The Pi Coin price today is trading near $1.36 after an explosive 20% rally that has pushed the token past critical resistance levels. Backed by a strong breakout above $1.00 and confirmation from multiple indicators, this move marks one of the most significant Pi Coin price spikes in recent weeks.
What’s Happening with Pi Coin’s Price?
Pi Network price dynamics (Source: TradingView)
Looking at the daily chart with Fibonacci retracement drawn from the March swing high to the April low, Pi Coin price has decisively broken above the 2.618 extension at $1.16 and is now testing the 3.618 Fib level near $1.39. This suggests bullish exhaustion may approach, but not before testing upper extensions around $1.50 if volume sustains. The asset has surged over 125% since May 9, riding a breakout from long-term compression zones between $0.60 and $0.70.
The recent surge was triggered by a breakout from a multi-week descending triangle, with the price leaping from the $0.70 resistance-turned-support zone. This vertical price action is also supported by an uptick in buying pressure across intraday momentum charts.
RSI, MACD and Stoch RSI Hint at Overextension: Correction or Continuation?
Pi Network price dynamics (Source: TradingView)
Momentum indicators are flashing overheated signals. On the 30-minute chart, RSI is above 77, clearly in overbought territory. MACD also shows widening divergence, with the MACD line above the signal line and histogram bars staying green — signs of short-term strength. However, such levels typically precede consolidation or a minor retracement.
Pi Network price dynamics (Source: TradingView)
Stochastic RSI on the 15-minute chart shows both lines above 90, signaling that Pi Coin price action could face exhaustion soon. Ichimoku Cloud on lower timeframes continues to show bullish alignment — with price comfortably above the cloud and Tenkan-Sen (conversion line) far above the Kijun-Sen — reinforcing upward trend structure in the near term.
Despite bullish bias, traders must be cautious of the Pi Coin price volatility that accompanies vertical rallies. Minor corrections toward $1.22 or even $1.10 are not off the table if short-term buyers exit after this steep run.
Why Pi Coin Price Going Up today?
Pi Network price dynamics (Source: TradingView)
Zooming into the 4-hour chart, the price is now parabolic. After reclaiming the 200 EMA around $0.72 on May 10, the rally picked up pace. The 20/50/100/200 EMA lines are all in bullish alignment, and the current candle body is well above the upper Bollinger Band at $1.29 — a classic sign of near-term overextension.
Support lies at $1.16 (previous Fib extension), followed by $1.00 psychological level. Below that, $0.88–$0.90 acts as an important re-entry zone, confirmed by both EMA clusters and historic resistance turned support. Meanwhile, upside resistance remains at $1.39 (3.618 Fib) and then $1.53.
The main reason why Pi Coin price going up today is the sustained breakout from both trendline and compression zones coupled with confirmation on multiple timeframe EMAs and Bollinger Band expansion. As long as the price holds above $1.16 on pullbacks, bulls remain in control.
Outlook for May 13: Breakout Extension or Cooling Period?
Pi Network price dynamics (Source: TradingView)
As we head into May 13, traders can expect heightened Pi Coin price volatility given how rapidly the asset has moved in recent days. If the price breaks above $1.39 on strong volume, the next upside target could lie near $1.53–$1.58. However, failure to break and hold this level may result in a brief correction toward $1.16 or even $1.00 to reset momentum.
The trend remains bullish above the $0.88–$1.00 support band. For swing traders, pullbacks into that region could offer favorable risk-reward entries. Day traders, however, should closely monitor RSI and Stoch RSI for signs of cooling, as intraday exhaustion is clearly building.
Pi Coin Forecast Table – Key Levels to Watch
| Metric | Level |
| Immediate Resistance | $1.39 |
| Next Resistance (Fib 4.236) | $1.53–$1.58 |
| Current Spot Price | $1.36 |
| First Support | $1.16 |
| Key Support Zone | $1.00 – $0.88 |
| 4H RSI (Overbought >70) | 77.09 |
| MACD Histogram Bias | Bullish |
| Bollinger Band Upper Limit | $1.29 |
| 200 EMA (4H) | $0.72 |
| Bias | Bullish (Short-Term) |
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
