Despite having one of the biggest communities in crypto, Pi Coin price action hasn’t looked good for a 0 analyst price prediction for PI coin have leaned bearish, and the chart hasn’t given much reason to think otherwise. Still, the Pi Core Team is pushing ahead with network 1 latest Pi Node Docker now includes Stellar Core v23 and Horizon v23, confirming Pi Network has started rolling out its V23 2 boosts both performance and compliance. Pi’s official account also noted that “Testnet1 blockchain has been upgraded from protocol version 19 to version 22,” calling it the first step toward unlocking new layers of functionality and 3 update on protocol upgrades: the Testnet1 blockchain has been upgraded from protocol version 19 to version 22, marking the first step towards enabling new layers of functionality and control on the 4 is underway to upgrade Testnet1 to version 23, followed… 5 — Pi Network (@PiCoreTeam) September 16, 2025 This news sparked only a small bounce, with PI coin up about 3% in the past 24 hours and 4% on the week.
Encouraging, maybe, but the chart tells a different story. A clear bearish Head-and-Shoulders pattern is forming, and with the network expected to temporarily go offline during the upgrade, price pressure could easily increase, something history has shown again and again in 6 Coin Price Prediction: Bearish Chart Signals Trouble Ahead
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