Pi Coin, once hyped as a potential rival to Bitcoin and Ethereum, is facing a tough reality. After a massive market downturn, the token has plunged 24%, caught in a $160 billion crypto wipeout. Investors are on edge, wondering if this is just another dip—or the start of a bigger fall.
But there’s a twist. Despite the crash, technical indicators suggest a recovery could be on the horizon. Even more interesting, speculation about a Binance listing is gaining traction, which surge Pi by 50-100%.
Is it time for a comeback?
Pi’s decline follows a broader market sell-off, partly triggered by Trump’s tariff policies affecting global markets. Reports suggest that institutional investors, including BlackRock, have been selling Bitcoin and Ethereum, dragging down the entire market.
Currently, Pi Coin trades at $2.30, down 12.97% in the last 24 hours, with trading volume falling 56.7% to $1.53 billion. Its market cap now stands at $15.2 billion.
A Binance survey revealed that 86% of participants support listing Pi Coin on the exchange. If Binance adds Pi, it could improve liquidity, adoption, and global trading access. Analysts predict that a listing could push Pi above $3.67, with potential gains toward $4.20.
Pi Coin’s Relative Strength Index (RSI) sits at 31.36, nearing the oversold level of 30. When RSI falls below 30, it often signals that selling pressure is fading, which could lead to a price recovery.
Pi has also dropped below the lower Bollinger Band, a volatility indicator that suggests the token may be oversold and due for a bounce.
Key Levels to Watch
For Pi Coin to recover, it must break above $2.56, which could trigger a rally toward its all-time high of $3—a 44% jump from current levels. However, if it fails to gain momentum, Pi could slide further to $1.62.
With selling pressure easing, the big question is whether buyers will step in to drive Pi higher or if the downtrend will continue.
Pi Coin surged due to renewed investor interest, easing selling pressure, and speculation about a potential Binance listing.
Binance hasn’t confirmed, but a survey showed 86% support. A listing could boost liquidity, adoption, and Pi’s price potential.
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