Market Cap: $2.6733T -0.410%
Volume(24h): $43.1767B -58.530%
  • Market Cap: $2.6733T -0.410%
  • Volume(24h): $43.1767B -58.530%
  • Fear & Greed Index:
  • Market Cap: $2.6733T -0.410%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$83866.330841 USD

1.10%

ethereum
ethereum

$1813.856658 USD

1.17%

tether
tether

$0.999635 USD

-0.01%

xrp
xrp

$2.119598 USD

3.11%

bnb
bnb

$597.151856 USD

0.66%

solana
solana

$121.000827 USD

4.92%

usd-coin
usd-coin

$0.999962 USD

-0.01%

dogecoin
dogecoin

$0.169845 USD

5.02%

cardano
cardano

$0.659954 USD

1.59%

tron
tron

$0.238468 USD

-0.33%

unus-sed-leo
unus-sed-leo

$9.192940 USD

-3.85%

chainlink
chainlink

$12.887613 USD

1.16%

toncoin
toncoin

$3.312822 USD

-6.18%

stellar
stellar

$0.259431 USD

-0.16%

avalanche
avalanche

$18.154746 USD

0.32%

Cryptocurrency News Articles

Pi Network's Current Listing on BTCC Has Driven Conjecture About Pi Coin's Potential to Hit the $1 Mark.

Apr 02, 2025 at 04:45 pm

Pi Network's current listing on BTCC has driven conjecture about Pi coin's potential to hit the $1 mark. Although the listing has improved accessibility, Pi token's value is erratic and trades roughly at $0.72 after a 22% weekly drag.

Pi Network's Current Listing on BTCC Has Driven Conjecture About Pi Coin's Potential to Hit the $1 Mark.

Pi Network’s current listing on BTCC has sparked speculation about the potential for the Pi coin to hit the $1 mark. While the listing has unlocked greater accessibility to the token, the token’s value has been subject to significant fluctuations.

Despite a 22% weekly drag and a 60% decline in the last month, the Pi token has displayed resilience, and experts suggest that several factors could contribute to its recovery.

According to technical analysis, a double-bottom formation and key Fibonacci retracement levels suggest a bullish possibility, especially as the token trades at a critical juncture. However, despite the listing on BTCC, Pi still faces limited exchange support, which could hamper its ability to realize sustained gains.

Moreover, the broader cryptocurrency market is still navigating a volatile landscape, which could pose further challenges to the Pi token’s price action. In the case of a breakout above a major resistance zone, the token could experience a surge in momentum, leading to more significant gains.

However, if the sellers manage to maintain control and push the price lower from current levels, then we could see more weakness in the token, setting the stage for a continuation of the downtrend.

Pi Network Market Analysis & Price Outlook

Although Pi coin is listed on BTCC, its market performance still varies.

The token has lost more than 60% in the last month, but it recently bounced back to about $0.72.

The reduced token releases in April (124.32 million Pi tokens) might help ease downward pressure and hence perhaps stabilize the pricing.

Technical indicators suggest a turnaround might be possible. Key Fibonacci retracement levels and a double-bottom formation suggest a bullish possibility.

However, the PI token needs more universal exchange acceptance outside BTCC for consistent development. A Binance or Coinbase listing would really raise investor confidence and liquidity.

Market circumstances are still very changeable; the value of the token is mostly speculative.

While some experts see chances for growth toward $1, others caution that restricted utility and exchange constraints may impede benefits. If the Pi coin breaks major resistance levels, it might gather momentum. Otherwise, sustained selling pressure could drive it lower. For confirmation signals, volume patterns and prospective currency changes should be monitored.

Let’s take a look at the Pi price prediction to see how this development impacts the price of the Pi token.

Pi Price Prediction for April 2, 2025

On the 15-minute graph of PI/USDT, the price is consolidating around important support at $0.68. If this level stays, there is a chance of a turnaround heading for the resistance range of $0.71–$0.72. But a breakdown below $0.68 would set off still more downside to $0.66.

Chart 1: Analysed by vallijat007, published on TradingView, April 2, 2025

Though showing neutral momentum, the RSI is at 46.53; it has jumped from oversold levels, hence implying some buying activity at lower levels. We can also see that MACD is currently in a sell signal but is approaching a potential crossover, which might suggest a change in momentum.

PI has to break above $0.70 and continuously advance toward resistance at $0.72–$0.75 for bullish verification. Otherwise, persistent weakness might justify a retesting of lower support levels. Confirmation of a rise comes from an RSI shift above 50 and a MACD bullish crossover; traders should keep an eye on these.

What’s Next for Pi Network? Key Levels to Watch

Pi Network‘s price behaviour is still in a tight consolidation phase as it shows a potential breakout from a key resistance level. Technical indicators suggest a breakout to the upside. Could Pi token be pushed toward $0.75 and maybe beyond, depending on a sustained move above $0.70 resistance? Or will a failure to hold $0.68 support generate more selling pressure, setting the stage for a continuation of the decline toward $0.63?

Finally, let’s not forget the importance of the macroeconomic outlook and broader cryptocurrency market trends in the broader scheme of things. A more bullish market could certainly help amplify any gains in Pi token. Conversely, any significant market turbulence or a broader cryptocurrency bear market could pose challenges for the token’s recovery.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 06, 2025