Top 3 Bullish Signals for Pi Coin Price by April-End 2026

Pi Coin appears to be defying the downtrend in the broader crypto market after jumping by 1.12% in the last 24 hours to trade at $0.167 at press time. The slight increase has driven speculation on whether Pi Coin price could be poised for a bullish trend in the second half of April amid network upgrades, a drop in token unlocks, and a bullish chart pattern.

3 Signals That May Drive Pi Coin’s Bullish Rally by April End

As Pi Coin retains gains despite the rest of the crypto market retreating, three bullish signals have now emerged, suggesting that more gains might be recorded by the end of April. These signals include:

• Upcoming v22 Network Upgrade

As earlier reported, the Pi Network recently completed its Protocol 21 upgrade. Shortly after, the team announced that it would roll out the next update, dubbed v22.1, which could boost the utility of Pi Coin and drive a price recovery.

Pi Network will roll out v22 on April 22, 2026, and it is part of the network’s effort to move towards the final v23.0 protocol. Once this final upgrade is complete, Pi Network will become a platform where developers can create applications.

Since its launch in February 2025, the Pi Network has been struggling with adoption. However, with v23 intended to make the network operate with smart contract capabilities, developers can start creating applications on the network, and this might support a bullish Pi Coin price outlook.

Historical data also shows that Pi Network price tends to record an uptick in volatility whenever a network upgrade happens. For example, on April 7, one day after the Protocol 21 upgrade, Pi Coin fluctuated between $0.165 and $0.173. Therefore, towards the end of April, as the v22 upgrade nears, PI price could rally.

• Fewer Token Unlocks

One of the factors that has been affecting the Pi Coin price performance since its launch is token unlocks. The release of new tokens into the circulating supply has been behind a bearish long-term Pi Network price forecast due to weak demand that fails to absorb these coins.

Data from PiScan now shows that there will be fewer unlocks towards the end of April, and this might drive a price recovery. This reduction in the number of new tokens entering the circulating supply might also coincide with rising demand from the v22 upgrade.

A look at exchange data also shows that as token unlocks ease, exchange inflows have also reduced. At press time, Pi Coin’s exchange outflows had surpassed inflows by 310,000 tokens.

• Bollinger Band Squeeze and Bullish CMF Signal Pi Coin Price Breakout

Pi Coin’s one-day chart shows that a Bollinger band squeeze is looming, which may trigger the next bullish leg for the token. When these bands narrow like they are currently doing, it is a sign that the volatility of this token is at historically low levels, and it is about to break out.

Additionally, the CMF is showing that buying pressure is rising and growing stronger than selling pressure. If buyers flock into the market and gradually overpower sellers, it will likely drive strong gains for Pi Coin price and halt the downtrend.

If a strong uptrend begins now, the price needs to reach the 61.8% Fib level at $0.214 to confirm that bears are no longer in control. Pi Coin may attain this price target before the end of April as fewer token unlocks ease selling pressure and the v22 upgrade drives demand.

In summary, Pi Coin price appears poised for a bullish trajectory in the second half of April. The v22 upgrade that will pave the way for smart contracts on the Pi Network might be the biggest catalyst that drives the breakout signalled by the contracting Bollinger bands.