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PI holds below $0.0800 as stablecoin plans emerge, but downside risks persist

CryptoExpert by CryptoExpert
October 17, 2026
in Market Analysis
0
PI holds below $0.0800 as stablecoin plans emerge, but downside risks persist
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Key takeaways

Pi Network traded below $0.080 Wednesday after a 2% rebound the previous day.
The Pi Core Team is exploring stablecoin integration intended to complement PI’s existing utility.
PI remains below its 50-day and 200-day EMAs, with weak momentum keeping the near-term outlook bearish.

Pi Network (PI) has dropped below $0.0800 on Wednesday after a modest rebound helped it avoid extending losses below last week’s low.

The token traded around $0.07956, losing the previous session’s 2% gain. Meanwhile, the Pi Core Team reiterated its exploration of stablecoin integration as a way to broaden activity across the ecosystem.

okex

Despite the recovery, PI remains below key moving averages, leaving the price vulnerable if support at $0.0774 fails.

Pi Core team explores stablecoin integration

The Pi Core Team is considering how stablecoins could support additional ecosystem uses while preserving PI’s role as the network’s native cryptocurrency.

Stablecoins can play an important role in expanding certain utility across the Pi ecosystem, particularly in use cases where predictable price stability is important.

The introduction of stablecoins requires a deliberate, unique approach, and must be aligned with Pi Network’s ecosystem and principles.– Simply adding a stablecoin does not guarantee that it will naturally complement Pi.– How the two function alongside each other depends on how stablecoins are integrated into the Pi ecosystem.

This makes the design and initial introduction especially important. Stablecoin functionality should be directed toward circumstances where price stability is needed while preserving the utility of the Pi cryptocurrency across the broader ecosystem.

Learn more https://t.co/MuubtRW4uh

— Pi Network (@PiCoreTeam) October 13, 2026

Its partnership with Open Standard, the issuer of OUSD, focuses on potential stablecoin integration and rewards programs for Pi users, known as Pioneers.

According to the announcement, Open Standard is backed by companies including Visa and Stripe. Planned OUSD rewards initiatives aim to encourage broader ecosystem participation.

The integration remains an area of exploration, with the team emphasizing that stablecoin functionality should complement PI’s utility.

PI rebounds but remains below key moving averages

PI’s rebound has provided some relief after recent selling pressure, but the broader technical picture remains weak.

The token trades below the 50-day exponential moving average at $0.0882 and the 200-day EMA at $0.1256. Both remain overhead barriers to a sustained recovery.

In the near term, PI is trading between support at $0.0774 and resistance around $0.0827. The latter corresponds to the 23.6% Fibonacci retracement identified in the analysis.

Until buyers overcome that upper boundary, the latest gain remains a rebound within a bearish structure.

The Relative Strength Index is near 37, below its neutral midpoint and consistent with continued selling pressure.

The Moving Average Convergence Divergence indicator remains slightly negative and below its signal line, reinforcing the cautious outlook.

These readings suggest the rebound has yet to produce a convincing shift in momentum. Holding above $0.0800 offers short-term stability, but buyers still need to clear nearby resistance.

PI/USD Daily Chart

On the downside, a sustained break below $0.0774 could expose the $0.0704 swing low.

On the upside, PI first needs to reclaim $0.0827 before challenging the 50-day EMA at $0.0882. Moving above both levels would strengthen the case for a more durable recovery.

A sustained advance beyond $0.0882 could then bring the 50% Fibonacci retracement near $0.0990 into focus.

For now, the ability to defend $0.0774 and overcome $0.0827 will help determine whether the rebound develops into a recovery or gives way to renewed losses.

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