The post PI Crypto Rides Bullish Momentum for a 38% Weekly Gain appeared on BitcoinEthereumNews.com.

Key Insights: PI crypto surged to $0.29 after an impressive parabolic move, riding on the Kraken listing and mainnet upgrade. Deeply overbought conditions highlight profit-taking risk. The Pi coin listing on Kraken marks a critical step in the project’s journey. Pi Crypto, the native cryptocurrency of the Pi network, became the biggest gainer among the top 50 coins by market cap. Experts expected it to be a “buy-the-rumor, sell-the-news “ event. Pi coin surged as high as $0.29 earlier in the day and had a $0.20 press time price. Its weekly change revealed that it was up by over 38% in the last 7 days. This latest rally propelled this altcoin to levels last seen in November last year. In fact, its uptick this week resulted in a key 6-month resistance retest. A push above the same resistance may result in more upside, as it would signify the cryptocurrency’s exit from its bottom range. Pi crypto price action | Source: TradingView Now the big question is whether Pi can maintain the current momentum. It was already oversold on the 1-day chart. So, there was a higher likelihood of short-term profit-taking, especially considering that the price has also retested a key resistance level. Here’s Why Pi Crypto is Rallying This Week Pi coin’s newfound momentum was not random. Its main catalyst was the recently announced Kraken listing scheduled for March 13th. Anticipation around Pi Coin’s launch on Kraken manifested the excitement that the cryptocurrency has achieved over the last few days. Pi Crypto listing on Kraken | Source: Kraken on X The listing announcement generated excitement because Kraken is one of the top crypto exchanges in the world. Moreover, it has been around since 2011, and its HQ is based in the US (Wyoming). Kraken is currently in the top 20…

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Filed under: News - @ March 14, 2026 10:35 pm