based on several parameters — including security, user experience, and…
They also explained that once the .Pi domain system is fully up and running. Pi apps will move more easily into the Web3 ecosystem. But until that happens, full Web3 functionality is still on hold.
Put together, both tweets and the chart paint the same picture. Pi Coin price may be close to a technical breakout, but it needs a real boost from the broader project to sustain any gains. Without clear development milestones or increased adoption, the chart alone may not be enough to drive the price higher.
For now, Pi Coin remains range-bound, and traders are watching to see which direction comes next.
Read Also: Analyst Says $0.36 Could Trigger Dogecoin (DOGE) Price Next Rally
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