Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Is Pi Network About to Explode Toward $10? Analysts Say Momentum Is Gaining Fast

Is Pi Network About to Explode Toward $10? Analysts Say Momentum Is Gaining Fast

CryptoNewsCryptoNews2025/04/19 08:55
By:Alejandro Arrieche

Pi (PI) has established solid support at $0.60, and analysts believe it could soon reclaim lost ground with a sharp move higher.

Last updated: April 18, 2025 12:48 EDT
 
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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

🪅 $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 undeniable

— Xia 🦄 (@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 .

Pi Network has formally asked Binance to complete Know Your Business (KYB) verification in place of standard Know Your Customer (KYC) checks.

Still, according to Dr. Altcoin, growing demand could eventually force major exchanges to comply in order to capture PI’s rising trading volumes.

Pi Network Needs to Clear $0.72 for a 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.

Is Pi Network About to Explode Toward $10? Analysts Say Momentum Is Gaining Fast image 1

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 $0.72, offering more than 10% 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.

7

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!