Pi Network Surges 10% in a Day — Is the $1 Breakout Finally Coming?

Jakarta, Pintu News – Pi Network prices have been declining since the launch of the much-anticipated mainnet in February.

After an 86% drop, PI fell to an all-time low of $0.40 before rebounding.

On June 25, 2025, the price of PI broke out of a descending wedge pattern, giving rise to optimism that the correction phase was finally over.

Then, how is Pi Network’s current price movement?

Pi Network Price Rises 10.3% in 24 Hours

On June 26, 2025, the price of Pi Network (PI) was recorded at $0.6281, having risen 10.3% in the last 24 hours. If converted to the current rupiah ($1 = IDR 16,239), then 1 Pi Network is IDR 10,199.

Read also: Massive Pi Network Surge Incoming? These 3 Signals Say It’s About to Happen!

In the last 24 hours, PI moved within a price range of $0.5662 to $0.6617, showing quite active volatility yet in a healthy uptrend.

PI’s daily trading volume also registered a large number, reaching $348 million, signaling increased market interest in this asset. Currently, Pi Network’s market capitalization stands at $4.73 billion, with a fully diluted valuation touching $7.28 billion.

PiNetwork Price Analysis

Analysis on the daily time frame (25/6) shows that PI has been moving below the descending resistance trend line since reaching its highest price of $3 in February.

PI dropped to an all-time low of $0.40 on June 13 before rebounding, forming a long lower wick (green icon).

PI prices then printed a higher low on June 22 and have increased by 35% since then, creating today’s bullish engulfing candlestick.

The main obstacle for Pi Network is at the $0.75 level, which is formed by a long-term descending resistance trend line that has held for 119 days.

Technical indicators are starting to show positive signals. The Relative Strength Index (RSI) is moving above the 50 mark, while the Moving Average Convergence/Divergence (MACD) has formed a bullish cross (black circle).

As such, analysis on the daily time frame gives a bullish prediction for PI, indicating that the price is likely to reach the resistance line and possibly break it.

Can Pi Network Break $1?

The wave count is in line with the price movement, giving a bullish PI prediction.

This calculation shows that PI has completed a five-wave downward movement (marked red) since May, where the fifth wave formed a diagonal ending pattern.

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On June 25, the price of PI successfully broke out of the wedge pattern, confirming that an upward movement had begun.

There is also a bullish divergence (orange color) on the RSI indicator, which further strengthens this possibility.

While it is yet to be seen whether this will be a new five-wave up move or just an A-B-C correction, PI prices are likely to reach the resistance area in the $1.07-$1.21 range.

Afterward, the reaction of the price when it reaches that area will determine the future direction of the PI trend.

Pi Network Starts to Recover

Overall, PI prices surged sharply after falling to an all-time low on June 13. Thereafter, PI formed a higher low on June 22 before the pace of its rise accelerated.

Price movements and wave count calculations suggest that a rise to at least the $1.07-$1.21 range is highly likely.

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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:

• CCN. Pi Network Price Jumps 35% as PI Approaches Key Resistance Level: Here’s What Could Happen Next. Accessed on June 26, 2025