- Potential Binance listing fuels bullish sentiment, with expectations of a price surge.
- Resistance at $2.50 and support at $2.00; a breakout could push Pi Coin toward $3.00.
- RSI near neutral and weak MACD momentum suggest consolidation before a decisive move.
At the moment, Pi coin can only be purchased at Pionexus but with the speculation that Binance is set to list Pi Network has caused a surge in Pi Network market sentiment. This alleged listing is expected to send Pi’s price soaring, with many speculating that it could double. Although the coin sentiment is bearish, Pi Network has recently made waves in the cryptocurrency market, surpassing its all-time high with a market cap of $15 billion.
Pi Coin Key Support and Resistance Levels
The current market value of Pi Coin sits at $2.19 while showing a 7.13% decrease since yesterday. Following its peak value of $2.50 the market witnessed a price decline. The current 24-hour trading volume reaches $1.84 billion indicating robust market activity despite price decreases. Key support is observed near $2.00, while resistance is evident around $2.50, a level it struggled to maintain.
A bullish momentum breakthrough of $2.30-$2.40 would enable Pi Coin to tentatively retest $2.50 before potentially moving toward the $2.70-$3.00 price range during the short term. Further selling pressure might drive prices down toward $1.80 support while a sustained downward trend would potentially overcome $2.00 as major support. Price predictions for Pi Coin show a potential $2.40-$2.50 value in bullish scenarios while bearish situations indicate $2.00-$2.10 possible values for the token’s future value.
Pi Coin Consolidates as Key Indicators Show Mixed Signals
The Pi Network/Tether (PI/USDT) trading chart shows a current price of $2.2451 and $2.2457, indicating a narrow gap in price. The MACD indicator shows a slight bullish crossover as the MACD line is above the signal line , but the histogram remains in the negative zone (-0.0442), suggesting weak bullish momentum.
The RSI at 48.16, close to the neutral 50 level, indicating neither overbought nor oversold conditions. Overall, Pi Coin’s price action is consolidating, with key levels to watch for a breakout or further decline.
Pi Price Outlook
According to current analysis from Coincodex,Pi Network price will surge to $2.32 with a potential ROI price of 3.58%. By March 6, 2025.the price of Pi Network is predicted to rise by 30.69% and reach $ 3.03.
