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The post Pi Coin Price Analysis: Will the Bulls Drive the Price to $1? appeared first on Coinpedia Fintech News
In a very recent Pi Network news, the team has migrated 14 million tokens to user-controlled wallets to boost decentralisation and user trust. Led by alumni from Stanford, this initiative may pave the way for future listings on exchanges. With this, Pi coin has made it to the day’s top gainers list with an 11.52% price surge. And investors are increasingly keen on Pi Coin price analysis. In this write-up, we decode the possible price targets of the altcoin in the short term.
Technical Overview
As evident from the 4-hour Pi chart, it is trading at $0.8153 at the time of press with a strong intraday surge of 11.52%. This, coming after a 7-day decline of 35.23%, has boosted investor confidence. Successively, the market cap has also risen by 11.70% to $5.89 billion, followed by a 77.40% spike in trading volume worth $308.99 million.
A bullish crossover is now forming above the 9-D SMA at $0.7589, while the RSI at 57.57 shows improving momentum with more room for further upside before hitting overbought levels. Pi is now testing its immediate resistance at $0.8268, achieving which it could shoot up to $0.9222. Breaking above this could take the price to psychological resistance at $1. On the losing side, the altcoin could find support at $0.7876. Increased sell-off could then plummet the value to $0.6756.
Also, read our Pi Coin Price Prediction 2025, 2026-2030 for long-term price targets!
FAQs
The move to user-controlled wallets improves transparency and trust, positioning the Pi Network for more active participation and future listings on exchanges.
If momentum sustains and the $0.9222 resistance is broken, a move toward $1 is achievable.
The price of 1 Pi coin at the time of writing is $0.8153, with an intraday gain of 11.52%.
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