Following the launch of its Open Mainnet, Pi Network (PI) has garnered significant attention in the crypto community. As the dominating cryptocurrencies, Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have been battling drops, PI refuses to follow increasing prices.
Currently, PI is priced at $1.6750, a spectacular rally well above its previous low of $0.6020. As investor interest keeps growing and trading activity increases, the million-dollar question many people are asking is — how high will Pi Network rise?
Since its Mainnet launch, PI initially skyrocketed to $2.2000 before experiencing a steep 72% drop. However, it has since rebounded by 178%, breaking past the critical $1.0000 resistance level. This strong recovery suggests that investor confidence is building, supported by an engaged community and rising exchange interest.
Currently, the token is showing signs of a bullish breakout. If PI can surpass $1.7000, the next resistance levels of $2.2000 and $3.000 are a strong possibility. If the bullish momentum continues, PI can reach $5.0000 in the near future.
Currently, the PI coin breaks the symmetrical triangle pattern, and if it holds above this level, the next resistance can be seen at $2.2000 and 3.0000. We might see it scaling up to $5.0000 if the optimism continues.
One major event that could propel PI’s price is a potential Binance listing. The exchange recently launched a community poll to gauge interest, and the response has been overwhelmingly positive—86% of users are in favor of listing PI.
With over 11.1 million users participating in the poll (which ends on February 27, 2025), a successful listing could open the doors to Binance’s 200 million+ user base. If that happens, PI could experience a massive surge as new investors jump in.
A couple of key technical indicators are signaling that PI is primed for a substantial move: Relative Strength Index (RSI): The RSI is currently above 70, signaling momentum build-up and buying pressure. Moving Average Convergence Divergence (MACD): Bullish cross with an increased green histogram, indicating increased buying pressure.
If PI closes above the $1.7000 level, this will open a path for a rally towards $2.2000 - $3.0000. With technical momentum behind it and supported by a Binance listing, we could see it cross $5.0000. However, if it struggles at resistance, we could see a pullback toward $1.4000 - $1.0000 before another breakout attempt. If Pi Network gains widespread adoption as a digital currency with real-world applications, the PI coin value in 2030 could potentially surpass $500.
The Pi Network token (PI) is looking promising for attention due to strong technical indicators and growing community backing, alongside prospects of a Binance listing. In addition, if Pi manages to break through the $1.7000 level, we may start seeing PI grab attention as a price target breakout.
Also read: Why Bitcoin is Crashing Today: Will It Recover or Fall Further?Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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