Pi Coin Price Prediction: Why PI Coin Is Going Up Today?

Will Pi Coin Skyrocket to $100 After Binance Listing Announcement?

Introduction

Pi Coin (PI) has been making waves among investors after a strong 30% surge. Following weeks of steady movement, it has finally broken free from its previous range of $0.60 to $0.80, sparking fresh excitement in the market. With increased trading volume and bullish technical signals, many wonder: Is PI on track to hit $100 soon?

Recent Price Action

PI started trading at $2 on February 20, 2025, and reached a high of $2.20 before a pump-and-dump scenario pulled it down to $0.60. This level has since become a solid support zone. Recently, PI broke out of its consolidation zone, surging by 30% with a trading volume of $52.6 million. This breakout has sparked renewed optimism among traders.

Technical Analysis

On the 15-minute chart, PI is forming a rounding bottom pattern—a classic bullish signal. If this pattern is completed, PI could set a new high. The RSI (Relative Strength Index) is above 50, indicating strong buying interest. Additionally, the MACD histogram shows green bars, supporting bullish momentum.

A close above $0.80 could trigger a swift move toward $1. Once PI breaks the $1 barrier, reaching $2 becomes a realistic target. Key catalysts like potential Binance listing news or ecosystem developments could fuel this rally.

Circulating Supply Misconceptions

One reason behind PI’s undervaluation is confusion over its circulating supply. Market data lists 6.35 billion PI as circulating, reflecting migrated tokens. However, only 554 million PI are truly unlocked and tradable. This significant difference means PI's price could be much higher. When the market recognizes this, PI might see a price surge, potentially increasing tenfold.

Community Sentiment and Binance Voting

The Pi community remains highly engaged, as seen in Binance’s ongoing voting event. Since February 17, 2025, over 10.9 million users have viewed the poll, with 19,000 comments advocating for a PI listing. The voting concludes on February 27, 2025. A Binance listing could act as a catalyst, propelling PI to new highs.

Potential Trading Strategy Given the current momentum, buying PI before the Binance voting ends could yield significant returns. With strong technical indicators and community support, PI might rally further. Watch for a confirmed close above $0.80 and increased volume for validation.

Conclusion

Pi Coin’s recent breakout signals a potential rally. With bullish technical patterns, strong community backing, and a possible Binance listing, PI could hit $500 soon.