PI Network Price Eyes $0.19 Zone Amid Plans to Deploy KYC Validator Rewards

Highlights:

• Pi Network is trading at $0.14, down 0.73% today.
• Pi Network has confirmed that it will distribute KYC validator rewards by the end of Q1.
• The technical picture shows a potential rebound as the PI network price eyes the $0.19 zone if support holds firm.

At the time of writing, on Friday, Pi Network (PI) is trading at $0.14, having reached an all-time low of $0.13 earlier in the day. The price of PI token continues to drop into the wider market of cryptocurrencies, amid its recent news that they plan to issue rewards to Know-Your-Customer (KYC) validators. Meanwhile, the crypto market is showing signs of life, as Bitcoin reclaims the $68,000 mark, and XRP hits $1.47.

Advertisement

Pi Network has stated that it would roll out Pi-based rewards to KYC validators to run millions of applications by the end of March. On Friday, the test of the design is being conducted after the completion and implementation of the mainnet. The validator incentives may increase the network usage and the retail spirit. This may cause a surge in the Pi Network price.

KYC validator rewards distribution continues to make progress in line with the previously announced timeline! Its design was finalized, implementation was completed, and currently the work is being tested. Testing is incredibly important, as it affects the distribution of Pi… pic.twitter.com/eoBA7Vn9Eb

— Pi Network (@PiCoreTeam) February 5, 2026

PI Network Price Eyes $0.19 Zone

Pi Network price is trading at $0.14, slightly above the $0.13 low earlier today, after a prolonged bearish move. On the daily timeframe, PI remains inside a descending bearish channel that has guided price action.

However, recent candlestick formation signals a potential bullish reversal attempt from the lower boundary of the falling channel. The bearish channel clearly defines this trend, as the price respects both the upper resistance line and the lower support line multiple times. This reinforces PI price’s technical validity. However, a bullish reversal outlook is imminent if the bulls regain strength at current price levels.

Currently, PI is bouncing from the lower channel support. Moreover, the current recovery in the crypto market may also strengthen the price movement in the network. Today, the PI Network price is holding just above the $0.13 level, which has acted as a last defense for bulls in corrective phases. A sustained hold above this zone increases the probability of a reversal rather than a downside continuation.

On the other hand, the Relative Strength Index(RSI) has moved above the RSI-based MA, currently at 28.47. This indicates bearish momentum is weakening, and the PI bulls may spark a rally leading to a reversal. Additionally, the RSI has started to flatten and curl slightly upward, often an early signal that selling appetite is fading.

Looking at the technical picture, a bullish confirmation would require PI to break and close above the upper boundary of the bearish channel at $0.19, which aligns with the 50-day SMA. A break above this zone would see PI reclaim the $0.22-$0.27 resistance zone. On the flip side, failure to hold above the current price levels would invalidate the bullish reversal setup. This will expose Pi Network to deeper losses toward $0.13 and potentially $0.1297 lows.

Advertisement