{"id":177579,"date":"2026-06-09T17:03:13","date_gmt":"2026-06-09T17:03:13","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=177579"},"modified":"2026-06-09T17:03:13","modified_gmt":"2026-06-09T17:03:13","slug":"why-is-the-pi-network-pi-price-down-this-week-june-9","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=177579","title":{"rendered":"Why is the Pi Network (PI) Price Down This Week? (June 9)"},"content":{"rendered":"

PI crashed another 10% this week and lost support at $0.13.<\/p>\n

PI Network (PI) Price Predictions: Analysis<\/h2>\n

Key support levels: $0.10<\/p>\n

Key resistance levels: $0.13,\u00a0 $0.16<\/p>\n

PI Loses Key Support<\/h3>\n

After some hesitation, PI could no longer hold at $0.13 and fell under this level, which is currently acting as key resistance. If nothing changes in the coming days, this cryptocurrency will make new lows again.<\/p>\n

The most likely target for sellers is 10 cents, which will act as a magnet for the price. This means buyers will have a tough time going forward, especially if they fail to reclaim $0.13.<\/p>\n

<\/a>Source: TradingView<\/p>\n

Bearish Momentum Intensifies<\/h3>\n

Another concerning development is evident in the volume profile, which has seen sustained selling with higher highs since mid-May. This peaked last week when the price broke below $0.13.<\/p>\n

Buyers returned somewhat earlier this week, but they only briefly revisited $0.13. At the time of this post, bulls and bears are fighting at this key level, and the winner will decide where PI goes next.<\/p>\n

<\/a>Source: TradingView<\/p>\n

Daily RSI Shows a Bullish Divergence<\/h3>\n

The only positive aspect of this most recent price action is that the daily RSI made a higher low. This could be interpreted as a bullish divergence that may materialize later. For that to happen, PI has to bottom somewhere under $0.13 and then begin a recovery.<\/p>\n

Until then, PI may remain in a downtrend with new lows likely. That could be a good opportunity for buyers, but only if a recovery follows. Otherwise, best to wait this out longer.<\/p>\n

<\/a>Source: TradingView<\/p>\n

The post Why is the Pi Network (PI) Price Down This Week? (June 9)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

PI crashed another 10% this week and lost support at $0.13. PI Network (PI) Price Predictions: Analysis Key support levels: $0.10 Key resistance levels: $0.13,\u00a0 $0.16 PI Loses Key Support After some hesitation, PI could no longer hold at $0.13 and fell under this level, which is currently acting as key resistance. If nothing changes […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-177579","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/177579"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=177579"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/177579\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=177579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=177579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=177579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}