Is Pi Network (PI) Poised for a $10 Breakout? Analysts Unveil a Major Opportunity!

Updated

March 6, 2025

Gambar Is Pi Network (PI) Poised for a $10 Breakout? Analysts Unveil a Major Opportunity!

Jakarta, Pintu News – As reported by Coinpedia (5/3/25), Pi Network (PI) stole the show with its incredible price increase, reaching 1,676% since its mainnet launch.

Currently, PI is trading at around $1.88 (IDR 30,614) after breaking through the strong resistance level of $1.75 (IDR 28,498).

Compared to other major crypto assets, such as Bitcoin which rose 3.4%, Ethereum 3.7%, XRP 3.1%, Binance Coin 4.5%, and Solana 2.6%, PI’s performance is far superior. This shows that PI is moving independently of the overall crypto market, with momentum still very strong.

With PI coin breaking through key resistance levels and speculation about a major exchange listing on the rise, investors are wondering: How much can Pi Network (PI) go up?

What’s Fueling Pi Network’s (PI) Price Surge?

Citing a Coinpedia report, there are several key factors contributing to the Pi Network’s price surge, including:

Mainnet Migration Deadline
Pi Network has set a migration deadline for users who wish to transfer their holdings to the main network. According to the Pi Network team, this deadline falls on March 17, 2025. Many investors are buying PI before this deadline as they expect a price spike afterward.
Speculation on Binance Listing
Speculation that Binance will soon list PI has been a major factor driving prices. A poll in the Binance community showed that more than two-thirds of participants were in favor of listing PI. If Binance does include PI in its trading list, the price of this coin could experience a significant spike.
Impact of US Election on Crypto
Donald Trump’s return to the US presidency raises expectations towards friendlier crypto regulations. Trump is known to be more open to crypto adoption, which could provide benefits to projects like Pi Network.

Technical Analysis: Will Pi Network (PI) Breakout to $10?

Technically, PI has just broken the strong resistance at $1.75 and is currently moving around $1.88. Analysts believe that if PI is able to cross the $1.90 level on high volume, then the price has the potential to rise further to $10 (IDR162,850).

Several technical indicators point to a bullish trend:

Bollinger Bands: Shows a narrowing pattern, which usually indicates a large price movement in the near future.
Parabolic SAR: Signaling that the uptrend is still dominating the PI market.

However, if it fails to break $1.90, there is a possibility of PI prices falling back to the support of $1.54 (IDR25,078). To maintain the bullish trend, PI needs to stay above the $1.74 (IDR28,352) support level.

Overall, Pi Network has proven itself to be one of the best performing crypto assets in early 2025. With strong momentum, speculation of a Binance listing, and the mainnet migration deadline approaching, PI has great potential to continue its price rally.

If PI manages to break $1.90, the next target is $10, which would be a spectacular surge for its community.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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