Pi Network’s price has jumped 10% in the last 24 hours, breaking above an important resistance level and trading at $0.40 at the time of writing.
Pi Network’s price has jumped 10% in the last 24 hours, breaking above an important resistance level and trading at $0.40 at the time of writing.
This move could mean the start of a trend reversal, with the possibility of a 40% rally that might push the price toward $0.53.
When Pi Coin first appeared on exchanges, it climbed to an all-time high of $2.98. But heavy selling and a broad market downturn pushed the price down by 86%, leaving investors worried. Looking at the current chart, experts see a bullish “falling wedge” pattern taking shape.
Source:
This pattern can lead to a strong breakout, though it’s also possible the price could dip again before moving higher. The main support zone sits between $0.25 and $0.30. If the breakout comes, the first stop could be around the $0.60–$0.70 range, with a chance of reaching $1.20–$1.30 in the mid-term.
Against this backdrop, weighed in on the project’s future. When asked what he would do if Pi dropped to $0.10, Dr. Altcoin replied simply: “I will buy more Pi!” He explained that his confidence in the project is rooted in a much bigger picture: the convergence of artificial intelligence and Web3. He gave several reasons for his bullish stance:
Looking ahead, the Pi Core Team is working to address the coin’s high supply, which has been a hurdle for price growth. For now, the combination of technical signals, rising market activity, and steady ecosystem upgrades hint that the price may continue to rise.
Catching the winners.
