Pi Network (PI) Drops to $0.838, Will It Return to ATH $3?

The price of Pi Network (PI) had dropped to $0.838 on March 28, 2025. This latest drop has caused the value of Pi Coin to plummet by 50% in just two weeks

Jakarta, pintunews – The price of Pi Network (PI) had dropped to $0.838 on March 28, 2025. This latest drop has caused the value of Pi Coin to plummet by 50% in just two weeks, leaving investors still holding the altcoin at a huge loss.

Nevertheless, the Pi Network community remains optimistic that this altcoin still has a realistic chance of touching the all-time high of $3 again.

As of March 28, 2025, at 06:45 (GMT+2), Pi Network is trading at $0.838. This represents a 5% decrease over the last 24 hours.

Currently, Pi Coin is facing challenges to break the $1 level again in the near future. In addition, profit-taking by traders after a short-term rally is also hampering the continuation of this uptrend.

On the hourly chart, it can be seen that Pi Coin briefly broke out of the descending parallel channel pattern. But now the price is moving back down to test the support level at the upper trend line. If this support fails to hold, then the Pi Network bearish trend could resume.

The volume histogram showed an increase in buying activity, which made the RSI indicator record a series of higher lows and reach the 52 level-signaling that some traders started buying the dip.

In addition, the green bar on the Awesome Oscillator (AO) indicator shows a bullish divergence. This is a signal that the price of Pi Coin has the potential to experience a reversal and break the psychological level of $1 again.

However, despite the positive signals from AO and the breakout from the downward pattern, an important question arises: can the Pi Network price really return to the ATH $3 level as before?

Aside from the bullish technical signals on the hourly chart, there are also a number of other indicators that point to an optimistic Pi Network price prediction – and that Pi Coin does have a realistic chance of hitting another all-time high of $3.

One of Pi Coin’s supporters, Dr. Altcoin, recently observed that some traders started buying when the price dropped. According to the analyst, one account was recorded buying 3.65 million Pi Network tokens in six separate transactions.

If more and more traders follow suit by buying at the bottom in anticipation of a price recovery, this could be the main trigger for a major rebound in Pi Coin’s price.

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In addition to the technical analysis and chart patterns, there are also a few bullish news events that could help propel Pi Coin to new highs.

The Pi Coin community remains hopeful that major exchanges like Binance will soon list this altcoin.

If Pi Coin is listed on Coinbase, then this altcoin will have access to the US crypto market, potentially driving high trading volumes and creating a rally to ATH levels.

There is also speculation that a spot ETF for Pi Coin may be launched in the near future. As with Solana (SOL), XRP (XRP), and Cardano (ADA)-all of which have received ETF filings-Pi Coin is also a US-made altcoin. The ETF filing could be a strong catalyst to increase market momentum.

Looking at these various possible catalysts, the Pi Network price does have a realistic chance of touching $3 ATH again.

If that were to happen, Pi Coin’s market cap would reach over $30 billion-which would place it among the ten largest cryptos in the world.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.