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Pi Network held above $0.097 on Monday after two weekly gains, supported by new SoloHost and Pi Desktop updates, though broader technical indicators remain…
Key takeaways
Pi Network (PI) carried its recovery forward on Monday, holding above $0.097 after two successive weekly gains.
Fresh ecosystem upgrades and enhanced developer tools are adding to the network’s utility. Still, PI remains under major long-term exponential moving averages, so the broader technical picture stays bearish even as momentum improves.
The Pi Core Team has issued SoloHost updates and version 0.6.3 of Pi Desktop.
SoloHost updates have been released alongside Pi Desktop version 0.6.3! This improves app discovery, reliability, and developer tools.
Pioneers can more easily discover actively used SoloHost apps. Reliability improvements and developer resources, such as AI agents… pic.twitter.com/67SXkf4CMp
— Pi Network (@PiCoreTeam) September 10, 2026
The project says these updates enhance app discovery, platform reliability, and the tools available to developers building on the Pi Network.
Ongoing development could foster more application activity and broaden PI’s utility. These improvements have coincided with the token’s recent rebound, which saw PI rise 1.68% last week before extending gains on Monday.
Yet ecosystem developments must convert into sustained user engagement and demand for the token to back a stronger long-term recovery.
Pi Network was around $0.097 on Monday, staying just above its 50-day exponential moving average of $0.094.
Remaining above that level gives PI’s short-term outlook a mildly bullish tilt. The Relative Strength Index sits near 60, showing buying momentum improving without hitting overbought conditions.
The Moving Average Convergence Divergence indicator is also slightly positive, leaving room for further near-term gains.
Still, the recovery remains tentative since PI continues to trade beneath its 100-day and 200-day EMAs. Those indicators stand near $0.105 and $0.138 respectively, keeping the broader bearish structure intact.
PI’s first major resistance sits at the 100-day EMA around $0.105. A sustained move above that level could reinforce the recovery and open the path toward horizontal resistance at $0.118.
Further up, the 200-day EMA near $0.138 offers a more significant hurdle. Reclaiming that indicator would be required to improve PI’s medium- to long-term technical outlook.
If PI fails to clear $0.105, it could consolidate near current levels or face renewed selling pressure.
Immediate support rests at the 50-day EMA around $0.094. Holding that level would keep PI’s improving short-term structure in place and give buyers another shot at overhead resistance.
A decisive drop below $0.094 could undercut the recovery and pull the horizontal support at $0.075 into focus.
Should selling pressure pick up, PI might revisit the former trendline-break zone near $0.045, which represents a deeper structural support level.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
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