Pi Network’s native token has seen fluctuating fortunes since its launch in early 2025, currently trading slightly above $0.20 following a notable 13% decline this month. With the festive season approaching, questions loom over whether the token will rally or face additional drops, given its significant loss of value from an all-time high of nearly $3.00 earlier this year.

Price Watch

The overall market conditions have been challenging, not providing a respite during this holiday season. While the Pi Network token once soared during turbulent market times, it now struggles around the crucial $0.20 support level, having dropped from approximately $0.30.

AI tool ChatGPT has highlighted the importance of the $0.20 support, suggesting that failure to maintain it could push the token back toward its all-time lows near $0.172. Despite a short-term bearish trend, there are hints of a potential recovery as the token approaches oversold conditions, inviting the possibility of price bounces.

Christmas Rally Potential

Concerns about the ability of Pi Network to generate a late Christmas rally have not been ignored. Both Grok and Perplexity AI tools are skeptical, indicating that unless there is a significant update from Pi Network, such as the launch of the Pi App Studio, a price surge beyond $0.22-$0.24 is unlikely. They assessed that the likelihood of reaching $0.26 is low, suggesting a more probable outcome of range-bound trading between $0.19 and $0.22.

While AI predictions suggest limited potential for substantial crashes as long as the $0.20 support holds, caution remains necessary as market sentiment continues to be uncertain.