Pi Network Price Prediction: Will a Zero-Knowledge Upgrade Reverse PI’s 27% Weekly Crash?

• Protocol v25 upgrade is scheduled for July 22, introducing zero-knowledge smart contract capabilities after six weeks of core team silence
• RSI Divergence Indicator sits at 18.81, deeply oversold, with a bullish divergence signal active on the daily chart
• An anonymous wallet holding over 400 million PI was spotted buying dips on July 16, yet price continued falling

Pi Network trades at $0.07825 on July 17, up 2.38% on the session but down 27% over the past week and sitting 97.5% below its February 2025 peak, with the RSI at its most oversold reading of the year. Protocol v25 arrives July 22 as the first meaningful catalyst in six weeks, but 775.8 million PI scheduled to unlock before December makes any recovery an uphill fight against its own supply calendar.

Daily RSI At 18 With A Bullish Divergence Active

The daily chart shows PI pressing against the lower Bollinger Band at $0.06993 after a sustained selloff that has brought price from above $0.20 in May to current levels. The Bollinger midline at $0.10205 and upper band at $0.13417 sit well above spot, with both acting as sequential resistance on any bounce. A descending dotted trendline has capped every recovery attempt since the April peak near $0.30.

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The RSI Divergence Indicator at 18.81 has printed a bullish divergence signal in July, the same setup that preceded a recovery in February. But unlike February, price has shown no reaction to it whatsoever. PI continued falling even as RSI attempted to stabilize, which means the divergence is active on paper but unconfirmed in price action. Until buyers actually step in and push price away from the lower Bollinger Band, the divergence remains a signal waiting for a catalyst rather than one that is already working.

What Are The Key Support And Resistance Levels For PI Today?

• Support at $0.06993 on the lower Bollinger Band and the $0.0700 round number
• Resistance at $0.10205 on the Bollinger midline
• Extended resistance at $0.13417 on the upper Bollinger Band and the descending trendline

Short-Term Structure Shows Compression Before A Directional Move

The 1-hour chart shows price compressing between two converging trendlines after the sharp drop to the $0.0700 zone on July 16. The Parabolic SAR at $0.07416 sits below current price, flipping to a bullish reading on the short-term timeframe. The MACD line at 0.00042 has crossed above the signal line at 0.00002, with the histogram turning from red to green bars, confirming that short-term momentum has shifted toward buyers after the capitulation low.

Neither signal is strong enough to call a reversal on its own, but the combination of an oversold daily RSI, a SAR flip, and a MACD crossover on the hourly all pointing in the same direction suggests at minimum a relief bounce is building, with v25 on July 22 as the nearest catalyst.

Protocol v25 Brings Zero-Knowledge Capabilities To Pi After Six Weeks Of Silence

The Pi Core Team confirmed on July 17 that Protocol v25 will go live on July 22, ending six weeks without a major announcement. The upgrade introduces BN254 cryptography and Poseidon hashing, two building blocks that enable developers to build zero-knowledge applications where sensitive information can be verified without being exposed. Practical use cases include identity verification and private proof systems. The Core Team has asked all node operators to upgrade ahead of the activation date.

The upgrade is not entirely new technology. Protocol v25, known as X-Ray on Stellar, went live on the Stellar mainnet in January 2026, meaning Pi is adopting a production-proven implementation rather than a novel one. That lowers technical risk but also limits the narrative upside of framing it as a breakthrough. A further upgrade, Protocol v26, is confirmed to follow. Separately, the Pi mining app received its first interface refresh, adding a redesigned side menu, improved access to the Mainnet Checklist, and dark mode support for its 60 million active users.

A Whale Is Buying But The Unlock Calendar Is Heavy

An anonymous wallet holding over 400 million PI was spotted accumulating during the July 16 selloff, one of the sharpest single-day drops of the year at roughly 10%. The accumulation has not stemmed the decline so far, but the wallet size makes it a credible signal of conviction rather than noise. 

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Against that, PiScan data shows 775.8 million PI scheduled to unlock between July and December 2026, a supply overhang that will keep pressure on price regardless of near-term demand.

Pi Network Price Prediction: Upside and Downside Targets

• Upside case: The daily RSI divergence confirms, v25 upgrade on July 22 drives community engagement, and PI reclaims the Bollinger midline at $0.10205 as whale accumulation absorbs unlock supply in the near term.
• Downside case: The lower Bollinger Band at $0.06993 breaks, unlock supply overwhelms buyer demand ahead of v25, and PI slides toward the $0.06 area with the oversold RSI remaining depressed rather than snapping back.