{"id":7471,"date":"2025-08-11T18:41:58","date_gmt":"2025-08-11T18:41:58","guid":{"rendered":"https:\/\/bitunikey.com\/news\/heres-why-pi-coin-price-could-skyrocket-soon\/"},"modified":"2025-08-11T18:42:12","modified_gmt":"2025-08-11T18:42:12","slug":"heres-why-pi-coin-price-could-skyrocket-soon","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/heres-why-pi-coin-price-could-skyrocket-soon\/","title":{"rendered":"Here\u2019s why Pi coin price could skyrocket soon"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The Pi crypto price has plummeted since its mainnet launch in February, turning one of the most popular coins into a fallen angel.<\/p>\n<div id=\"cn-block-summary-block_c50734fc023ee8ea0ad1807ce13ca954\" 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 crashed and hovering near its all-time low.<\/li>\n<li>Technicals, including a double-bottom pattern points to a rebound.<\/li>\n<li>It has also formed a large falling wedge chart pattern.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Pi Network (PI) was trading at $0.3985 on Monday, down 87% from its highest level this year. Still, technical analysis points to an eventual recovery in the coming days.<\/p>\n<h2 class=\"wp-block-heading\">Pi crypto price technical analysis<\/h2>\n<p>The 12-hour chart shows that Pi crypto has formed several bullish patterns that could trigger a 154% surge from the current level. It has formed a double-bottom pattern at $0.40 and a neckline at $1.6640.<\/p>\n<p>A double bottom is made up of two lows, which, in this case, are at $0.40. It also has a neckline at $1.6640, its highest level in May this year.<\/p>\n<p>Additionally, Pi Network has formed a large falling wedge pattern, which consists of two descending and converging trendlines. A bullish breakout occurs when the two lines near their confluence.<\/p>\n<p>Technical indicators also point to potential major moves ahead. For example, the spread of the three Bollinger Bands has continued to narrow, which often precedes a breakout.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The Relative Strength Index has moved from the oversold level of 19.7 to 52, while the two lines of the Percentage Price Oscillator have formed a bullish crossover and are pointing upward.<\/p>\n<p>Most importantly, Pi crypto is in the accumulation phase of the Wyckoff theory. This pattern is characterized by low volume and sideways movement.<\/p>\n<p>Therefore, the most likely outlook is for Pi Network to surge and move toward the psychological level at $1, which is 154% above the current price.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Pi Network price chart | Source: crypto.news<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Potential catalysts for Pi Network<\/h2>\n<p>The first potential catalyst that may boost the Pi Network price is the ongoing crypto market rally<strong>. <\/strong>Bitcoin (BTC) has already flirted with the all-time high, and it is likely to cross it soon. A crypto rally, and potential altcoin season<strong>, <\/strong>will likely boost Pi and other tokens.\u00a0<\/p>\n<p>Another possible catalyst is a centralized exchange listing by one or more companies such as Binance, Coinbase, HTC, or Upbit. Historically, tokens have rallied sharply after exchange listings. For example, Floki surged last week after a Robinhood listing, while TOSHI and WLD soared after Binance listing.\u00a0<\/p>\n<p>Pi Network\u2019s price could also rise if the developers announce further decentralization and token sale measures. Such steps would help to address or mitigate ongoing token unlocks.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Pi crypto price has plummeted since its mainnet launch in February, turning one of the most popular coins into a fallen angel. Summary Pi Network price has crashed and&hellip;<\/p>\n","protected":false},"author":1,"featured_media":406,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7471","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\/7471","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=7471"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7471\/revisions"}],"predecessor-version":[{"id":7472,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7471\/revisions\/7472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/406"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=7471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=7471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=7471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}