Price Analysis
  • Sahana Vibhute
    author-profile
    Sahana Vibhute right arrow
    Author

    A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

    • 2 minutes read

    Pi Price Reaches Critical Range: Can Bulls Push the Rally to $0.3 & Trigger a 20% Rise?

    Story Highlights
    • Pi is testing a critical range near $0.25โ€“$0.28, and a breakout above $0.30 could trigger a 20% rally toward $0.34โ€“$0.36.

    • Exchange outflows and rising volume support a bullish structure, but rejection at $0.30 risks a pullback toward $0.23โ€“$0.24.

    The crypto markets are consolidating after the brief recovery from the recent losses led by a huge liquidation. In the meantime, Pi Networkโ€™s native token, PI, is back in focus after a sharp rebound over the past 24 hours, with price movements suggesting that bulls are preparing for a bigger breakout. Trading sentiment has improved notably as the PI price now tests a crucial range between $0.25 and $0.28, a zone that has historically acted as both resistance and a short-term supply block. With momentum building up, traders are speculating whether a clean reclaim of $0.30 could trigger the next 20% upside extension.

    Pi Price Analysis: Is a 20% Breakout Possible This Month?

    In the last 24 hours, the PI price has surged more than 10โ€“12%, briefly tapping the upper boundary of its consolidation band. This recovery comes amid rising activity across centralized markets, with 24-hour trading volumes climbing and a significant portion of tokens flowing out of exchange walletsโ€”often interpreted as a sign of accumulation by committed holders.

    The $0.25โ€“$0.28 pocket is key because it marks the last area where sellers consistently rejected upside attempts over the past two weeks. A daily close above this band would flip it into support and pave the way for a move toward the critical $0.30 resistance, a level PI has struggled to hold throughout October and November.

    pi price

    Piโ€™s broader market structure is turning decisively bullish. For the first time since inception, PI has broken above the Ichimoku Cloud, signaling the start of a potential trend reversal. Momentum is supported by a steadily rising OBV, reflecting consistent buy-side pressure. Price action has now reached the neckline of a developing double-bottom, or โ€œW-shaped,โ€ pattern between $0.28 and $0.29. A brief consolidation in this zone appears likely, but the overall setup suggests an impending breakout. If bulls secure a clean move above this neckline, PI could accelerate into a fresh bullish phase with stronger upside targets ahead.

    Is a 20% Breakout Possible This Month?  

    A sustained close above $0.30 would activate Piโ€™s double-bottom breakout structure, opening the path toward $0.34โ€“$0.36, aligning with the anticipated 20% rally. Rising volume, continued exchange outflows, and improving sentiment reinforce this setup. In the near term, traders will watch for a solid hold above $0.28, followed by a high-volume push through $0.30. Any consolidation above this range would strengthen the breakout case, while rejection could send PI back toward $0.23โ€“$0.24 before another attempt.

    Pi is approaching a decisive moment. A reclaim of $0.30 could confirm a trend reversal and trigger a rapid upside move, while failure to break out may delay, but not invalidate, its emerging bullish structure.

    Trust with CoinPedia:

    CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

    Investment Disclaimer:

    All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

    Sponsored and Advertisements:

    Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

    Show More

    Related Articles

    Back to top button