Pi Network(PI) price prediction: key resistance level $0.52, a successful breakthrough could trigger a 75% pump.

After months of downward pressure, Pi Network (PI) has recently shown strong bullish reversal signals, igniting investor optimism. The Pi Token surged over 8% in early July, currently priced close to $0.45, with analysts believing that $0.50 and $0.52 are key resistance levels in the short term.

Pi Token has recently rebounded, and the market continues to pay attention to technical breakthroughs

The PI Token has currently rebounded after several months of decline. The price is strongly supported in the buying zone around $0.40, with the last two retracements to this support level occurring in mid-April and mid-June. Each time there was a pullback, strong lower shadows appeared on the price chart, indicating strong interest from buyers in this price range.

As Pi Network continues to trade below the long-term downtrend line, the market focus is on whether it can break through this trend line, triggering a complete trend reversal.

Whale accumulation and developer growth strengthen the foundation of Pi Coin

The basis of this round of rebound is not only technical factors; on-chain data shows that whale accumulation activities are increasing. Recently, a significant wallet purchased over 331 million PI tokens, a move that reduced the circulating supply in the informal market and sent a signal to the market about the value rebound of PI tokens.

At the same time, the number of decentralized applications (dApps) in the Pi ecosystem is also rapidly increasing, and the launch of Pi App Studio has further stimulated demand for Pi Network Token, aiding the development of its ecosystem.

However, despite this, Pi Network is still waiting for a formal listing on more major exchanges. If it can be listed on these platforms, the Pi Token may gain wider exposure and liquidity. Analyst Nchrousis stated that this could potentially drive the Pi price close to $0.75 in the coming months.

Short-term resistance: $0.52 is the key to breaking through a 75% rise

Technical indicators such as MACD and RSI show initial bullish divergence signals. Analysts emphasize that the descending parallel channel in the six-hour chart usually indicates consolidation before a breakout.

Currently, $0.52 remains a key level. Market chartist Valdrin Tahiri stated, "A breakout and a daily closing price above this price range will not only confirm the end of the pullback but could also trigger a pump to $0.85." This increase would reach 75% compared to the current price and confirm a bullish reversal by mid-2025.

In contrast, if the resistance level holds, the price of the Pi Token may test the support level near $0.44 again. Currently, the stochastic RSI indicator has started to pull back after reaching the overbought zone, indicating short-term selling pressure. The sustainability of any rebound will depend on trading volume and overall market sentiment.

PI Token Price Prediction 2025: Market Momentum Provides Space for Future Growth

Looking ahead, the price prediction for Pi Network in 2025 will be influenced by the upcoming official launch of the mainnet. Currently, global miners have high expectations for the Pi Network mainnet, and as the Pi mainnet is fully activated, market enthusiasm is continuously rising.

If the Pi Network can maintain the current bullish trend and successfully list on major exchanges, analysts expect the price to reach a range of $0.75 to $0.85 by the end of the year. Longer-term forecasts suggest that if the application of dApps and ecosystem tools continues to grow, the price of Pi Token may break through $1.

Although the price of the Pi Token is still volatile, the project's fundamentals and the growing community support make it a potential coin worth paying attention to in the third and fourth quarters of 2025.

Conclusion: Can Pi Network Stand Out?

The next few weeks are crucial for Pi Network. If the bulls can successfully return to $0.52 and maintain above this level, Pi Network could experience a significant breakthrough. On the contrary, if it fails to break through this key resistance level, the PI Token price may return to the support level and then attempt the next round of rebound.

With the growing interest in Pi mining and dApp development, as well as the Pi team's continuous updates to its roadmap, the market's focus will be on whether the Pi Token can solidify its position among mainstream coins.

Currently, market sentiment has clearly turned bullish, but whether it can sustain growth will depend on key technical breakthroughs and the realization of fundamental milestones.

PI-2.14%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Share
Comment
0/400
SwingTrading1vip
· 07-24 09:52
The only way for PI to make the PI rise is for the old four to quickly open a decentralized exchange. This will lead to a series of large exchanges coming online, at which point the pioneers only need to have this one consensus. (Everyone mobilize to keep the PI in their wallets and not in the exchange. From now on, can the players in Jiulv bring back all the PI they bought to the PI Wallet?). If players put the PI in the exchange, the exchange will only use the players' coins to borrow and leverage contracts for other players, buying high and selling low with long wick candles, and both sides will suffer, so the coin price will never rise.
To make the PI price rise, let's start from myself and bring the PI back to the PI Wallet. Players who see this message, please copy, paste, and forward. 👌🙏🙏🙏
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)