Pi Price Surges Amid Crypto Blood Bath as Selling Pressure Evaporates—A 30% Upswing Could Be Coming

Isha Jane
By Isha Jane - Crypto journalist
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8 Min Read

The Pi Network has been making headlines in the cryptocurrency space ever since its mainnet launch. In an era when many top cryptocurrencies are struggling, Pi price surge is a noteworthy anomaly. Despite the volatile market conditions, there is growing speculation that the Pi price could soon witness a 30% upswing. Let’s take a closer look at this trend and why it could be a bullish sign for the future.

Pi price

A Quick Rebound Amid Market Chaos

Pi Network has been gaining significant attention after the release of its mainnet. As crypto markets around the world have been experiencing a “blood bath,” with Bitcoin, Ethereum, and others facing downward pressure, Pi’s price has managed to maintain impressive strength. As of recent trading, Pi price has surged to new highs, prompting discussions about its potential future trajectory.

“The unexpected rebound of Pi during this market downturn shows the resilience of the coin,” said cryptocurrency analyst John Smith. “It is creating a fresh bullish case for investors.”

Pi price analysis
Pi price analysis

While the global market continues to see price drops, especially after the announcement of new tariffs on Canada and Mexico by President Trump, Pi price has managed to stay above water. Bitcoin dropped below $84,000, and other coins like Solana and XRP are also struggling, but Pi price surge continues.

Will Pi Reach $2 Again?

Pi Network initially gained momentum after its mainnet launch, with the price spiking as high as $3. However, it could not sustain those levels and soon faced a pullback. Currently, Pi has managed to move up in the rankings, surpassing Hedera to claim the 11th spot in the overall cryptocurrency rankings. Despite challenges, the Pi price has sustained an upward trend, and experts believe it could be gearing up for another breakout.

Pi price analysis
Pi price analysis

“Pi has been consistent in staying above the $1.60 range, and this suggests it could close the quarterly trade on a bullish note,” said Sarah Miller, a cryptocurrency strategist.

Traders are now wondering whether Pi can once again reclaim its former highs. Could it touch $2 or even higher this month? Some experts believe it is within the realm of possibility, particularly if the market continues to stabilize.

The Technical Analysis: Support Zones & Bollinger Bands

From a technical standpoint, Pi’s chart shows a classic breakout pattern. The price broke out from a falling wedge formation, but the bullish movement still requires validation. Volatility has significantly decreased, with the Bollinger Bands contracting, which indicates the potential for a price consolidation phase before another significant move.

According to charts, the local support zone is situated between $1.60 and $1.62, which should provide a strong base for the token. If Pi price maintains above this zone, a rebound toward resistance levels around $1.92 could trigger further gains.

While the technical indicators are promising, there are still some hurdles ahead for Pi, particularly in terms of its exchange listings.

The Binance Hurdle: Pi Price Waiting Game

One key factor that could delay Pi’s future growth is its absence from major exchange listings. Unlike many new tokens that quickly make their way onto exchanges like Binance, Pi price has yet to be listed. Given that major crypto exchanges can play a significant role in the price movements of coins, this delay could hurt Pi’s long-term prospects.

“If Pi is not listed on larger platforms like Binance soon, we could see a major sell-off by whales,” stated cryptocurrency researcher and writer, Mark James. “However, even without Binance, Pi has been managing well so far.”

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Despite this, Pi’s current price performance suggests it has the potential to outperform its competitors, even without access to larger exchanges. As Pi price is only listed on a few smaller platforms, its lack of access to Binance has not yet had a major impact.

Conclusion: Is Pi Network the Next Big Thing?

As the cryptocurrency market experiences turbulence, Pi Network’s price movement is an exciting anomaly. While the lack of a Binance listing might slow its momentum, the resilience of Pi suggests it could be on track for further gains in the future. Experts believe that, with a 30% upswing possibly on the horizon, Pi price might just be the next big thing in the cryptocurrency world.

If Pi manages to reclaim its former highs and continue its bullish trend, it could establish itself as one of the top cryptocurrencies in the market. Traders and investors will have to keep a close eye on its price movements and market dynamics, especially in the coming months. Keep following The Bit Journal and keep an eye on Pi Price.

FAQs

  1. What is Pi Network?

 Pi Network is a digital currency project that allows users to mine Pi coins using their mobile phones. The project aims to provide a decentralized and user-friendly alternative to traditional cryptocurrencies like Bitcoin.

  1. Why is Pi Network’s price surging? 

Pi Network’s price is surging due to growing interest in the cryptocurrency, along with its ability to weather the broader crypto market downturn. Despite the market’s challenges, Pi’s price has shown resilience and is expected to continue growing.

  1. Will Pi price reach $2 again? 

Experts believe Pi may soon reclaim the $2 mark if the market stabilizes. The current trend suggests Pi could see further gains, possibly reaching resistance levels of $1.92 and beyond.

  1. Why is Pi not listed on Binance? 

Pi Network has not yet been listed on Binance, which could limit its exposure to a broader audience. However, Pi has still managed to show strength despite being absent from major exchanges like Binance.

Glossary of Key Terms

  • Pi Network: A blockchain-based cryptocurrency project that aims to offer an easy-to-use and decentralized digital currency.
  • Bollinger Bands: A technical analysis tool used to measure volatility and potential price movements in financial markets.
  • Whale: A term used to describe large cryptocurrency holders who have the ability to influence market prices.
  • Falling Wedge: A technical chart pattern that typically signals an impending upward price movement.

References

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Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

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Isha jane is a dedicated crypto journalist with a passion for uncovering the latest trends, innovations, and developments in the blockchain space. With a background in financial journalism and digital asset analysis, she provides in-depth insights into the ever-evolving world of cryptocurrency, from emerging altcoins to major industry shifts.Her work has been featured across leading crypto news platforms, where she breaks down complex blockchain concepts into clear, engaging content for investors and enthusiasts alike. Known for her analytical approach and investigative skills, she delivers well-researched reports on market trends, regulatory updates, and the future of decentralised finance.
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