{"id":24443,"date":"2026-10-16T15:48:59","date_gmt":"2026-10-16T15:48:59","guid":{"rendered":"https:\/\/cryptoted.net\/index.php\/2026\/10\/16\/pi-network-price-rebounds-above-0-08-but-can-it-hold-the-recovery\/"},"modified":"2026-10-16T15:48:59","modified_gmt":"2026-10-16T15:48:59","slug":"pi-network-price-rebounds-above-0-08-but-can-it-hold-the-recovery","status":"publish","type":"post","link":"https:\/\/cryptoted.net\/index.php\/2026\/10\/16\/pi-network-price-rebounds-above-0-08-but-can-it-hold-the-recovery\/","title":{"rendered":"Pi Network price rebounds above $0.08, but can it hold the recovery?"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"is-style-lead\">Pi Network price has bounced above $0.08 near the area that supported its summer recovery, but September\u2019s failed rally leaves buyers with a familiar challenge: holding their gains once price moves away from the lows.<\/p>\n<div id=\"cn-block-summary-block_b12d7fff2230bc199a144fb77a17d40d\" class=\"cn-block-summary\">\n<p>\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/p>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>PI gained 1.74% to $0.08137 on the Oct. 16 daily chart.<\/li>\n<li>September\u2019s recovery stalled near $0.10 before price returned toward its July support area.<\/li>\n<li>Crypto With Gopal identified a potential triple bottom requiring a breakout above $0.11.<\/li>\n<li>Weekly momentum has improved, although daily money flow remains negative.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>PI is back in familiar territory. After climbing away from its July lows through August and September, the token has surrendered much of that recovery.<\/p>\n<p>The latest bounce lifted PI to $0.08137 on TradingView\u2019s OKX daily chart on Oct. 16. It traded between $0.07922 and $0.08195 during the session, gaining 1.74%.<\/p>\n<p>Repeated visits to the same floor have attracted attention from the account publishing as Crypto With Gopal. In an Oct. 16 X <a href=\"https:\/\/x.com\/cryptowithgopal\/status\/2111064003854455192\" target=\"_blank\">post<\/a>, the account identified a potential triple bottom around $0.07\u2013$0.08 and said a breakout above $0.11 could open a move toward $0.16.<\/p>\n<p>The bullish case faces an obstacle visible in the recent price history. PI found buyers near these lows before, but the previous recovery ran out of strength around $0.10. Another bounce would need to push beyond that area to make a stronger case for a reversal.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Pi Network\u2019s first test sits near $0.085<\/h2>\n<p>The nearest hurdle is $0.08496, where the daily chart\u2019s 20-day simple moving average sits. PI needs a gain of approximately 4.4% from $0.08137 to recover that line.<\/p>\n<p>A move above the average would be an early improvement. Holding it during a subsequent pullback would strengthen the recovery case before another attempt at September\u2019s highs.<\/p>\n<p>Daily Chaikin Money Flow remained negative at \u22120.11, suggesting selling pressure persisted despite the bounce. A return above zero alongside a price recovery would provide stronger confirmation than the daily gain alone.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"954\" src=\"https:\/\/media.crypto.news\/2026\/10\/PIUSDT_2026-10-16_20-12-51.webp\" alt=\"Pi Network trades near $0.0814 below its 20-day average, with negative Chaikin Money\" class=\"wp-image-14486663\" srcset=\"https:\/\/media.crypto.news\/2026\/10\/PIUSDT_2026-10-16_20-12-51.webp 1827w, https:\/\/media.crypto.news\/2026\/10\/PIUSDT_2026-10-16_20-12-51-300x157.webp 300w, https:\/\/media.crypto.news\/2026\/10\/PIUSDT_2026-10-16_20-12-51-1024x535.webp 1024w, https:\/\/media.crypto.news\/2026\/10\/PIUSDT_2026-10-16_20-12-51-768x401.webp 768w, https:\/\/media.crypto.news\/2026\/10\/PIUSDT_2026-10-16_20-12-51-1380x721.webp 1380w, https:\/\/media.crypto.news\/2026\/10\/PIUSDT_2026-10-16_20-12-51-880x460.webp 880w\" sizes=\"auto, (max-width: 1827px) 100vw, 1827px\"\/><figcaption class=\"wp-element-caption\">Pi Network price daily chart \u2014 Oct. 16 | Source: TradingView<\/figcaption><\/figure>\n<p>Beyond the average, the upper Bollinger Band stood near $0.094, followed by September\u2019s recovery area around $0.10. Those levels stand between PI and the account\u2019s $0.11 breakout threshold, which requires an advance of roughly 35% from the daily chart price.