Jakarta, Pintu News—The price of 1 Pi Network (PI) in Indonesia today (14/4/25) is again in the spotlight of investors and the crypto community. In the past week, the PI price has recorded a jump of up to 80% and has successfully stolen the market’s attention.
This significant spike led to renewed optimism, with many starting to speculate – could PI potentially break the $1 psychological level again in the near future?
This sharp rise also comes amid positive global sentiment towards developing the Pi Network ecosystem and the increasingly active PI trading activity on several major exchanges.
The price of Pi Network (PI) has shown quite dynamic movements in the last 24 hours. Based on the chart, PI opened in the price range of $0.7318. During the first few hours, the price continued to experience a steady increase until it reached a daily high of around $0.7700.
However, after reaching its peak, PI experienced a significant price correction, dropping to a daily low of $0.7150. This correction briefly sent the market into negative territory (red area on the chart), before finally showing a recovery.
Towards the end of the trading session, the price of PI began to rebound and moved back in the green zone, signaling buying interest from investors. Until the screenshot was taken, the cost of PI was at $0.7406, an increase of about 1.32% in the last 24 hours.
PI’s trading volume in the last 24 hours was recorded at $339.95 million, although it was down almost 49% compared to the previous day. Meanwhile, PI’s market cap stood at $5.08 billion, with a circulating supply of 6.86 billion PI out of a maximum total supply of 100 billion PI.
Community sentiment towards PI also looks very positive, with 88% of investors showing a bullish view, compared to only 12% who are bearish.
Also read: Top 10 Cryptos Ready to Lead the Rally in April 2025
Pi Network (PI) has shown an impressive recovery with an 80% gain in the past week. After experiencing a sharp drop to $0.40, technical indicators show strong bullish signals, signaling the potential for further price increases. With momentum continuing to build, many are wondering if PI will be able to reach the $1 price again.
The Moving Average Convergence Divergence (MACD) for Pi Network (PI) has given a positive signal on the daily chart. The MACD line (blue) crossed above the signal line (orange) on April 5, signaling a positive change in momentum.
In addition, the histogram bars showing the strength of the momentum have grown in size in recent days, signaling increased demand for the cryptocurrency.
When the MACD is set up like this, upward momentum is building and buyers are starting to take control of the market. This bullish MACD crossover shows the potential for continued price gains as buying pressure increases.
In addition to the MACD, the Balance of Power (BoP) indicator also shows positive signs with a current value of 0.52. The BoP measures the power between buyers and sellers in the market, helping to identify momentum shifts.
When the BoP value is positive, it indicates that buyers are dominating the market over sellers, driving the new price up. A positive BoP adds to the evidence that demand for Pi Network (PI) is growing. This and the bullish signal from the MACD provide further confirmation that the uptrend might continue.
With the ongoing rally, the price of PI is currently moving within an ascending parallel channel. This pattern forms when the price of an asset moves consistently between two parallel, ascending trend lines. It signals a sustained uptrend, with PI buyers gradually taking control while allowing for short-term price drawdowns.
If the rally continues, PI could be trading at $0.95. However, if the current trend reverses and PI loses its recent price gains, the value of this asset could fall back to $0.40.
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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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