
{"id":185715,"date":"2026-06-23T11:22:14","date_gmt":"2026-06-23T11:22:14","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=185715"},"modified":"2026-06-23T11:22:14","modified_gmt":"2026-06-23T11:22:14","slug":"why-is-the-pi-network-pi-price-down-today-june-23","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=185715","title":{"rendered":"Why Is the Pi Network (PI) Price Down Today? (June 23)"},"content":{"rendered":"<p>PI is down 4% this week and is struggling to hold above $0.13.<\/p>\n<h2>PI Network (PI) Price Predictions: Analysis<\/h2>\n<p>Key support levels: $0.13, $0.10<\/p>\n<p>Key resistance levels: $0.16<\/p>\n<h3>Key Support Under Pressure<\/h3>\n<p>After some back-and-forth, PI has returned to the $0.13 key support level. Buyers tried to push this cryptocurrency higher toward the $0.16 resistance, but their attempt was short-lived, and the price reversed.<\/p>\n<p>In the past week, sellers have dominated the chart, and they appear keen to break the support at $0.13. If they are successful, and this level turns into a key resistance, then the next target for sellers will be at $0.10.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/pi_network_price_chart_2306261.jpg\"><\/a>Source: TradingView<\/p>\n<h3>Downtrend About to Resume?<\/h3>\n<p>A major concern based on this price action is a resumption of the downtrend, with new lows expected. That is likely to happen as soon as $0.13 is lost. That\u2019s also why this level is critical for bulls to hold. Any weakness there will quickly be exploited by sellers.<\/p>\n<p>Ideally, the price should have reacted strongly at the $0.13 support level, but buyers only managed a very small bounce, which was quickly sold into. Without any bullish momentum present, sellers have an opening to take PI lower.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/pi_network_price_2306262.jpg\"><\/a>Source: TradingView<\/p>\n<h3>MACD Shows Weakness<\/h3>\n<p>While the daily MACD is on the bullish side, this has turned flat on the histogram for over a week, and now it\u2019s making lower highs. That\u2019s a clear sign of a possible reversal in the future that could lead into a bearish cross.<\/p>\n<p>Moreover, the moving averages are curving down. That\u2019s another sign that buyers are no longer in control, despite their best efforts from earlier this month. Keep a close eye on the $0.13 level as that will decide where PI goes next.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/pi_network_macd_chart_230626-1.jpg\"><\/a>Source: TradingView<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/why-is-the-pi-network-pi-price-down-today-june-23\/\">Why Is the Pi Network (PI) Price Down Today? (June 23)<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>PI is down 4% this week and is struggling to hold above $0.13. PI Network (PI) Price Predictions: Analysis Key support levels: $0.13, $0.10 Key resistance levels: $0.16 Key Support Under Pressure After some back-and-forth, PI has returned to the $0.13 key support level. Buyers tried to push this cryptocurrency higher toward the $0.16 resistance, [&hellip;]<\/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-185715","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/185715"}],"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=185715"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/185715\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=185715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=185715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=185715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}