Pi Network price gained more than 10% this week as rising volume, the Protocol 26 upgrade, and a new RoboPay integration improved short-term demand.
Summary
- Pi Network price gained more than 10% this week, with trading volume rising 75% to $11.5 million.
- The token is testing resistance between $0.0882 and $0.0900 on the 4-hour chart.
- PI reclaimed its 20-day SMA at $0.08513, while Chaikin Money Flow turned positive.
- Protocol 26 requires Mainnet node operators to upgrade by Aug. 11 to remain connected.
Pi Network price tests $0.09 resistance
According to data from crypto.news, Pi Network (PI) price traded near $0.0872 on Wednesday after gaining more than 10% over the past week. The token rose as high as $0.0902 during the latest daily session before giving back part of the move.
Trading activity also increased. PI’s 24-hour volume rose 75% to approximately $11.5 million, showing that the recovery attracted more market participation than earlier low-volume moves.
The 4-hour chart shows PI pressing against the upper Bollinger Band at $0.08824. That level overlaps with the $0.088–$0.090 resistance zone that has limited several recovery attempts since late July.
A 4-hour close above $0.090 would provide the first clear sign that buyers have broken the immediate ceiling. Until that happens, the latest advance remains a resistance test rather than a confirmed breakout.
PI’s 4-hour Relative Strength Index stood at 61.97, above its signal average of 53.98. The reading points to strengthening momentum but remains below the conventional overbought threshold of 70.
Protocol 26 deadline supports sentiment
The recovery comes as Pi Network prepares to complete its Protocol 26 Mainnet upgrade. The Pi Core Team has given node operators until Aug. 11 to install the update through the Pi Node software.
Operators who fail to upgrade risk losing their connection to the Mainnet, according to the project’s official announcement.
Protocol 26 follows eight upgrades completed during recent months. Pi Network has described it as a major step before Protocol 27, the final update currently planned in this upgrade cycle.
The upgrades are intended to bring the network’s protocol features and functionality up to date. However, they do not guarantee greater demand for PI or a sustained price recovery. Traders will be watching whether the technical work leads to increased development and activity across the ecosystem.
The Aug. 11 deadline may remain a short-term sentiment driver. Price volatility could rise around the event if node participation or the upgrade process differs from market expectations.
RoboPay adds a potential PI payment use case
Fabric Foundation also announced that Pi Network had joined RoboPay as a payment partner. The group said PI would be used to pay for robot services across the Fabric network.
“Pi will be used to pay for robot services across the Fabric network,” the Fabric Foundation said.
RoboPay is designed to let developers assign prices and execution rules to robotic tasks. A payment-authorized request can trigger a robot to perform an action and return a structured result once the task is completed or rejected, according to Fabric Foundation documentation.
Potential services include deliveries, security patrols, industrial inspections and interactions with humanoid assistants. These examples describe the planned scope of the system, however, and do not establish that each service is already widely available to PI holders.
The integration gives PI another proposed utility route beyond transfers and ecosystem applications. Its effect on token demand will depend on the availability of RoboPay services, user adoption, and the number of transactions ultimately settled with PI.
PI price faces larger moving-average barriers
The daily chart offers an improving short-term picture but shows that PI has not reversed its wider downtrend.
PI closed around $0.08727, above its 20-day simple moving average of $0.08513. Reclaiming that line gives buyers an initial support level following the rebound from July’s low near $0.070.
Chaikin Money Flow increased to 0.07, moving above zero as capital flows shifted modestly toward buyers. A sustained positive reading would add support to the recovery case.
The larger moving averages remain well above the market, however. PI trades below its 50-day SMA at $0.10218, the 100-day SMA at $0.12807, and the 200-day SMA at $0.15230. Their bearish alignment reflects the decline that has continued since the first quarter.
If PI closes above $0.090, the psychological $0.10 level and the 50-day SMA near $0.1022 would form the next resistance area. That would represent an advance of roughly 17% from $0.0872.
On the downside, the Bollinger Band midpoint and 20-day SMA create initial support around $0.0845–$0.0851. Losing that zone could expose the lower 4-hour band near $0.08085. A deeper reversal would put the July base between $0.070 and $0.075 back in focus.
For US traders, the setup also carries venue risk because PI access and supported trading pairs can differ by platform and jurisdiction. The displayed price comes from the OKX PI/USDT market, so spreads and available liquidity may not match those on other venues.
PI’s immediate outlook therefore depends on whether buyers can convert the current volume increase into a close above $0.090. Protocol 26 and RoboPay have improved sentiment, but the token must still clear its longer-term moving averages to establish a broader reversal.
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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