{"id":3474,"date":"2025-04-14T14:58:00","date_gmt":"2025-04-14T13:58:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=3474"},"modified":"2025-04-14T14:58:02","modified_gmt":"2025-04-14T13:58:02","slug":"pi-network-pi-set-break-1-this-week-what-trigger-surge","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/pi-network-pi-set-break-1-this-week-what-trigger-surge\/","title":{"rendered":"Pi Network (PI) Set to Break $1 This Week ? Here’s What Could Trigger the Surge"},"content":{"rendered":"\n

PI Network : An Unexpected Comeback<\/strong><\/h2>\n\n\n\n

After plummeting to $0.40<\/strong> on April 5th, the PI token<\/a> showed remarkable resilience. It surged by 84%<\/strong> within a week. Amid a broader market recovery, this altcoin<\/a> witnessed an increase in demand, giving bulls the opportunity to regain control.<\/p>\n\n\n

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\"pi<\/figure>\n<\/div>\n\n\n

Source: TradingView<\/p>\n\n\n\n

The technical indicators of PI<\/strong> are sending bullish signals. Firstly, its Moving Average Convergence Divergence (MACD<\/strong>) indicator generated a buy signal on April 5th, just after hitting its lowest point. The crossover of the blue line (MACD) above the orange line (signal) indicates a resurgence of positive momentum<\/strong>. Moreover, the gradual increase<\/strong> in the size of the MACD histograms reflects a growing demand for this cryptocurrency<\/a><\/strong>.<\/p>\n\n\n\n

\"pi<\/figure>\n\n\n\n

Pi BoP. Source: TradingView<\/p>\n\n\n\n

Additionally, PI’s Balance of Power (BoP) indicator<\/strong> shows a positive value of 0.52, reflecting buyers’ dominance over sellers. This relative strength indicator<\/a> of buyers versus sellers supports the assumption of a resurgence of PI.<\/p>\n\n\n\n

Towards the Mythical $1 Threshold ?<\/strong><\/h2>\n\n\n\n

The current momentum of PI<\/strong> is unfolding in an ascending parallel channel, a bullish technical pattern characterized by a series of higher highs and higher lows. This pattern signals a sustainable positive trend, with a gradual market control by buyers. Some temporary pullbacks are also noted.<\/p>\n\n\n

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\"Pi<\/figure>\n<\/div>\n\n\n

If this bullish trend<\/strong> continues, PI could reach a price of $0.95. However, a trend reversal and a loss of recent gains could bring it back to $0.40, its historical low<\/strong>.<\/p>\n\n\n\n

Although the path to the coveted $1 threshold remains uncertain, PI’s current technical indicators suggest a short-term upward potential<\/strong>. Informed investors will have the opportunity to position themselves on this altcoin in full resurgence.<\/strong> If you wish to invest in the Pi Network today, you can use the Weex <\/strong>platform. A welcome offer awaits you.<\/p>\n\n\n\n

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Complete your KYC on Weex and receive 10 USDT !<\/a><\/div>\n<\/div>\n\n\n\n

More on this topic :<\/strong><\/p>\n\n\n\n