EddieJayonCrypto
12 Mar 25
Pi Network's native token, PI, has seen a 6% gain in the past 24 hours, trading at $1.47 at press time, following a few days of decline. The increase is attributed to market speculation about a potential Binance listing and the upcoming Pi Day announcements on March 14. Additionally, the deadline fo...
PI token has rebounded, showing a 6% gain and currently trading at $1.47. This surge is attributed to speculation about a potential listing on Binance and upcoming Pi Day announcements. The RSI and CMF indicators suggest the potential for further price gains, with PI eyeing a recovery after a 19% drop and aiming to breach the $1.62 resistance level, potentially reaching $2.
PI's 21.3% surge is fueled by growing speculation about a potential Binance listing and the upcoming Pi Day announcements. The deadline for KYC completion and PI holdings migration has also triggered a new wave of demand for PI, reflected in the steady rise of PI's RSI and positive CMF, indicating a bullish outlook.
If the bullish trend continues, PI could attempt to breach the significant resistance level of $1.62 and potentially rise above $2. However, a resurgence in profit-taking could invalidate this projection, leading to a downtrend with the price falling to $1.34.