- Pi’s bullish trend signals potential gains if it breaks key resistance levels soon.
- Binance or Coinbase listing could propel PI toward the $8–$10 price range.
- High volatility and uncertain exchange listings pose risks to Pi’s price growth.
Pi Network (PI) has recently witnessed a surge in its price, climbing to $1.89 with a 7.48% increase over the past 24 hours. Its trading volume reached $790 million, reflecting strong market activity.
Over the past week, the price showed modest gains of 0.57%, indicating continued investor interest. With a circulating supply of 7 billion PI, its market capitalization stands at $13.22 billion.
Speculation regarding a possible listing on Binance or Coinbase has fueled discussions on whether the price could rise further. Investors are now evaluating key price levels and market trends to assess PI’s short-term potential.
Price Trend and Market Analysis
Pi’s price movement indicates a bullish trend, marked by higher highs and higher lows. The recent increase of 7.94% within a day confirms strong buying pressure. Despite an earlier short-term downtrend, the price quickly recovered, signaling resilience.
The breakout seen in recent trading sessions further supports the bullish outlook. If this momentum sustains, Pi could challenge its next resistance levels and extend its gains.
Key Support and Resistance Levels
Significantly, Pi has established strong support at $1.75–$1.76, where buyers stepped in to prevent further declines. Additionally, $1.80 serves as a psychological support level, having acted as a consolidation point before the breakout. If prices retrace, $1.85 could also provide stability before another move higher.
On the upside, $1.90 represents a psychological resistance level that could determine the next price direction. Beyond that, the $1.95–$2.00 range is a crucial resistance zone where selling pressure might emerge. If Pi successfully breaks through this area, it could open the door for further gains.
Will Pi Reach $10 in March?
Analysts remain divided on Pi’s short-term outlook. Some predict that if the current trend holds, the token could rally to $5 by April. A Binance or Coinbase listing could serve as a catalyst, potentially pushing the price toward $8–$10.
$Pi community, are you ready to take off? If we believe and support it, $10 is an easy target! 🚀🚀#picoin #PiNetwork #PiNetwork2025 pic.twitter.com/LKHXhEj77S
— Zizicrypto.Pi (@zizicryptom) February 28, 2025
However, challenges remain. The market has exhibited high volatility, with sharp intraday fluctuations. Additionally, while Binance has conducted polls on a potential listing, no official confirmation has been given.