Pi Network price rebounds from record low, but can it break $0.075?

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Pi Network price has recovered to around $0.072 on November 11, climbing from its November 9 record low as buyers return to the token despite continued losses across the cryptocurrency market.

Summary

Pi Network price recovered to approximately $0.072 after hitting a record low of $0.0626 on November 9.
PI gained while Bitcoin and the cryptocurrency market declined, making its rebound different from the market’s direction.
Trading volume fell approximately 29%, suggesting that the latest price recovery lacks stronger trading activity.
Pi Network’s November 17–19 Ecosystem Summit will feature developer announcements and a $200,000 USDT hackathon.
PI faces resistance near $0.0753, with support around $0.0689 and the recent record low near $0.0626.

According to crypto.news market data, PI traded near $0.0722 at the time of writing, up almost 2% over 24 hours, after falling to a historic low of $0.0626 on Monday. The rebound comes as Bitcoin and the cryptocurrency market remain under pressure, although declining trading volume raises questions about whether the recovery can continue.

PI remains down approximately 12% over the past month, with its latest gains following weeks of falling prices.

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Why is Pi Network price up today?

The recovery began after Pi Network fell to its lowest recorded price on November 9, when selling pushed the token below $0.063.

Buyers subsequently returned around those levels, lifting PI back above $0.07. At $0.0722, the token is trading almost 15% above Monday’s low, although it remains far below its February 2025 peak of $2.99.

The rebound has occurred while Bitcoin declined nearly 2% and the overall cryptocurrency market lost around 2% over the comparable reporting period. Unlike many major cryptocurrencies, PI managed to recover part of its recent losses.

Reported 24-hour volume stood near $6.57 million, down approximately 29.24% in the supplied market snapshot. The relatively modest turnover comes as PI’s market capitalization stands near $821 million, placing it among the 100 largest cryptocurrencies.

At the same time, Blockworks data showed Pi Network’s futures open interest at almost $7 million, with a funding rate of 0.0050%. The positive funding rate indicates that traders holding long positions were paying short sellers, suggesting a slight preference for bullish positions.

Pi Network open interest, source: Blockworks

The latest movement follows a difficult trading period during which Pi Network repeatedly failed to hold previous support levels.

Pi Network price rebounds after hitting a new all-time low

Pi Network’s latest record low followed months of declining prices, with the cryptocurrency struggling to maintain demand despite ongoing network development.

As crypto.news previously reported, PI was already trading dangerously close to its previous lows on November 4, when its price hovered around $0.0749.

The token subsequently lost that level during Monday’s market selloff, falling to $0.0626 before recovering.

Its decline has coincided with continued growth in circulating supply as previously locked tokens become available for transfer.

Pi Network has approximately 11.37 billion tokens circulating against a maximum supply of 100 billion, according to its latest market data.

The project has continued moving eligible rewards onto Mainnet, including balances associated with users completing additional migration requirements.

Pi Network Ecosystem Summit approaches as traders await announcements

Attention has turned to Pi Network’s upcoming Ecosystem Summit, scheduled for November 17–19.

In its November 6 announcement, the project confirmed that the three-day online event would feature developer platform releases, technical demonstrations, application showcases and discussions about artificial intelligence.

The opening session on November 17 will focus on developer tools and existing ecosystem projects. November 18 will cover AI applications and infrastructure developments.

On November 19, Pi Network plans to announce Pi Next, a hackathon offering $200,000 USDT in prizes.

The first two sessions will stream through the project’s official YouTube channel at 4:00 p.m. UTC, while the final day’s hackathon announcement will appear on its official communication channels.

Pi's first Ecosystem Summit streams on YouTube: technical demos, new feature announcements, developer conversations and Pi Network founders Chengdiao Fan and Nicolas Kokkalis.

Nov 17 and 18: 8:00 AM PST / 4:00 PM UTC
Nov 19: new 200,000 USDT hackathon kickoff

Check out your Pi… pic.twitter.com/fMkxhnwDKa
— Pi Network (@PiCoreTeam) November 7, 2026

Pi Network previously reported having more than 300 Mainnet applications and over 18.1 million fully verified users.

However, an October ecosystem assessment found that the project had not disclosed comparable figures showing active users or payment activity across individual applications.

Pi Network price prediction as buyers target $0.075

The daily chart shows PI recovering from oversold conditions, although the token continues trading below its 20-day moving average near $0.0753.

Its Relative Strength Index has climbed to 41 from below 20, moving above its signal average of 36. The reading suggests that selling momentum has eased, but the indicator remains below the neutral level of 50.

Pi Network price chart, source: crypto.news

Pi Network is trading near the lower Bollinger Band at $0.069, while the upper band stands around $0.082.

Crypto analyst Crypto With Gopal described PI as “showing signs of a potential bottom formation after an extended downtrend.”

The analyst identified $0.065 as an important support area and suggested that reclaiming 0.072–0.075 could attract additional buyers.

$PI/USDT – showing signs of a potential bottom formation after an extended downtrend

PI is consolidating near $0.070, with buyers attempting to defend the $0.065 support zone. Selling pressure appears to be slowing, but bulls still need to reclaim key resistance.

A breakout… pic.twitter.com/2lvQqoxvb7
— Crypto With Gopal (@cryptowithgopal) November 10, 2026

Immediate resistance remains near $0.0753, with the next potential recovery area around 0.080–0.082.

A move below $0.0689 would put the recent low near $0.0626 back in focus. The November 9 record remains the nearest historical reference if buyers fail to defend the current trading range.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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