{"id":8352,"date":"2026-04-13T13:24:44","date_gmt":"2026-04-13T13:24:44","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=8352"},"modified":"2026-04-13T13:24:44","modified_gmt":"2026-04-13T13:24:44","slug":"pi-network-slides-below-0-17-as-exchange-inflows-signal-selling-pressure","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=8352","title":{"rendered":"Pi Network slides below $0.17 as exchange inflows signal selling pressure"},"content":{"rendered":"<p><\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/a-trader-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/a-trader-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/a-trader-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/a-trader-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/04\/a-trader.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<p><span style=\"font-weight: 400;\">Key takeaways<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">PI is down 2.3% and is now trading below $0.1700.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Investor confidence is declining as CEXs record roughly 2 million PI tokens in inflows over the past 24 hours, suggesting a near-term sell-off.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Pi Network (PI) is trading below the $0.1700 mark on Monday, extending its gradual decline as the token remains stuck in a consolidation phase.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Recent data shows that centralized exchanges (CEXs) received close to 2 million PI tokens over the past 24 hours, pointing to rising sell-side activity amid a broader risk-off tone across the cryptocurrency market.\u00a0<\/span><\/p>\n<h2>Selling pressure persists amid geopolitical tensions<\/h2>\n<p><span style=\"font-weight: 400;\">Pi Network continues to face downward pressure, mirroring wider market caution triggered by failed peace negotiations between the United States and Iran in Pakistan. The breakdown in talks has escalated tensions, with the US initiating a blockade of maritime traffic through the Strait of Hormuz\u2014further dampening investor risk appetite.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Data obtained from PiScan shows that 1.92 million PI tokens were transferred to CEXs within 24 hours, suggesting that KYC-verified mainnet users may be reducing their holdings and adding to the ongoing sell-off.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Currently, investors within the ecosystem are shifting their attention to the upcoming Consensus 2026 event, hosted by CoinDesk from May 5\u20137. Pi Network co-founder Chengdiao Fan is scheduled to speak on May 6 on the topic of integrating Web3, AI, and blockchain for real-world utility.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The event, with Fan speaking, could trigger a \u201cbuy the hype, sell the news\u201d dynamic\u2014potentially fueling a short-term rally ahead of the event, followed by renewed selling pressure.<\/span><\/p>\n<h2>PI could experience further selling pressure<\/h2>\n<p><span style=\"font-weight: 400;\">The PI\/USD 4-hour chart is bearish and efficient as the token is trading below both the 50-day and 100-day Exponential Moving Averages (EMAs), currently positioned around $0.1800 and $0.1898, respectively.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Momentum indicators reinforce the bearish outlook. The Relative Strength Index (RSI) sits near 44, below the neutral midpoint, indicating sustained bearish momentum.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the Moving Average Convergence Divergence (MACD) shows slightly negative histogram bars, suggesting that downside pressure remains in play.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the downside, immediate support lies at $0.1556, the February 23 low. A break below this level could open the door to further declines within the current bearish structure.<\/span><\/p>\n<p><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-364103\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/04\/PIUSD_2026-04-13_13-43-33.png\" alt=\"PI\/USD 4H Chart\" width=\"1793\" height=\"836\"\/><\/p>\n<p><span style=\"font-weight: 400;\">However, if the bulls regain control, a move above the 50-day EMA at $0.1800 would be the first sign of recovery. A daily candle close above this level would allow PI to reclaim the 100-day EMA near $0.1898. <\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>Analysis,pi#Network #slides #exchange #inflows #signal #selling #pressure1776086684<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways PI is down 2.3% and is now trading below $0.1700. Investor confidence is declining as CEXs record roughly 2 million PI tokens in inflows over the past 24 hours, suggesting a near-term sell-off. Pi Network (PI) is trading below the $0.1700 mark on Monday, extending its gradual decline as the token remains stuck<\/p>\n","protected":false},"author":1,"featured_media":8353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-8352","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pi Network slides below $0.17 as exchange inflows signal selling pressure - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"PI is trading below $0.1700 level as exchange inflows in the last 24 hours signal further selling pressure.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=8352\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pi Network slides below $0.17 as exchange inflows signal selling pressure\" \/>\n<meta property=\"og:description\" content=\"PI is trading below $0.1700 level as exchange inflows in the last 24 hours signal further selling pressure.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=8352\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-13T13:24:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/a-trader.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1365\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8352\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=8352\",\"name\":\"Pi Network slides below $0.17 as exchange inflows signal selling pressure - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8352#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8352#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/a-trader.jpg\",\"datePublished\":\"2026-04-13T13:24:44+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"PI is trading below $0.1700 level as exchange inflows in the last 24 hours signal further selling pressure.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8352#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=8352\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8352#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/a-trader.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/a-trader.jpg\",\"width\":2048,\"height\":1365},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8352#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pi Network slides below $0.17 as exchange inflows signal selling pressure\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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