Analyst Says Pi Network To Reclaim $1.2 If Pi Coin Holds This Support
The post Analyst Says Pi Network To Reclaim $1.2 If Pi Coin Holds This Support appeared on BitcoinEthereumNews.com.
Key Insights: Pi Coin and its price remain one of the biggest launches with high growth prospects. With Pi Coin value currently pegged at $0.93, investors and analysts anticipate a bigger rally. New listings can help redirect sentiments for the coin. The Pi Network price is on track to reclaim the $1.2 level, with key performance metrics in green. Market analyst MOON JEFF on social media platform X says PI could hit this level if it holds $0.8 as support. Other factors that support the future PI rally include collaboration with startups and the potential launch of a token on top crypto exchanges like Binance. Pi Network Price Rally Teased by Major Metrics According to market data, the price of PI was $0.93 at press time, up 4.8% in the past 24 hours. While the daily price growth rate is a positive metric, the weekly surge tells a more ambitious story. In the past week, PI rose by an outstanding 25%. MOON JEFF claims PI might see a pump towards $1.2 or even higher before another retrenchment. Source: MOON JEFF on X PI Coin is making a decisive move to end May on a positive note. While Bitcoin remains the primary driver of the crypto market, many altcoins, including PI, now have a decisive growth pattern to breach previous lows. On May 11, the price of PI Coin climbed over 61% to $1.27, while the trading volume rose 558% to $1.38 billion. This volume shows the sustained adoption or embrace by market participants. Analysts noted that this momentum, if sustained, can fuel a more ambitious uptick for the coin in the coming days. The May 11 rally pushed PI to second place on the list of most trending cryptocurrencies, behind Bitcoin (BTC). On the weekly price chart, PI rose 114%…
Filed under: News - @ May 16, 2025 7:28 pm