Pi Network Price Forecast November 2026: 4 Major Catalysts That Could Move PI

Pi Network (PI) price trades at $0.0773 at the time of writing after dropping by 15.8% in October 2026. November has also started in the red as market jitters around the US midterm elections cause weak buying pressure.

The charts show that bulls are defending the support at $0.076. However, PI remains below all the key daily EMAs as the overall momentum remains weak.

Besides politics, PI, like the broader crypto market, is facing a potential surge in volatility in November because of geopolitical risks. However, ecosystem-specific developments might offer an opportunity for buyers during the month.

US Midterm Elections Could Move Pi Network Price in November

The US midterm elections are taking place on November 3. Data from CoinGape Prediction Markets shows a 95% chance that Democrats will control the House after the elections.

A survey by Bloomberg also shows that 55% of investors expect Bitcoin (BTC) price to drop to $60,000 and below if the Democrats also win the majority in Congress.

A decline in Bitcoin price post midterms is bearish for Pi Network price. This is because the last time that BTC dropped to below $60,000 in late June 2026, PI fell to a new all-time low of $0.070 shortly after.

Therefore, as the crypto market prices in the outcome of the election in the coming weeks, Pi Coin price faces a volatile November, and could test new lows.

Geopolitical Risks Could Push PI Lower in November

As CoinGape reported earlier, President Trump is planning fresh strikes on Iran after the midterm elections are over. In fact, former FOX News reporter Tucker Carlson says that Trump may launch nuclear strikes.

Goldman Sachs has hiked its oil price forecast on supply disruption risks, a few days after UBS also hiked its target. Additionally, only 34% of investors are betting on an end to a US-Iran Hormuz agreement by December 31 per CoinGape Prediction Markets.

Pi Coin, like all risk assets, is prone to a selloff if geopolitical tensions between the US and Iran escalate in November. The selloff might push the price below the support at $0.076 to $0.070.

However, if the two countries arrive at a peace deal in November, it will be bullish for PI, and could kickstart a recovery towards $0.083.

Network Improvements are a Bullish Catalyst

Pi Network has been announcing various technical updates focused on boosting utility. Recently, the team announced four upgrades to reduce the barrier to entry and expand utility for pioneers.

The recent updates come shortly after a major desktop upgrade as earlier reported by CoinGape, that also sought to improve security and usability.

If the rollouts continue through November, they could improve the outlook towards Pi Network price and fuel a rise in buying pressure that may support a move above $0.080.

First Ever Ecosystem Summit May Draw Buyers

Pi Network will have its first-ever ecosystem summit on November 17-19 as we reported earlier. The Pi Core team has said that during this summit, they will announce a trove of new features and platforms.

The announcement will be a bullish catalyst for Pi Coin and could propel the price not only past the resistance at $0.080, but also to the psychological level of $0.10. Data from coinalyze also shows that open interest is up by nearly $4 million in a week as traders begin to price in the event.

However, the summit may also become a sell-the-news event. In this case, Pi Network price may record a major rally in the days leading up to November 17, before profit-takers push the price lower after the event occurs.

Pi Network Price Prediction November 2026: Key Levels to Watch

The one-day chart for Pi Network price shows that there is immediate resistance at $0.079. PI has tested this resistance since late October, but has failed to record a strong close above it.

There is also an unfilled FVG gap on the daily chart at between $0.083 and $0.086. If Pi Coin can close above the immediate resistance at $0.079, its next target will be the midline at $0.084.

A confirmed close above the midline will support a bullish future Pi Network price outlook in November, because it may kickstart a move towards $0.10. However, failing to break this resistance may push Pi Network back to sub $0.080 levels.

The CMF line that is making a higher high supports the bullish thesis because it shows that buying pressure is higher than the selling pressure.

However, the RSI reading of 41 suggests the momentum is still favoring bears. In case of another downtrend, $0.074 is the main support to watch. If PI closes below it, the price may move to collect liquidity at the record low of $0.070.