How High Can Pi Network Price Go If Listed on Binance?

Pi Network (PI) price is experiencing a notable surge despite a broader crypto market decline. Over the past 24 hours, PI has risen 5%, defying the downturn.  Market volatility has surrounded Pi Network, with wild price swings sparking debates about its future. Despite uncertainties, many investors remain confident in its potential. 

Since its listing on multiple Pi exchanges on February 20, PI has shown high volatility. Investors are closely watching for a potential Binance listing, which could further impact its price. The anticipation of a major exchange listing continues to drive speculation, keeping PI in focus despite ongoing market fluctuations.

If Listed On Binance, How High Can Pi Network Price Go?

Pi Network recently gained attention after Binance held a community vote from February 17 to February 27 for its potential listing. Verified users with at least $5 in assets participated via Binance Square. The vote ended with 86% of 294,955 voters supporting the listing. However, Binance stated that the results were “for reference,” leading to uncertainty within the community.  

On March 8, Binance introduced a new co-governance mechanism for token listings and delistings. This system allows the community to provide input on future listings. Binance acknowledged receiving suggestions from users and announced updates to its listing process following evaluations. The Pi Network community remains optimistic about a potential listing under the new framework.  

Currently, Pi Network is listed on major exchanges such as OKX, Bitget, MEXC, and Gate.io. However, tier-1 platforms like Binance, Coinbase, Upbit, Crypto.com, and Kraken have yet to add the token.  

Pi Network’s market capitalization stands at $9.85 billion, securing the 11th position in global rankings. Its price movement remains closely watched as speculation continues regarding a possible Binance listing. The exchange’s updated approach may influence the token’s future accessibility and valuation.

Pi Price Holds Support, Eyes Recovery

The latest Pi price is $1.37, reflecting a slight 5% increase in the past 24 hours. However, the trending coin remains under pressure as it struggles to reclaim key resistance levels. The price has been fluctuating between $1.00 and $2.00, with current momentum indicating a potential rebound if buyers step in.  However the crypto market is seeing a crypto market sell of with bears taking control.

Technical indicators suggest that Pi faces challenges in regaining upward traction. The MACD remains in negative territory, signaling bearish dominance. Meanwhile, the RSI sits at 35, hovering near oversold levels. This suggests that sellers are still in control, but a potential recovery could emerge if buying pressure increases.

Key support remains firm at $1.00, while resistance is located at $1.50. A breakout above this level could push Pi toward the $2.00 mark, marking a 43% surge from its current price. However, failure to hold above $1.50 may lead to further declines, with $1.00 being the next critical support zone.

To sum up,  the Pi Network price momentum remains in focus as anticipation grows over a Binance listing. A confirmed listing could drive prices higher, fueling renewed optimism among market participants.