Can Pi Network Price Ever Rise Above $1 Again?
The post Can Pi Network Price Ever Rise Above $1 Again? appeared first on Coinpedia Fintech News
Pi Network is seeing a slight recovery today, with its price up over 5% and currently trading at $0.3662. While this may be a relief for holders, the token is still down more than 21% over the past 30 days.
The bigger picture shows how steep the fall has been. On February 26, 2025, just five months ago, Pi hit its all-time high of $2.98. Since then, it has plunged by nearly 88%. On August 6, 2025, the coin hit a record low, but has since bounced slightly. The main question now is whether Pi can ever climb back above the $1 mark.
Technical View: A Bullish Pattern, But Patience Needed
From a technical perspective, chart analysts have identified a falling wedge pattern, which is typically a bullish signal. However, they warn that the price could still slip further toward the $0.25 to $0.30 support zone before a breakout occurs.
If the breakout is successful, the next price zones to watch would be around $0.60 to $0.70, followed by $1.20 to $1.30. These targets are being closely monitored by experts for both short-term and mid-term opportunities.
Additionally, analyst Dr Altcoin wrote, “The lower the Pi price, the more excited and optimistic the Pi community should be, it is a prime opportunity to invest. This all time low will not last forever, a major surprise could be just around the corner.”
Factors That Could Support a Recovery
There are also fundamental developments that could support a recovery. The Pi Wallet has introduced a direct “Buy Pi” option, allowing users to purchase the token with credit cards, Apple Pay, or Google Pay, making it easier for everyday users to join the network.
Whale activity is another sign of market confidence, with one mysterious wallet now holding over 331 million Pi tokens valued at roughly $148 million. In just three days, a large investor also acquired 5.3 million Pi tokens worth about $2.4 million, a move that often means accumulation by experienced market players.
While a return to $1 may not happen overnight, the combination of bullish technical patterns, strong whale accumulation, easier purchase options, and new AI-driven use cases suggest that Pi still has a fighting chance to recover.
Filed under: Bitcoin - @ August 8, 2025 6:23 am