Bullish Breakout Ahead? Pi Network Price Could Skyrocket, Say Analysts!

Jakarta, Pintu News – The price of Pi Network has recently attracted widespread attention after analysts noticed bullish indicators signaling potential future price increases.

However, the important price support at the $1 level for Pi Network has collapsed last week, having previously experienced positive growth in the market.

Pi Network Experiences a Big Drop of 30%

Currently, Pi Network’s market value stands at $0.90 after experiencing a 30% drop compared to the previous week’s price. This decline coincides with the overall weakening of the crypto market.

The negative impact on Pi Network’s value prompted industry analysts to forecast a more favorable outlook, pointing to recovery signals from the network.

Read also: Pi Network Starting to Lose Trust? SuperNode Control Sparks Decentralization Controversy!

The global crypto market itself is showing significant progress in terms of capitalization. The market capitalization value reached $2.85 trillion, up 2.83% in the past day. Trading volume also jumped dramatically by 62.39%, touching the $72.2 billion mark on the previous day.

Bitcoin BTC->Current BTC PriceRp 0Market Cap-Trading Volume-Circulating Supply- managed to break the $87,000 mark and maintain its position, while Ethereum ETH->Current ETH PriceRp 0Market Cap-Trading Volume-Circulating Supply- remained stable at around $2,000. This rise in the overall crypto market could be an opportunity for Pi Network to bounce back, although it is currently still facing challenges related to speculation of listing on BNB.

Pi Network price could surge, analysts find bullish pattern

A crypto analyst found evidence from market analysis results that PI prices have the potential to continue rising, supported by the Three Drive bullish chart pattern. The three peaks in this pattern that continue to increase indicate the possibility of further price increases in the market.

According to analysts, there are three important indicators in this pattern: the first impulse shows a rapid price movement upwards, the second impulse results in a higher peak, and the third impulse confirms the ongoing trend. A big rise in the PI could happen if the resistance level is successfully broken.

Pi Network Breakout Sign Hints at Shifting Market Trends

Trend analysis clearly shows that a breakout from PI can signal a change in the market pattern.

Since last month, the price chart shows a consistent downward trend with successive peak and trough formations forming a perfect downward pattern.

Read also: Pi Coin drops 3%, How Much is Pi Network to Rupiah today (3/25/25)?

The breakout of this descending channel pattern signals a possible end to the bearish conditions and opens up the potential for a new market trend. Market participants are now starting to focus on this price movement to look for future market direction changes.

In the view of experts, if this bullish pattern continues to hold, the price of Pi Network has a chance to experience significant growth. If the market is able to break out of the downward trend, this could be a positive signal for Pi Network’s recovery.

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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.

Reference:

• Coingape. Expert Says This Bullish Pattern Could Send Pi Network Price to New Highs. Accessed on March 25, 2025