{"id":4046,"date":"2025-04-17T13:05:29","date_gmt":"2025-04-17T12:05:29","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=4046"},"modified":"2025-04-17T13:05:30","modified_gmt":"2025-04-17T12:05:30","slug":"did-pi-network-pi-drop-9-uncovering-cause-dip","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/did-pi-network-pi-drop-9-uncovering-cause-dip\/","title":{"rendered":"Why Did Pi Network (PI) Drop 9% ? Uncovering the Cause of the Sudden Dip"},"content":{"rendered":"\n

Pi Network : Heading Towards a Negative Spiral ?<\/strong><\/h2>\n\n\n\n

The analysis of the Pi Network’s Directional Movement Index (DMI) shows a clear trend reversal<\/strong>, shifting from a bullish trend to a bearish trend. The ‘ADX index<\/strong>‘ which measures trend strength, has dropped from 43.68 to 39.17<\/strong> in just two days. This indicates that the upward momentum is waning<\/strong> in the face of increasing selling pressure.<\/p>\n\n\n

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\"Pi<\/figure>\n<\/div>\n\n\n

Pi DMI. Source: TradingView<\/p>\n\n\n\n

This shift is confirmed by the crossing of the +DI and -DI lines, representing the strength of buyers and sellers, respectively. While the +DI drops from 22.11 to 13.29, the -DI jumps from 11.32 to 30.95<\/strong>, clearly indicating that sellers have taken control of the market. Unless there is a sudden trend reversal, the Pi network is likely to remain under short-term pressure<\/strong>.<\/p>\n\n\n\n

Fleeing Capital : Market Losing Confidence in the Project<\/strong><\/h2>\n\n\n\n

The Chaikin Money Flow (CMF)<\/strong>, an indicator measuring incoming and outgoing money flows, has turned negative to -0.13 from 0.07 the previous day. This sudden shift from a positive to negative level reflects increased capital outflows<\/strong> and a decrease in demand. It is a weakness factor<\/strong> for the PI price<\/a>.<\/p>\n\n\n\n

\"Pi<\/figure>\n\n\n\n

PI CMF. Source: TradingView<\/p>\n\n\n\n

If this downward trend in money flows persists, it could lead to sustained selling pressure<\/strong> on the Pi network. The scenario would change if new capital inflows<\/strong> quickly support prices.<\/p>\n\n\n\n

Concerning Technical Configuration<\/strong><\/h2>\n\n\n\n

To add to the concern, the Pi Network’s Exponential Moving Averages (EMA) signal the imminent appearance of a “death cross<\/strong>.” This is a technical setup typically seen as a bearish sign<\/strong> often preceding further declines.<\/p>\n\n\n

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\"Pi<\/figure>\n<\/div>\n\n\n

If this setup is confirmed, it could push the PI price to test the support at $0.54. A break below could pave the way for a dive below the symbolic $0.50 mark<\/strong>. Only a rapid bullish<\/a> surge from buyers could reverse this downward trend and allow PI to regain the resistance level at $0.66<\/strong>, aiming for $0.789.<\/p>\n\n\n\n

The Pi Network<\/strong> is currently going through a turbulent phase<\/strong>, with a 10% drop in its price and several deteriorating technical signals. The bearish momentum seems to be settling in, with intensified capital outflows and the looming threat of a “death cross” over the project. If investors<\/a> fail to swiftly reverse the trend, Pi could plunge below the $0.50 mark<\/strong>. The upcoming weeks are crucial for the future of the Pi network<\/strong>.<\/p>\n\n\n\n

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Buy Pi easily on Bitget now !<\/a><\/div>\n<\/div>\n\n\n\n

More on this topic :<\/strong><\/p>\n\n\n\n