Pi Coin is making waves today, rising 7.7% to trade at $0.4866 following a technically significant falling wedge breakout. This price rally, driven by a massive spike in trading volume and favorable market sentiment, marks a potential turning point for the token after weeks of consolidation. As Pi’s app ecosystem expands rapidly, market participants are increasingly optimistic about the Pi coin price. And I thought of bringing to you Perplexity’s Pi coin price prediction this week.
Perplexity’s forecast suggests Pi Coin is expected to trade within the $0.4470–$0.5200 range this week, with an average price near $0.4820. The AI model highlights that a breakout from a falling wedge pattern signals a reversal of prior bearish trends. This is while ecosystem growth and increased altcoin rotation fuel bullish momentum.
Perplexity believes that a strong support at $0.4470 could act as a cushion in case of market pullbacks. While the upside potential for Pi price remains open above $0.52 if current tailwinds persist.
Pi Coin’s price is up today due to a technically significant falling wedge breakout, a massive spike in trading volume, and favorable market sentiment stemming from its rapidly expanding app ecosystem.
Pi Coin’s bullish momentum is fueled by its recent falling wedge breakout, a massive spike in trading volume, expanding app ecosystem, and overall favorable market sentiment.
If the bullish sentiment sustains, the PI value could reach as high as $2.1007 this year.
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