- Pi Coin trades at $0.8287, with rising buying activity hinting at a potential bullish breakout in Q2 2025.
- Technical indicators show Pi Coin forming an ascending triangle, signaling a possible price surge past $1 soon.
Pi Coin has experienced notable price fluctuations over the past months, with traders closely monitoring its market movements. Following its launch, Pi Coin initially surged to $2.98; later, it saw a sharp decline, trading below $1. However, analysts suggest that Pi Coin may be poised for a recovery in the second quarter of 2025. Market indicators and technical patterns point to a potential upward trend, with projections indicating a rise in value.
According to a previous report from ETHNews, Pi Coin has been trading within a volatile range, showing signs of recovery and resistance. At the time of writing, the Pi is priced at $0.8287 after fluctuating between a daily high of $0.8691 and a low of $0.8131. The asset recorded a 1.60% decline in the past 24 hours, reflecting ongoing market uncertainty.
Despite its recent downturn, Pi Coin’s market cap has risen to approximately $5.79 billion, supported by increased trading volume. The 24-hour trading volume grew by 17.63%, reaching around $382.62 million. Analysts note that while bearish pressure has dominated recent trends, buying activity is gradually increasing, indicating a possible shift toward bullish momentum.
Technical indicators suggest that Pi Coin remains in a consolidation phase, with resistance forming near the $1.2 mark. Market sentiment, as reflected in the Fear and Greed Index, stands at 33, signaling cautious trader behavior. Although the cryptocurrency has yet to break out of its descending trend, a surge in demand could push prices higher in the coming months.
Pi Technical Analysis Points to Potential Breakout
An analytical view of Pi Coin shows it has been trading inside a descending parallel channel. The coin has been in a continuous downward trend with the formation of lower highs and lower lows, suggesting that the selling pressure has been unabated. However, technical charts now point to the fact that the breakout may be near, as there is a consistent build-up of bullish signals.
Currently, market analysts have identified an ascending triangle pattern that characterizes the short-term charts of Pi Coin. This pattern is usually expected when there is a breakout past the resistance levels and is largely favored during an uptrend. The movement in the relative strength index (RSI) has touched an oversold level, which could imply that selling pressure is on the downside. Based on this formation, the target for the coin is to rise above the horizontal line with a target of up to 15%.
Also, the Ichimoku cloud’s upper and lower conversion lines are directed toward a bullish crossover. This technical development may function as a support level for Pi Coin’s price, enabling it to have an upward trend. If buying pressure continues in the present, as analysts predict, the cryptocurrency will hit $1 soon.
Q2 2025 Price Forecasts Indicate Uptrend
The values for Pi Coin look relatively positive for the second quarter of 2025. The value of the Pi is expected to go up significantly, and according to April’s projection, it may even crash to $3.98. This estimate is 380% more than the current scenario.
It is estimated that Pi Coin’s worth will lie between $2.10 and $3.13 in May, and in June, it is expected to touch up to $3.39. The forecast for June is the lowest at $2.87 due to the expectation of a continued bullish run. The expectation for an increase in the asset’s value results from overall optimism in the market and the integration of more companies into the use of Pi Coin’s ecosystem.
