Pi Coin Price Pattern Points to a 150% Surge Ahead of the 2025 Hackathon
The post Pi Coin Price Pattern Points to a 150% Surge Ahead of the 2025 Hackathon appeared on BitcoinEthereumNews.com.
The Pi coin price has remained in a bear market this week, hovering near its all-time low as sentiment wanes. This freefall may end this week as the Pi Network token formed encouraging patterns ahead of this week’s hackathon in which developers will demonstrate their creations. Pi Coin Price Ripe For a Rebound as Contrarian Patterns Forms The daily timeframe chart shows that the Pi coin price has slumped for months. This sell-off has been so severe that it did not participate in the recent crypto market bull run that sent Bitcoin to a record high. Trend indicators like moving average and the supertrend show that the Pi Network price has more downward momentum to go. The current price is lower than the 25-day moving average of $0.3950. Similarly, top oscillators like the Relative Strength Index (RSI) and Stochastic points to more downside. However, on the positive side, the Pi coin has formed a large descending wedge pattern that hints at a possible rebound. This pattern, which is shown in green, is made up of two downward-sloping and converging trendlines. A bullish breakout normally happens when these lines are nearing their meeting points. Pi Network price has also demonstrated low volatility and low volume, a sign that it is in the accumulation phase. This phase is then followed by the markup, which is made up of higher demand than supply. Therefore, the most likely Pi Network price forecast 2025 is where it stages a strong comeback in the near term. If this happens, it means that it can surge by 150% to the psychological point at $1. The bullish Pi token will become invalid if it plunges below the all-time low of $0.3225. Moving below that level will be a sign that short-sellers still remain around and are willing to…
Filed under: News - @ August 19, 2025 12:29 pm