Pi Network July Prediction Depends on These Key Technical Factors

Pi Network price opened the month of June trading at $0.148, but it has since dropped by 18% to trade at $0.121 today, June 29. The drop comes as bearish headwinds continue to rock the crypto market, as traders dump risk assets and turn towards AI IPOs and less risky assets.

With June ending after multiple Pi Network upgrades and the highly anticipated Pi2Day happening on June 28, attention has shifted towards July 2026 and how the price of Pi Coin could perform during the month. 3 technical factors: a support level of $0.12, token unlocks, and derivatives data might influence PI’s July moves.

Pi Network Price Needs to Hold This Key Support Level in July

Pi Network has tested the $0.12 support level seven times in June, and it needs to defend it in July to avoid panic selling that might make the price drop. At press time, Pi Coin was already trading below this support level.

This support level is near the all-time low of $0.118, suggesting that buyers are viewing it as a good price to buy Pi Coin, which is why it has bounced seven times since testing this support level.

But Pi Network is under a lot of selling pressure coming from traders abandoning crypto assets after Bitcoin price dropped to $58,000 on July 25.

Pi Network might move below $0.12 and test the psychological support level of $0.10 in July if the sentiment in the crypto market remains as bearish as it was in June.

The RSI reading of 41 also supports a bearish long-term Pi Network price prediction. This RSI reading needs to move above 50 for PI to reclaim the June 1 high of $0.14.

103.7M Token Unlocks Will Weigh on Pi Network Price in July

Data from Pi Scan shows that 103.7 million PI tokens are going to be unlocked in July. This will be 27 million higher than the 76 million Pi Coins unlocks in June.

These 103.7 million Pi Coins are going to increase the number of coins that are available on exchanges, which might pull the price down in July if the demand is low.

These unlocks are also happening at a time when many new buyers are hesitant to buy crypto after the market cap of all crypto assets dropped by $2.3 trillion in the last eight months.

This means that Pi Coin largely depends on its old buyers to keep buying more coins in July for the price to rise. If they also become hesitant to absorb the 103.7 million coins, the price of Pi Network might move to $0.10 in July.

Derivatives Market Activity For Pi Network Needs to Rise in July For Price to Move

The open interest for Pi Network dropped from $28 million on June 1 to $20 million on June 27, with this drop suggesting that the demand for Pi Coin has declined.

If this open interest remains at $20 million in July, the Pi Network price will stall near the support level of $0.12 because there will be no demand to push the price up.

Data from Coinalyze also supports that Pi Network price gains when the open interest is rising as seen on May 6, 2026, when the open interest reached $35 million, and PI price rose to $0.18.

A similar rise in OI in July might not only help Pi Coin to defend the support level of $0.12, but also reach the June high of $0.149.

Will Pi Network Price Rise or Drop in July 2026?

The Pi Network price might rise in July 2026 if bulls can defend the support level of $0.12 and bullish factors like network upgrades and dApp activity rise to attract buying pressure.

CoinGape previously reported that Pi Coin’s dApp activity increased in June 2026 after the launch of CiDi Games on the network. This helped the price to remain above crucial support despite the bearish trends in the rest of the crypto market. If this dApp activity continues to rise in July, the price might rise.

However, Pi Network might drop in July 2026 to test the psychological support at $0.10 if the broader crypto market fails to rebound and sellers continue to outpace sellers.