How High Can Pi Network (PI) Price Go?

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How High Can Pi Network (PI) Price Go?

Highlights

  • Pi Network price gains attention as Binance listing vote nears conclusion.
  • Market stability supports Pi Network’s potential breakout to new highs.
  • Technical indicators show neutral momentum with possible bullish action.

Pi Network price has soared massively after launching its Open Mainnet this month. Pi Coin value has also hit a new all-time high due to this sudden interest spike. Rumors of upcoming exchange listings and the hype around Pi Network token has made it immune the recent crypto market crash. With such optimism, how high can Pi network (PI) price go? 

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Will Pi Network (PI) Price Hit New Highs?

Pi Network price is drawing interest as it nears its all-time high of $2.10. The coin has declined 23% from its peak but remains a strong contender in the digital asset space. Experts suggest that Pi Coin’s potential depends on increased adoption, exchange listings, and higher liquidity.  

OKX has already committed to listing Pi once it meets the exchange’s criteria. Now, Binance is considering adding the coin to its platform, and community support is playing a key role. The exchange launched a voting process to gauge interest, with 86.2% of eligible users voting in favor. Only two days remain before the poll closes.  

A Binance listing would be a major milestone, potentially increasing exposure to over 200 million users worldwide. 

Market analysts believe this could also lead to Pi’s inclusion in Binance’s futures market. If successful, other major exchanges, including Coinbase, Kraken, and Upbit, may follow suit.  

Pi is already listed on several platforms, including OKX, HTX, Bitget, and Gate.io. A Binance listing could further establish it as a key player in the digital asset space. With growing interest, the market is closely watching Pi Network’s next move.

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Can Pi Network Price Rally to $3?

The latest Pi price shows consolidation after a strong breakout, holding near the $1.59 level. The price briefly surged above $1.60 but faced resistance, leading to a minor pullback. 

The market is stabilizing, with technical indicators suggesting a potential next move. Crypto market is trading in bearish trend, with BTC and ETH hovering below the support levels.

Pi Network is currently trading at $1.59, marking a 0.75% decline in the past 24-hours Despite this, the token maintains higher support near $1.00, which previously acted as a major buying zone. 

If the price successfully holds above $1.50, it could attract more buying interest, setting the stage for a test of $2.10  previous ATH in the coming day.  If bullish mounts more pressure could rally to $3. While a rejection may push the price back toward $1.40 before testing the $1.00 support level.

The Relative Strength Index (RSI) is at 58, indicating neutral momentum. This suggests the asset is neither overbought nor oversold, leaving room for further price action in either direction. 

The Moving Average Convergence Divergence (MACD) indicator displays a bearish signal, with the MACD line crossing below the signal line. This indicates slowing momentum, hinting at possible short-term consolidation before the next significant move.

How High Can Pi Network (PI) Price Go?
Source: TradingView

Pi Network price continues to gain attention, with key exchanges considering listings. If adoption and liquidity grow, its price could reach new highs, possibly testing the $3 mark.

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Frequently Asked Questions (FAQs)

1. Why is Pi Network (PI) gaining attention in the crypto market?

Its Open Mainnet launch and potential Binance listing have fueled interest.

2. Can Pi Network (PI) reach $3 in the near future?

If momentum builds and adoption grows, PI could potentially test $3.

3. What are the major resistance and support levels for PI?

Key resistance is near $2.10, while support holds around $1.00.
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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.