Pi Network Price Prediction: Pi Coin Price Surges Over 14% in 24 Hours—How Close Is It to the $1 Milestone?
The post Pi Network Price Prediction: Pi Coin Price Surges Over 14% in 24 Hours—How Close Is It to the $1 Milestone? appeared on BitcoinEthereumNews.com.
The Pi Network price is making headlines after a sharp rally of over 14% in the past 24 hours, fueling investor speculation about a potential breakout toward the coveted $1 mark. As of May 9, Pi Coin surged to an intraday high of $0.78 before facing resistance, while technical indicators suggest more volatility ahead. This price move marks a continued uptrend for the Pi cryptocurrency, which has gained more than 23% in the past week. The rally is fueled by bullish technical patterns, rising market interest, and significant whale accumulation, signaling mounting investor confidence in the Pi Network market. Technical Indicators Point to Bullish Setup Pi Coin price broke through key micro-resistance at $0.65 during early trading hours on May 8. A golden cross on the MACD and persistent overbought signals on the RSI fueled a breakout, pushing the Pi Network Coin value to $0.78—a level now acting as stiff resistance. The XRP price has broken the dynamic resistance of the 200-MA on the 4-hour timeframe chart. Source: Ssmog369 on TradingView After peaking, the price entered a consolidation phase, ranging between support at $0.70 and resistance at $0.78. Analysts believe a breakout above this range could trigger a sharp upward move. “If bullish momentum sustains, Pi could cross $0.80 and test $0.95 or even $1.00 in the coming days,” said one technical analyst. Similar to Pepe Coin’s recent 70% surge, Pi is also forming a symmetrical triangle pattern on the daily chart—a formation known for explosive breakouts. The triangle’s measured move places the Pi Coin market target around $0.95, giving bulls an optimistic roadmap. Whales and Institutions Load Up on Pi Tokens Behind the scenes, Pi crypto value is being driven by heavy accumulation. According to on-chain data, 20 million Pi tokens—worth approximately $14 million—were purchased from OKX and moved…
Filed under: News - @ May 9, 2025 10:25 pm