<\/p>\n<p>The proposed $0.16 target is more distant, at approximately 97% above $0.08137. It remains conditional on the breakout rather than a target established by the current rebound.<\/p>\n<h2 class=\"wp-block-heading\">Weekly momentum improves while price stays near the lows<\/h2>\n<p>The weekly chart offers some encouragement for buyers. MACD stood at \u22120.02536, above its signal line at \u22120.02990, producing a positive histogram of 0.00455.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"954\" src=\"https:\/\/media.crypto.news\/2026\/10\/PIUSDT_2026-10-16_20-14-10.webp\" alt=\"Pi Network remains below bearish Supertrend resistance as MACD momentum improves.\" class=\"wp-image-14486664\" srcset=\"https:\/\/media.crypto.news\/2026\/10\/PIUSDT_2026-10-16_20-14-10.webp 1827w, https:\/\/media.crypto.news\/2026\/10\/PIUSDT_2026-10-16_20-14-10-300x157.webp 300w, https:\/\/media.crypto.news\/2026\/10\/PIUSDT_2026-10-16_20-14-10-1024x535.webp 1024w, https:\/\/media.crypto.news\/2026\/10\/PIUSDT_2026-10-16_20-14-10-768x401.webp 768w, https:\/\/media.crypto.news\/2026\/10\/PIUSDT_2026-10-16_20-14-10-1380x721.webp 1380w, https:\/\/media.crypto.news\/2026\/10\/PIUSDT_2026-10-16_20-14-10-880x460.webp 880w\" sizes=\"auto, (max-width: 1827px) 100vw, 1827px\"\/><figcaption class=\"wp-element-caption\">Pi Network price weekly chart \u2014 Oct. 16 | Source: TradingView<\/figcaption><\/figure>\n<p>Momentum has improved relative to the signal line, but both lines remain below zero. Weekly Supertrend also stayed bearish, with its resistance line at $0.12449.<\/p>\n<p>The contrast is the most constructive part of the setup: momentum is improving while price revisits support. That supports watching for a base, although the price chart has yet to show a sustained recovery.<\/p>\n<p>PI remained down 1.35% on the displayed weekly chart despite its daily gain. Its weekly low of $0.074 sits about 9% below $0.08137, with the daily lower Bollinger Band nearby at $0.076.<\/p>\n<p>Another retreat through those levels would put the lower end of the proposed $0.07\u2013$0.08 base under pressure. A sustained break beneath that zone would undermine the triple-bottom call.<\/p>\n<p>For the rebound to develop, PI first needs to recover $0.085, then clear the area where September\u2019s rally stalled. Buyers have lifted price from the lows again. The harder test is keeping it there.<\/p>\n<div class=\"cn-block-disclaimer\">\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/crypto.news\/pi-network-price-rebounds-can-it-hold-the-recovery\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pi Network price has bounced above $0.08 near the area that supported its summer recovery, but September\u2019s failed rally leaves buyers with a familiar challenge: holding their gains once price moves away from the lows. Summary PI gained 1.74% to $0.08137 on the Oct. 16 daily chart. September\u2019s recovery stalled near $0.10 before price returned [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":23722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[23],"tags":[],"kronos_expire_date":[],"class_list":["post-24443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/24443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/comments?post=24443"}],"version-history":[{"count":0,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/24443\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media\/23722"}],"wp:attachment":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media?parent=24443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/categories?post=24443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/tags?post=24443"},{"taxonomy":"kronos_expire_date","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/kronos_expire_date?post=24443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}