Pi Network Price Prediction & Analysis: Will Pi Coin Realistically Hit $3 ATH Again?

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Pi Network

Highlights

  • Pi Network price shows signs of a bullish reversal as the hourly chart shows a breakout from a descending parallel channel.
  • This bullish setup and positive news suggest that Pi Coin can realistically reach the $3 ATH again.
  • The rising RSI and on-chain data suggests that some traders are buying after the recent dip.

Pi Network price has fallen to $0.838 today, March 28. The recent decline has pushed Pi Coin down by 50% in just two weeks, with investors who are holding the altcoin registering massive losses. Amid this dip, the Pi Network community remains optimistic that this altcoin can realistically reach the $3 ATH level again.

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Pi Network Price Prediction & Analysis 

The Pi Network token trades at $0.838 today with a 5% drop in 24 hours. Pi Coin is facing a challenge reversing past $1 in the near term. Moreover, traders booking profits after short-term rallies are derailing this rally. 

The hourly chart shows that Pi Coin broke out from a descending parallel channel. However, it is reversing to test support at the upper trendline. If this support fails, it could cause a resumption of the Pi Network bearish trend

The volume histogram bars indicate there was an uptick in buying activity, which saw the RSI make a series of higher lows to 52, suggesting that some traders are buying the dip. 

Additionally, the green AO bars show a bullish divergence. This suggests that Pi Coin price could soon record a reversal, past the psychological level of $1. 

Pi Network Price Prediction & Analysis: Will Pi Coin Realistically Hit $3 ATH Again?
PI/USDT: 1-hour Chart

However, despite the positive AO bars and a breakout from a descending channel, can Pi Network price realistically reach the $3 ATH again? 

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Can Pi Coin Realistically Hit $3 ATH Again? 

Besides the bullish setup on Pi Coin’s hourly chart, other signals show a bullish Pi Network price prediction that it can realistically reach $3 again. 

Pi Coin advocate Dr Altcoin, recently observed that some traders are buying the dip. Per the analyst, one account purchased 3.65 million Pi Network tokens in six different transactions. If more traders buy at the low prices as they anticipate a price recovery, it could precede a major rebound in the price. 

Bullish news could also be the main driver of a Pi Coin rally to the $3 ATH level. The Pi Coin community remains hopeful that top exchanges like Binance will list the altcoin. Moreover, if listed on Coinbase, Pi Coin will gain access to the US crypto market, which will drive high trading volumes and stir a rally to an ATH. 

There is also speculation that a spot Pi Coin ETF could launch soon. Like Solana, XRP, and Cardano, which have all received ETF applications, Pi Coi is also a US-made altcoin. A filing could drive the momentum. 

Considering these possible catalysts, Pi Network price can realistically reach the $3 ATH level again. If it does, Pi Coin will attain an over $30 billion market cap, making it one of the top ten largest cryptos. 

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Frequently Asked Questions (FAQs)

1. Can Pi Network price realistically reach $3 ATH again?

Pi Network price can realistically reach the $3 ATH level again. Catalysts like a Pi Coin ETF, exchange listings and accumulation could fuel this rally.

2. What is the Pi coin price prediction today?

Pi Coin price prediction today hints towards a bullish reversal. The altcoin has flipped resistance at the upper trendline of a descending channel, suggesting a trend reversal.

3. Are traders buying the Pi Network price dip?

According to a top analyst, one trader bought 3M Pi Coin after the recent dip. The RSI also rebounded after hitting oversold levels suggesting an uptick in buying activity.
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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
Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience decoding blockchain trends, price movements, and market dynamics. She holds a Bachelor’s Degree in Commerce (Finance) from Kenyatta University, blending a solid academic foundation with a sharp eye for technical analysis and a deep understanding of on-chain data. Her work delivers clear, data-driven insights that empower investors to navigate the fast-evolving digital asset space with confidence. When she’s not analyzing the markets, Mary enjoys reading and travelling.
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.