Search





Search





NewsCryptocurrencies

Pi Network Price Forecast: PI extends decline amid network upgrade

FXStreetMay 27, 2026 6:38 AM

View all comments（0）



Pi Network edges lower on Wednesday, extending losses for the fourth consecutive day.
The Pi Core Team pushes the mainnet upgrade to protocol 24, with all mainnet node operators required to complete it by June 2.
The technical outlook for PI is bearish, with selling pressure mounting.

Pi Network (PI) is under intense selling pressure, retracing below $0.1500 at press time on Wednesday. Pi Core Team announces June 2 as the deadline for the mainnet upgrade to the next Stellar protocol version 24. Technical outlook for PI remains bearish as selling pressure builds.

Pi Network’s next mainnet upgrade

Pi Network’s core team continues to steadily push mainnet upgrades, with the Stellar protocol version 24 next in line. The underlying custom protocol of the Pi ecosystem is adapted from the Stellar blockchain, which requires it to pull the latest upgrades for added functionality.

The team announced a June 2 deadline for all mainnet nodes to complete the necessary upgrades to avoid downtime. Retail interest in mainnet upgrades is declining even as the downward price spiral continues.

How low will the PI token go?

Pi Network inches closer to $0.1400 at press time on Wednesday, extending its bearish bias as price remains well below the 50-, 100-, and 200-period Exponential Moving Averages (EMAs) at $0.1507, $0.1564, and $0.1634.

The cluster of overhead EMAs reinforces the prevailing downtrend, while the Relative Strength Index (RSI) near 28 slips into oversold territory on the 4-hour chart and the Moving Average Convergence Divergence (MACD) descends below its signal line on the same chart, suggesting that bearish momentum persists even as short-term selling pressure appears stretched.

Looking down, the S2 Pivot Point serves as the immediate line of defense at $0.1410, guarding the downside to the S3 Pivot Point at $0.1357.

On the topside, initial resistance is seen at the lost S1 Pivot Point at $0.1449, close to the broken support level of $0.1463. A move above that zone would then face the 50-period EMA at $0.1507.

(The technical analysis of this story was written with the help of an AI tool.)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Google’s Strong Q2 Results Fail to Prevent Stock Pressure, Free Cash Flow Turns Negative for First Time, AI Spending Sparks Concern

TradingKey - Alphabet (GOOGL)(GOOG), the parent company of Google, delivered a quarterly earnings report reflecting a combination of growth and pressure. For the first time since its public listing, Google reported negative quarterly free cash flow, while management once again raised the target for full-year capital expenditures.

Palantir (PLTR) Falls 6% - NHS Scrutiny, Open-Source Rival, Earnings Aug 3

TradingKey - Palantir fell 6% today on two catalysts: UK regulators scrutinised the NHS FDP contract and a free open-source alternative called World Monitor appeared on GitHub. Q2 earnings August 3. At $125, the $122 support is the key level.

Google Q2 Cloud Revenue Surges 82%: Net Profit Soars 298% YoY, 26% QoQ Capital Expenditure Growth Sparks Sharp Bull-Bear Divide

TradingKey - Alphabet (GOOGL, GOOG) released its second-quarter 2026 financial results after the close of U.S. markets on July 22, Eastern Time. As of press time, Google’s revenue for the period reached $119.796 billion, up 24% year-over-year (23% on a constant currency basis), exceeding market expectations of $116.93 billion. This marks the company's 12th consecutive quarter of double-digit revenue growth. Notably, Google Cloud performance was a highlight, with revenue surging 82% year-over-year to $24.8 billion.

Western Digital (WDC) Surges 12.5% to $548 - Kioxia Merger Talks, $900 Analyst Target

TradingKey - Western Digital surged 12.5% to $548 today as memory stocks rebounded and Kioxia merger talks resumed. HDD production is sold out through 2026. Cantor Fitzgerald targets $900, Citi $800. Earnings August 5. Here is the setup.

Alphabet Q2 Earnings Preview: $190 Billion AI Gamble Faces Major Test, Can Google Cloud Still Sustain the Growth Myth?

TradingKey - Alphabet (GOOGL) (GOOG) will release its second-quarter 2026 financial results after the U.S. market close on July 22. As one of the world's most valuable technology companies by market capitalization, Alphabet’s business spans multiple sectors including search advertising, YouTube, Google Cloud, generative AI, and autonomous driving. Its earnings performance not only impacts its own stock price but is also regarded as a crucial bellwether for the global AI investment cycle.

Featured Tools