Pi Coin (PI) Price Prediction: Market Cap Approaches $500M as Value Rises Over 12%

Pi Coin is again capturing attention, with its value rising over 12% within 24 hours. This climb created considerable optimism among both investors and analysts.

Pi Coin (PI) price is again capturing attention as it has risen more than 12% within the past 24 hours. The token’s climb has created considerable optimism among both investors and analysts.

As seen in chart 1, Pi Network is displaying a bullish ascending triangle pattern on its four-hour chart. The pattern and a recent move above the $0.65 resistance level suggest a strong likelihood of further upward price action.

Chart 1 – Provided by muthonikiama09, published on TradingView, April 12, 2025.

The RSI provides support for this setup, currently reading 66. This value shows growing momentum, but there is room for more growth before hitting overbought levels.

Furthermore, the MACD indicator recently showed a bullish crossover, confirming the upward price trend. These signals suggest buying interest is intensifying, supporting potential gains soon.

The key question is whether Pi Coin can maintain this drive and surpass the critical $1 barrier.

Real-world utility drives confidence in PI Coin

One factor behind the Pi price surge might be its expanding real-world utility. For example, several skincare shops in South Korea have begun accepting Pi Coin as a valid payment method.

Similarly, Florida’s Zito Realty, a well-known real estate firm, embraced PI to complete property deals. These actions highlight Pi Network’s evolution into a useful financial tool, moving beyond just a speculative asset.

The growing adoption mirrors a broader trend of digital assets being integrated into daily business activities. These practical applications enhance investor confidence and strengthen the token’s underlying value.

As people continue using Pi for everyday purchases, its reputation as a reliable cryptocurrency grows. This development could potentially lead to sustained demand and a Pi price surge over time.

Technical indicators signal upward pressure

As seen in chart 1, Pi Network is displaying a bullish ascending triangle pattern on its four-hour chart. The pattern and a recent move above the $0.65 resistance level suggest a strong likelihood of further upward price action.

Market analysts predict a robust Pi price surge might occur if the coin surpasses the $0.73 Fibonacci retracement mark. Such a move could push it nearer to the significant $1 target.

The RSI provides support for this setup, currently reading 66. This value shows substantial room for growth before hitting overbought levels.

Moreover, the MACD indicator recently showed a bullish crossover, confirming the upward price trend. These signals suggest buying interest is intensifying, supporting potential gains soon.

Macroeconomic trends may accelerate growth

Global economic factors could lead to a further increase in the token’s price. The Federal Reserve indicated possible rate reductions aimed at stabilizing financial markets.

Normally, lower interest rates boost available funds and encourage investment into riskier assets like cryptocurrencies. This policy change might attract increased institutional and retail attention to Pi Coin, adding more pressure for the token’s price to rise.

Additionally, platforms like Banxa have made getting Pi Coin easier for users. They now allow purchasing and using the token via cards and digital payment systems.

Banxa’s acquisition of 30.5 million Pi Coins, valued at nearly $19 million, hints at growing institutional confidence in this cryptocurrency’s future.

Such events point toward a developing ecosystem, aligning with macroeconomic trends that favor crypto investments.

Is Pi coin on the verge of a breakout?

With its increasing adoption, strong technical signals, and favorable macroeconomic conditions, Pi Coin seems poised for additional gains.

The token has already cleared significant resistance points and benefits from positive market indicators. Ongoing adoption by various businesses and easier access through fintech services strengthen the case for its lasting utility and value.

However, investors should proceed with caution despite these encouraging signs. Cryptocurrency markets are inherently volatile, and while Pi’s core strengths are improving, consistent growth depends on sustained adoption.

Regulatory developments and overall market conditions will also play crucial roles. Still, if the current trends hold, Pi Coin could hit the $1 level and secure a strong position within the crypto landscape.