Pi Network (PI) Price Explodes 80% After Bouncing From Monthly Lows, Targeting 135% Move to $1.77

After sinking to monthly lows in early April, Pi price has bounced back with an impressive 80% rally, currently trading at $0.7556.

Pi Network is making headlines again as its price chart lights up with an impressive 80% rally from monthly lows hit in early April. After touching $0.7575, the coin is now encountering resistance at $0.75, a level breached after a brutal 86% decline from its peak of $2.81. Most of the top 10 coins are showing mild gains, while Pi coin has managed to surge sharply.

This breakout is being aided by bullish signals from MACD crossover, rising RSI at 64.41, and increasing histogram bars, all denoting strong momentum. However, investors are also keeping an eye on the possibility of Pi Network listing on major exchanges like Binance, Coinbase (NASDAQ:), and Kraken platforms. These listings could inject massive liquidity into Pi’s ecosystem.

Moreover, Pi Network has confirmed its plans for a token burn. With mining rewards and token unlocks putting pressure on supply, this burn mechanism is designed to tighten circulation and support higher prices. If these exchange listings and burnout rollouts align, the Pi price could very well be on track for that projected 135% surge, possibly even revisiting the $1.77 level sooner than expected.

Pi Network Technicals, Burn Plans, and Exchange Buzz Fuel 80% Rally

The trading day of April 13th started with bullish momentum initiated by a golden cross on the MACD line at midnight. Fueled by overbought situations at 02:20 UTC and 12:35 UTC, the price faced resistance at $0.7799. This upward move reflected strong buying interest early in the day.

However, the momentum didn’t last long. A death cross on the MACD line signaled a trend reversal, initiating a downward channel. The price faced multiple oversold situations, first at 15:00 UTC and then again at 21:00 UTC. These RSI dips highlighted strong selling pressure, dragging the price lower toward its intraday support level.

Chart 1, analyzed by ShwetaCW, published on TradingView, April 14, 2025

As shown in the PI/USDT chart, at 22:20 UTC, the MACD flashed another golden cross, hinting at a possible recovery. On April 14th, the price did show bullish strength, but that too was cut short as a death cross emerged at 04:25 UTC, suggesting another pullback might be underway.

According to Pi price prediction, if the bearish momentum continues, it could break the current support of $0.7038 and aim for $0.6500. Alternatively, if the trend reverses, it could break the current resistance of $0.7799 and aim for $0.8000 and higher.

Pi Network Price Prediction

In conclusion, Pi Network’s recent surge signals strong bullish momentum, driven by positive technical indicators and increasing investor excitement. If the trend continues, Pi price could potentially break past its current resistance and target $1.77. Keep an eye on developments with exchange listings and the burn mechanism to fuel further gains.