Pi Network Price Prediction as Analyst Flags 2 Bullish Signals Despite Falling Open Interest

Pi Network (PI) price is up by 1.55% today, August 14, to trade at $0.089 at the time of writing. Trading volumes were also up by 13% per CoinMarketCap data, with an analyst now observing that two signals suggest that trader sentiment towards PI is bullish.

Meanwhile, a decline in open interest suggests that speculative interest towards Pi Coin remains low despite the network completing the Protocol 26 upgrade on August 11.

Analyst Points Out 2 Bullish Signals for Pi Network Price

Analyst Kim Wong has said that Pi Network is topping two main ranks on CoinMarketCap: sentiment and viewership. He notes that Pi Coin ranks second in the bullish sentiment list and ranks fifth in the list of coins that have the highest views.

Per this analyst, PI’s one-hour chart also shows a bullish outlook because the price has gained to test resistance at the upper Bollinger band of $0.089. If it closes above this level, it would suggest that the upward trend is gaining strength.

The two bullish signals are emerging after Pi Network completed its ninth protocol upgrade. Pi Network now has one upgrade left before the network becomes up to date with new features and improvements.

Analyst Ben on X also notes that while the price of PI has dropped from $0.20 in January 2026 to $0.089 at the time of writing, the network’s usage has increased after the launch of smart contracts, a DEX and a launchpad.

Open Interest Falls Despite Price Increase

Pi Network’s open interest has dropped from $41.85 million on July 16 to $26.25 million at the time of writing. This falling OI signals a bearish divergence because the price of Pi Coin has increased from $0.0768 to $0.089 within the same period.

The funding rate that has been green for three straight days on the OKX exchange also suggests that the sentiment around Pi Coin is bullish because long positions are paying short positions to maintain their positions.

Pi Network Price Prediction as Ascending Triangle Pattern Forms

The price of Pi Network trades within an ascending triangle pattern on the one-day chart, which often suggests that the trend is about to shift to bullish.

However, the bullish thesis shown by this triangle pattern will play out if the price of Pi Network closes above the resistance at $0.092.

If Pi Coin closes above $0.092, the price could gain by up to 25%, with this percentage increase being equal to the height of the triangle pattern. A 25% move from $0.092 would push the price of Pi Network price to $0.0115.

The CMF reading of 0.15 supports a bullish long-term Pi Coin price outlook. It suggests that the buying pressure for Pi Coin remains high and that the upward trend could continue.

Still, the RSI has a neutral reading of 49, suggesting that the bullish momentum is weak. The RSI also needs to create a higher high above 50 to confirm the continuation of the upward trend.