Zara Phelps
Is Pi Network Poised For a Surprise Comeback? Key Signals Point to Potential 2025 Bull Run After Devastating Slump
PI Network battles back from a 78% fall. Key resistance tests and bullish signals could spark a powerful 2025 recovery.
- 78%—Total drop from PI’s all-time high since February 2024
- $0.65—Critical support zone for PI price
- 115%—Previous PI rally after breaking a similar technical pattern
After plummeting an eye-watering 78% since its February peak, Pi Network’s native coin, PI, may be gathering steam for a long-awaited reversal. Recent price action, surging indicators, and a classic “falling wedge” pattern on the daily chart are stirring serious interest across the crypto world.
Crypto traders watched as PI attempted to reclaim the $1 mark in May, only to face harsh rejection—resulting in another 11% slide in just one week. Yet now, fresh technical signals suggest that bullish momentum could be building, hinting at a dramatic turnaround as we approach 2025.
Q&A: What Signals Are Guiding PI’s Potential Breakout?
Q: What is the falling wedge pattern telling us?
The falling wedge is a bullish chart formation that typically forms after sharp declines. For PI, this pattern now stands out on the daily chart—marked by a series of lower lows and lower highs narrowing toward a point. Historically, such a setup suggests a breakout may follow—if volume and sentiment align.
Q: And what about key resistance?
PI’s price faces its ultimate test at the upper trendline of the wedge. If buyers muster enough force to break above, the next target could be the $0.90 resistance. Previous breakouts from similar patterns sent PI soaring, with gains of up to 115% in short order.
How Is the Momentum Shifting for PI?
Fresh analytics shine a light on PI’s underlying energy. Market observers, referencing the Moving Average Convergence Divergence (MACD) on the 2-hour chart, note that momentum now leans bullish. The critical 12 EMA has crossed above the 26 EMA—often a precursor to price strength.
Meanwhile, the Chaikin Money Flow (CMF) reveals renewed buying enthusiasm, with PI bouncing above the zero line for the first time since its correction. This sign of accumulation suggests that crypto investors are rotating back into PI ahead of a possible rally.
Check out trusted resources like CoinGecko and CoinMarketCap for live price movements and technical breakdowns.
How to Spot PI’s Next Move: Bullish vs. Bearish Scenarios
PI’s short-term trajectory now hinges on what happens at the $0.65 support and $0.70 golden ratio resistance levels:
– If support holds and volume ticks up, PI could break through $0.70, with the next upside target near $0.77 (the major Fibonacci level).
– If selling intensifies, PI risks tumbling back toward $0.60, invalidating the bullish reversal.
The risk-reward equation is razor-sharp—demanding close monitoring and disciplined trading.
What’s Next? Will 2025 See a PI Network Revival?
As 2025 unfolds, the PI Network’s next moves could shape the altcoin’s narrative for months to come. With bullish chart setups, resurging trading volumes, and momentum signals flipping positive, PI is inching closer to a make-or-break moment.
For more about the project, visit Pi Network and monitor industry updates from leading sources like Binance.
Ready to act? Keep these critical moves on your radar:
- Check chart setups: Watch for a break above the falling wedge trendline
- Monitor MACD and CMF indicators for bullish turns
- Set alerts for $0.65 support and $0.77 resistance
- Stay up-to-date via reputable crypto info platforms
- Consider risk carefully and consult a financial advisor
Stay alert—PI Network’s next price surge could catch the market by surprise!
