{"id":15728,"date":"2025-11-11T15:51:27","date_gmt":"2025-11-11T15:51:27","guid":{"rendered":"https:\/\/bitunikey.com\/news\/pi-network-price-forms-rare-patterns-whale-buying-continues\/"},"modified":"2025-11-11T15:51:35","modified_gmt":"2025-11-11T15:51:35","slug":"pi-network-price-forms-rare-patterns-whale-buying-continues","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/pi-network-price-forms-rare-patterns-whale-buying-continues\/","title":{"rendered":"Pi Network price forms rare patterns, whale buying continues"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Pi Network price remained in a consolidation phase this week as traders remained on the sidelines.<\/p>\n<div id=\"cn-block-summary-block_b1b13c87da13e41264e15a66736585a6\" 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 Network price has formed an inverse head-and-shoulders pattern on the 12-hour chart.<\/li>\n<li>It has also formed a falling wedge pattern, pointing to more upside.<\/li>\n<li>The coin may jump as whale accumulation continues.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">Top whale continues buying Pi Coin<\/h2>\n<p>Pi Coin (PI) token was trading at $0.2300, a range it has held over the past few days. Its volume stood at about $30 million, a tiny amount for a $2 billion coin.\u00a0<\/p>\n<p>Pi Network price will likely have a strong bullish breakout in the coming weeks as one whale continues buying. Data compiled by PiScan shows that the biggest Pi whale has resumed his accumulation after a long hiatus.\u00a0<\/p>\n<p>The anonymous investor bought 364,945 tokens valued at $92,000 on Monday. Before that, he <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/piscan.io\/account\/GASWBDATCXXIUGHR7DWSFAAONZB2L5NFMBTDCYQQ2TQLRQNCTKJ2AODM\" target=\"_blank\" rel=\"nofollow\">bought<\/a> 437,321 coins and moved them to his self-custody. In total, the whale has acquired over 6 million tokens in the last two weeks, bringing the total holdings to 373.28 million tokens valued at over $86 million.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The continued accumulation in Pi Network is essential because the whale has already lost millions of dollars. As such, he likely expects it to bounce back in the near term.\u00a0<\/p>\n<p>Pi Network price has some potential catalysts that this whale may be aware of. A possible catalyst would be a token burn announcement, which would help to offset its unlock process. Such a move would lead to a significant surge, as evidenced by this week\u2019s Uniswap price surge.<\/p>\n<p>Another potential catalyst would be a primary listing on key exchanges such as Coinbase, Robinhood, and Binance. Pi would also jump if the developers shared a roadmap and a strategy for ecosystem growth.<\/p>\n<h2 class=\"wp-block-heading\">Pi Network price technicals point to a rebound<\/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 suggests that the Pi Coin price could be preparing a strong rebound. It has slowly formed an inverse head-and-shoulders pattern, which often leads to a strong rebound.<\/p>\n<p>The head is at the all-time low of $0.1525c while the shoulders are at $0.20. This pattern typically leads to more upside over time.<\/p>\n<p>The Pi Network price has also formed a falling wedge pattern, characterized by two converging trendlines. It has already moved above the upper side of the wedge, meaning that a rebound may be about to happen.<\/p>\n<p>These two patterns indicate it will likely surge to the next key resistance level at $0.50, about 120% above the current level. A drop below the all-time low of $0.1525 will invalidate the bullish outlook.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pi Network price remained in a consolidation phase this week as traders remained on the sidelines. Summary Pi Network price has formed an inverse head-and-shoulders pattern on the 12-hour chart.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5408,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15728","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\/15728","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=15728"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15728\/revisions"}],"predecessor-version":[{"id":15729,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15728\/revisions\/15729"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/5408"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}