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Pi Network Price Prediction: PI Tests Lower Band Support

Pi Network's price prediction for October 20 remains bearish, with the token holding just above the lower Bollinger Band at $0.0747. The token is trading at $0.0786 and down 1.5% today, but remains under the 20-day midline at $0.0833. The RSI at 36.66 is weak but not yet oversold, and it printed a bullish divergence in mid-October, indicating fading selling pressure. The token is more likely to hold $0.0747 on October 20 than to reclaim $0.0833, and a daily close below the band would put the July low near $0.07 in play. Pi Network plans to bring stablecoins into its ecosystem, partnering with Open Standard, the company behind the OUSD stablecoin.

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