{"id":71740,"date":"2026-04-28T09:53:20","date_gmt":"2026-04-28T09:53:20","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/pi-network-price-outlook-amid-protocol-22-upgrade-ahead-of-the-may-protocol-23-upgrade\/"},"modified":"2026-04-28T09:53:20","modified_gmt":"2026-04-28T09:53:20","slug":"pi-network-price-outlook-amid-protocol-22-upgrade-ahead-of-the-may-protocol-23-upgrade","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/pi-network-price-outlook-amid-protocol-22-upgrade-ahead-of-the-may-protocol-23-upgrade\/","title":{"rendered":"Pi Network price outlook amid Protocol 22 upgrade, ahead of the May Protocol 23 upgrade"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/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\/02\/trading-4-1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/trading-4-1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/trading-4-1-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/trading-4-1-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Protocol 22 has boosted the scalability of Pi Network ahead of smart contracts in May.<\/li>\n<li>Pi must break $0.190 to target $0.2045 and $0.220.<\/li>\n<li>Key support at $0.1832 remains crucial for bullish momentum.<\/li>\n<\/ul>\n<p>Pi Network (PI) token traded near $0.1893 on April 28 after gaining roughly 5.8% in 24 hours and more than 10% over the past week, reflecting stronger market interest as the network moves through a critical development phase.<\/p>\n<p>The recent recovery is notable considering the asset\u2019s all-time low of $0.1312 in February 2026, while still sitting far below its February 2025 peak of $2.99.<\/p>\n<h2>Protocol 22 mainnet upgrade<\/h2>\n<p>Notably, the price surge comes as Pi Network completed its <a href=\"https:\/\/x.com\/PiNetworkAL\/status\/2048667495104708733?s=20\">Protocol 22 mainnet upgrade<\/a> on April 27, a major infrastructure update designed to improve scalability, transaction throughput, and overall network readiness for decentralised applications.<\/p>\n<p>Protocol 22 is widely seen as a foundational step before the expected Protocol 23 rollout in May, which is projected to introduce smart contracts and expand Pi Network\u2019s ecosystem with broader decentralised finance (DeFi) and cross-chain functionality.<\/p>\n<p>More than 10 billion PI tokens have already migrated to Mainnet, with approximately 6 billion remaining locked.<\/p>\n<p>This large locked supply continues to limit immediate sell pressure while also supporting market attention around future utility expansion.<\/p>\n<p>For many traders, the upcoming Protocol 23 release is even more important since smart contract functionality could significantly expand PI\u2019s practical use cases beyond peer-to-peer transfers by allowing developers to build decentralised applications directly on the network.<\/p>\n<h2>Technical indicators show improving momentum<\/h2>\n<p>Current technical analysis suggests Pi is attempting to form a double-bottom breakout pattern, with the neckline sitting near $0.190.<\/p>\n<p>A confirmed move above this level could push the price toward $0.2045, while a stronger continuation may open the path toward $0.220.<\/p>\n<p>According to <a href=\"https:\/\/www.coinlore.com\/coin\/pi\/forecast\/price-prediction\">aggregated market indicators<\/a>, a majority of technical indicators signal that the short-term momentum is leaning positive.<\/p>\n<p>Moving averages are especially supportive, with PI currently above its 10-day, 20-day, 50-day, and 100-day exponential moving averages, reinforcing short-term strength.<\/p>\n<p>However, the token still trades below its 200-day EMA, which suggests broader macro resistance remains in place.<\/p>\n<p>The 14-day Relative Strength Index stands at 63.96, placing PI coin in neutral territory without signalling immediate overbought conditions.<\/p>\n<p>On the weekly timeframe, RSI is closer to 36.01, which indicates that PI may still be recovering from previously oversold conditions.<\/p>\n<p><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-364423\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/04\/PIUSD-price-chart.png\" alt=\"Pi Network price analysis\" width=\"1504\" height=\"904\"\/><\/p>\n<h2>Pi Network price forecast<\/h2>\n<p>Looking at the price targets that traders should consider moving forward, the immediate support sits at $0.1832.<\/p>\n<p>A drop below this level may weaken short-term bullish momentum and expose Pi Network (PI) to downside pressure toward $0.1670, with deeper losses potentially reaching $0.1322.<\/p>\n<p>On the upside, the first major resistance is $0.1884. A breakout above this level would strengthen breakout potential and could send PI coin toward $0.1926.<\/p>\n<p>If bulls successfully clear the broader $0.190 neckline, the next major target becomes $0.2045. A sustained breakout above that level may extend gains toward $0.220.<\/p>\n<p>Looking further ahead, broader 2026 projections place PI\u2019s possible trading range between $0.1121 and $0.5246, depending largely on successful ecosystem expansion, smart contract adoption, and broader crypto market conditions.<\/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><a href=\"https:\/\/coinjournal.net\/news\/pi-network-price-outlook-amid-protocol-22-upgrade-ahead-of-the-may-protocol-23-upgrade\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Protocol 22 has boosted the scalability of Pi Network ahead of smart contracts in May. Pi must break $0.190 to target $0.2045 and $0.220. Key support at $0.1832 remains crucial for bullish momentum. Pi Network (PI) token traded near $0.1893 on [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":71741,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71740"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=71740"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/71741"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=71740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=71740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=71740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}