{"id":10582,"date":"2025-09-12T14:33:08","date_gmt":"2025-09-12T14:33:08","guid":{"rendered":"https:\/\/bitunikey.com\/news\/pi-network-price-eyes-surge-on-bullish-divergence-whale-buying-spree\/"},"modified":"2025-09-12T14:33:22","modified_gmt":"2025-09-12T14:33:22","slug":"pi-network-price-eyes-surge-on-bullish-divergence-whale-buying-spree","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/pi-network-price-eyes-surge-on-bullish-divergence-whale-buying-spree\/","title":{"rendered":"Pi network price eyes surge on bullish divergence, whale buying spree"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Pi Network price is showing signs of bottoming, signaling a potential rebound as whale accumulation gains steam and the altcoin season starts.<\/p>\n<div id=\"cn-block-summary-block_5efb6d9943b990b5ecc147353435c089\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Pi coin price could jump as whale buying spree gains momentum.<\/li>\n<li>The coin has formed a double-bottom pattern on the 12-hour chart.<\/li>\n<li>Pi token has also formed a bullish divergence pattern.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">Pi Coin to benefit from whale buying and altcoin season<\/h2>\n<p>One whale believes that the Pi Network price is a bargain after it plunged by nearly 90% from its all-time high. On-chain data shows that the investor has been actively buying the token in the past few weeks.<\/p>\n<p>The investor is spending thousands of dollars each day boosting his stake, which has made him the biggest holder. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/piscan.io\/account\/GASWBDATCXXIUGHR7DWSFAAONZB2L5NFMBTDCYQQ2TQLRQNCTKJ2AODM\" target=\"_blank\" rel=\"nofollow\">According to PiScan<\/a>, the investor bought 441,549 coins worth $156,043 on Thursday, a day after he acquired 1.573 million coins.<\/p>\n<p>The accumulation has brought total holdings to 373.78 million coins, currently valued at over $132 million. Most importantly, his holdings would be worth over $1.12 billion if the coin advances and returns to its all-time high.<\/p>\n<p>The ongoing whale accumulation is highly contrarian, considering that Pi has plunged since its mainnet launch. It could be a sign that the investor expects the coin to rebound, potentially after an exchange listing or a token burn announcement.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The other potential catalyst for the Pi Network (PI) price is the new altcoin season. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.blockchaincenter.net\/en\/altcoin-season-index\/\" target=\"_blank\" rel=\"nofollow\">Data shows<\/a> that the Altcoin Season Index jumped to 78, a move that may lift most coins.\u00a0<\/p>\n<p>Further, the upcoming Federal Reserve interest rate cuts may lead to a risk-on sentiment that drives most altcoins higher.<\/p>\n<h2 class=\"wp-block-heading\">Pi Network price technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Pi coin price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The 12-hour chart points to an eventual Pi Network price rebound. It has formed a double-bottom pattern at $0.3321, its lowest level on Aug. 1 and Aug. 26. Its neckline is at $0.4652, its highest level on Aug. 10. A double-bottom pattern often leads to a strong bullish comeback.<\/p>\n<p>The Relative Strength Index has been forming a bullish divergence pattern. This pattern happens when an asset is rising gradually as the price consolidates or falls. It has now moved above the neutral point at 50.<\/p>\n<p>Therefore, the Pi Network token is likely to rebound and possibly reach a key resistance point at the neckline at $0.4652, about 32% above the current level.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pi Network price is showing signs of bottoming, signaling a potential rebound as whale accumulation gains steam and the altcoin season starts. Summary Pi coin price could jump as whale&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4817,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=10582"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10582\/revisions"}],"predecessor-version":[{"id":10583,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10582\/revisions\/10583"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4817"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=10582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=10582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=10582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}