Pi Network Price Ready to Surge? Here’s the Latest Prediction Amid Crypto Market Resurgence

Jakarta, Pintu News – As reported by Coingape (22/4/25), the crypto market currently seems to be stagnating after the massive drop that occurred following the election of Donald Trump as President of the United States.

Crypto Market Cap has Broken the Falling Wedge Pattern

Not only did this incident cause the prices of most crypto assets to plummet, but it also created a negative sentiment among investors. The price of Pi Network was also affected, with a drop in value of over 37% in the past month.

Read also: Pi Network Launches Tokenomic with a Total Supply of 100 Billion Tokens!

As of April 22, Pi’s price stood at $0.6349 with a market capitalization of over $4.4 billion. However, this situation could potentially change in the near future.

World Of Charts, a renowned crypto analyst, recently shared a tweet highlighting an important development.

The tweet mentioned that the total crypto market capitalization has broken out of the falling wedge pattern. This indicates that the bulls (buyers) are ready to take over, which could trigger a surge in overall crypto prices – and allow the Pi Network price to rise again.

What Pi Network Price Analysis Reveals

Since analysts have previously mentioned the possibility of a bull breakout in the near future, let’s take a look at the current state of Pi Network to understand if this asset is also preparing to head in the same direction.

Based on the Pi Network price chart, it can be seen that the price has successfully broken out of a similar falling wedge pattern a few days ago.

However, after the breakout, the Pi price entered a relatively non-volatile zone, indicated by the narrowing Bollinger band.

Therefore, if the overall crypto market turns bullish, then the Pi Network price could potentially break the upper limit of the Bollinger band and enter a high volatility zone.

However, this big move may still take a few days or even weeks before it actually happens.

Revealing the Next Target for Pi Network

It is worth noting that since the price of Pi has declined in the past month, the market sentiment towards this asset has also turned bearish. For example, theweighted sentiment for the token is still in the negative zone.

Pi, which was previously the subject of much discussion, also saw a significant decline in social dominance during the period. Even so, in the event of a new cryptobull run, it is not impossible for market sentiment to change direction.

Read also: Crypto Market is Greening Up, These 3 Meme Coins Have Jumped Up to 33% in 24 Hours!

In an ideal scenario where the crypto market really takes off, the Pi Network price would still have to break some important barriers.

In Pi Network’s price prediction, in the event of a bullish market turn, the important first step would be to break the strong resistance levels at $0.65 and $0.70. If this is achieved, the token could target a further rise to $1.5.

Furthermore, if market conditions continue to be favorable, Pi prices could even potentially surpass $3 in a sustained bull market situation.

For now, the Pi Network price is still under pressure and surrounded by bearish sentiment. However, the potential for a bull run in the near future could be a turning point. If momentum starts to build and the Pi price gets a boost, increased investor confidence could pave the way to those optimistic targets.

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*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. Is Pi Network Price Ready to Moon? Crypto Bull Run Sparks Fresh Predictions. Accessed on April 23, 2025