PI coin could be on the path to higher highs | Credit: Hameem Sarwar
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Key Takeaways
Pi Network price is showing bullish momentum and testing key resistance at $0.19.
A breakout could push the price toward $0.24, but conditions are slightly overheated
Holding $0.17 support is crucial, but losing it risks a drop back toward $0.13.
After a relatively quiet start to April, Pi Network (PI) is picking up momentum heading into the end of the month.
The token has climbed about 10% over the past week, with bullish sentiment building again.
At the time of writing, PI is hovering near $0.19—but it’s now approaching a key level that could determine its next move.
Here’s what’s driving the momentum and the levels traders are watching next.
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PI is showing renewed strength after breaking out of a descending pattern and rallying toward a key resistance zone near $0.19.
The move suggests a structural shift, with bulls now defending higher lows and pushing the price toward a potential breakout.
On the 4-hour chart, PI invalidated a bearish descending wedge before accelerating higher.
That breakout opened the door for a continuation move, with price now testing a level that has previously capped upside.
Momentum indicators are also leaning bullish.
The Money Flow Index (MFI) sits above 82, signaling strong capital inflows—though it also suggests the move may be overheating in the short term.
Meanwhile, the Awesome Oscillator (AO) remains in positive territory and is building fresh green histogram bars, suggesting bullish momentum is still expanding.
That combination often precedes either a breakout surge or a brief cooldown before continuation.
Notably, the immediate focus is the $0.19 resistance zone.
A move above it could confirm a broader breakout and expose the psychological $0.20 level as the next upside target for PI’s price.
If momentum accelerates, bulls may even attempt an extended push beyond that zone.
Mobile Mining Dominance Adds to the Thesis
Beyond the short-term chart structure, broader ecosystem strength is also reinforcing investor confidence in PI’s current move.
The ecosystem continues to dominate the mobile mining sector, with a market cap of about $1.85 billion out of a total of $1.94 billion, giving it roughly 95% market share.
Momentum is further supported by the upcoming Protocol 22 upgrade, which introduces smart contract capabilities and expands long-term utility.
In addition, founders Chengdiao Fan and Nicolas Kokkalis are set to speak at Consensus 2026 in Miami, boosting visibility and credibility.
Together, these catalysts reinforce sentiment and strengthen breakout continuation potential for the PI coin price.
PI Price Forecast: Critical Zones to Watch
On the daily timeframe, the PI coin is attempting to stabilize after an extended downtrend, with price climbing off the $0.13 base and reclaiming the $0.18 region.
Momentum is improving, but it remains measured.
The Relative Strength Index (RSI) is trending upward toward bullish territory.
At the same time, the Moving Average Convergence Divergence (MACD) has crossed above zero, suggesting a gradual shift in sentiment rather than aggressive buying.
That said, the structure now hinges on a few decisive levels.
The $0.20 zone, aligned with the 0.382 Fibonacci level, is acting as immediate resistance and continues to cap upside attempts.
A sustained daily close above it could unlock a move toward $0.22, with $0.24 as the next major ceiling.
Conversely, failure to break through would likely keep PI’s price ranging.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
