The current price of Pi Network (PI) is $0.233564, showing a slight decline of 0.83% over the past 24 hours. The price has fluctuated between a high of $0.236412 and a low of $0.229359 during this period, reflecting a daily range of 0.007053%.

Trading volume stands at approximately 20,583,282, with a volume-to-market cap ratio of 1.06%. The hourly moving averages are indicating mixed signals, with the 8 SMA and 13 SMA showing minor upward trends of +1.11% and +1.03% respectively, while the 144 SMA is down -2.94%, suggesting short-term bullishness but longer-term bearishness.

The 1-hour RSI at 51 indicates a neutral position, while the 7-day RSI at 41 suggests the asset is approaching oversold conditions. The 7-day price change shows a significant decline of -8.30%, indicating bearish momentum, but the 30-day price change of +1.62% suggests some recovery over a longer timeframe.

The all-time high for PI was recorded at $2.99 on February 26, 2025, which indicates a substantial potential for growth from the current price level. However, the current technical indicators and short-term performance suggest caution, as the price remains significantly below its historical peak.

Given the current market dynamics, the price action combined with the recent decline and the mixed signals from moving averages leads to a Hold recommendation. The asset is at a critical juncture, and while there is potential for recovery, immediate bearish sentiment should be monitored closely before any aggressive positions are taken.