Pi Network Price Prediction: Can Pi Coin Extend Its Rally Before July Ends?

Frank bevah
Frank bevah

Frank bevah

Market Analyst
Frankbevah is a senior crypto market analyst and stock Journalist with four years of industry experience. He focuses on in-depth market analysis, emerging trends, and real-time developments across cryptocurrency and equity markets.
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights 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.
Pi Network Price Prediction: Can Pi Coin Extend Its Rally Before July Ends?
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Highlights

  • Pi Network price gains momentum as Protocol v25 nears July 22 deployment.
  • Bullish momentum could drive Pi above $0.090 toward $0.10 soon.
  • Losing $0.080 support may expose Pi to deeper downside risks.

Pi Network price rose 10% to $0.0889 in 24 hours, extending its recovery. The wider cryptocurrency market gained 0.73%, lifting its valuation to $2.21 trillion. Despite the rebound, Pi remains below its record high near $3. 

The market value has fallen from almost $20 billion to about $918 million. The traders are monitoring the capability of the following network upgrade to provide a price recovery.

Protocol v25 Upgrade Arrives on July 22

Pi Network is preparing to complete its Protocol v25 upgrade on July 22. Its development is based on replacing Protocol v19 with more recent network standards. The upgrade, according to the developers, will enhance stability, reliability, and smart contract performance in the ecosystem.

Protocol v25 will probably bring privacy-conscious smart contract functionality. These enhancements would enhance the development of applications besides enhancing data protection to users. The upgrade would be able to facilitate more effective blockchain operation on the mobile-first network of Pi.

The project can subsequently proceed to Protocol v26, which has already been developed by Stellar. 

In May, Stellar underwent an upgrade and introduced the functionality to manage compromised ledger entries. That mechanism enables validators to freeze the identified ledger keys in case of security violations.

Crypto Market Recovery Supports Pi Network Rebound

The recovery of Pi Coin price has occurred in tandem with the escalating fortunes of the cryptocurrency market in general. The Bitcoin price hovered at $64,000, and the Ethereum price traded above $1,870. XRP price was also around $1.10, with major assets showing stable trading.

The better market environment enabled Pi to stabilize following several months of huge losses. Recently its price was hovering around $0.083 and then climbing towards $0.0889. Buyers can aim at a further upswing should there be favorable market momentum.

Pi Network Price Targets $0.10 After Bullish Recovery

As of the reporting, the Pi coin soared to $0.0890, gaining 10% during the latest four-hour session. The recovery was a sharp rebound after the support was received around $0.080 with buyers controlling again. 

Pi coin price now tests the $0.090 resistance zone, which may determine the next short-term direction.

The MACD remains bullish, with the signal lines rising above the zero level. Green histogram bars are also characterized by the strengthening momentum over the recent progress. The Chaikin Money Flow is 0.16, which shows an increase in capital inflows and a better buying force.

Pi Network Price Prediction: Can Pi Coin Extend Its Rally Before July Ends?
Source: Tradingview

A confirmed break above $0.090 could expose the $0.10 resistance level. Additional strength could push the recovery to $0.110, provided volume grows. 

Nonetheless, rejection around $0.090 might spur a retest of $0.080 support. A close under that would erode the set up and reveal $0.075.

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.
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Frequently Asked Questions (FAQs)

1. Why is Pi Network price rising?

Pi Network price gained about 10% as buyers returned near the $0.080 support level. Broader crypto market strength also supported the recovery.

2. When will Protocol v25 launch?

Pi Network expects to complete the Protocol v25 upgrade on July 22. Traders are closely watching the deployment and market reaction.

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
Frankbevah is a senior crypto market analyst and stock Journalist with four years of industry experience. He focuses on in-depth market analysis, emerging trends, and real-time developments across cryptocurrency and equity markets.