Is Pi Network About to Explode Toward $10? Analysts Say Momentum Is Gaining Fast
Pi Network (PI) is up over 3% in the past 24 hours, showing a strong bounce from key support in recent days.
Some traders now believe this recovery could mark the start of the next leg higher, as selling pressure begins to ease.
Popular crypto trader Xia, followed by over 135K on X, noted that PI recently broke above the $0.63 resistance with strong volume – a sign that bullish momentum may be building.
Momentum’s building fast
— Xia$PI smashes through $0.63 with strong volume, touching a high of $0.6441 before settling into consolidation
RSI climbing, MACD turning bullish
Over 58K sellers and 1.8M users on Map of Pi during #PiFest adoption is undeniableStill fading… https://t.co/7HqB02RgSp pic.twitter.com/GyyNAJRzIQ
(@xiaweb3) April 16, 2025
Meanwhile, the pseudonymous user also highlighted that users’ interest in Pi is strong with 1.8 million active participants during the most recent PiFest, which indicates strong community support.
Similarly, crypto analyst Dr. Altcoin believes that Pi could recapture some of the territory it has lost during the recent selling spree as more exchanges list the token.
Top crypto exchanges like Binance have declined to onboard PI as the network requires them to go through a Know Your Business (KYB) screening process that is uncommon in the crypto space.
However, Dr. Altcoin claims that, as the demand for the token rises, these exchanges will have no other option but to go through these proceedings to capture PI’s rising trading volumes.
Pi Network Needs to Clear $0.6375 for Bullish Breakout
Pi Network is consolidating within a clear symmetrical triangle, holding firm above the $0.60 support zone.
Price action shows higher lows forming steadily, suggesting bullish pressure is building beneath the surface.
The RSI is climbing and now sits at 54.5, reflecting growing strength without entering overbought territory.
MACD momentum has also shifted slightly positive, with histogram bars turning green – signaling a possible bullish crossover ahead.
A breakout above $0.6375 could trigger a quick move toward $0.675, offering nearly 9.4% upside in the near term.
The bullish setup has some analysts speculating that PI could be gearing up for a much larger move – with long-term targets as high as $10.
While PI continues to find its footing, a new AI agent token called MIND of Pepe (MIND) has quietly gained traction, drawing millions into its presale.
MIND of Pepe (MIND) is designed to interact with high-profile social media accounts on platforms like X and discuss relevant topics associated with meme coins to capture insightful information about the market.
These insights are passed to $MIND investors exclusively to help them identify trading and investing opportunities at an early stage.
In addition, once MIND of Pepe has gained enough influence, it can launch its own meme coins to capture top social trends.
$MIND holders will also get privileged access to the presale events of these assets to reap the highest returns once they are offered to the general public.
To buy $MIND, simply head to the MIND of Pepe website and connect your wallet (e.g. Best Wallet).
You can either convert USDT or ETH for this token or use a bank card to make your investment.
The post Is Pi Network About to Explode Toward $10? Analysts Say Momentum Is Gaining Fast appeared first on Cryptonews.
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Is Pi Network About to Explode Toward $10? Analysts Say Momentum Is Gaining Fast
Pi Network (PI) is up over 3% in the past 24 hours, showing a strong bounce from key support in recent days.
Some traders now believe this recovery could mark the start of the next leg higher, as selling pressure begins to ease.
Popular crypto trader Xia, followed by over 135K on X, noted that PI recently broke above the $0.63 resistance with strong volume – a sign that bullish momentum may be building.
Momentum’s building fast
— Xia
RSI climbing, MACD turning bullish
Over 58K sellers and 1.8M users on Map of Pi during #PiFest adoption is undeniable
Meanwhile, the pseudonymous user also highlighted that users’ interest in Pi is strong with 1.8 million active participants during the most recent PiFest, which indicates strong community support.
Similarly, crypto analyst Dr. Altcoin believes that Pi could recapture some of the territory it has lost during the recent selling spree as more exchanges list the token.
Top crypto exchanges like Binance have declined to onboard PI as the network requires them to go through a Know Your Business (KYB) screening process that is uncommon in the crypto space.
However, Dr. Altcoin claims that, as the demand for the token rises, these exchanges will have no other option but to go through these proceedings to capture PI’s rising trading volumes.
Pi Network Needs to Clear $0.6375 for Bullish Breakout
Pi Network is consolidating within a clear symmetrical triangle, holding firm above the $0.60 support zone.
Price action shows higher lows forming steadily, suggesting bullish pressure is building beneath the surface.
The RSI is climbing and now sits at 54.5, reflecting growing strength without entering overbought territory.
MACD momentum has also shifted slightly positive, with histogram bars turning green – signaling a possible bullish crossover ahead.
A breakout above $0.6375 could trigger a quick move toward $0.675, offering nearly 9.4% upside in the near term.
The bullish setup has some analysts speculating that PI could be gearing up for a much larger move – with long-term targets as high as $10.
While PI continues to find its footing, a new AI agent token called MIND of Pepe (MIND) has quietly gained traction, drawing millions into its presale.
MIND of Pepe (MIND) is designed to interact with high-profile social media accounts on platforms like X and discuss relevant topics associated with meme coins to capture insightful information about the market.
These insights are passed to $MIND investors exclusively to help them identify trading and investing opportunities at an early stage.
In addition, once MIND of Pepe has gained enough influence, it can launch its own meme coins to capture top social trends.
$MIND holders will also get privileged access to the presale events of these assets to reap the highest returns once they are offered to the general public.
To buy $MIND, simply head to the MIND of Pepe website and connect your wallet (e.g. Best Wallet).
You can either convert USDT or ETH for this token or use a bank card to make your investment.
The post Is Pi Network About to Explode Toward $10? Analysts Say Momentum Is Gaining Fast appeared first on Cryptonews.
Read More