Pi Coin Defies Market Slump with 9% Surge, Shows Strong Bullish Signals
Pi Network’s price jumped 9% to $0.798 in the last 24 hours, bucking a broader crypto market dip of 1%. Despite a 33% weekly decline, PI maintains impressive gains of 37.5% over two weeks and 25% monthly.
Trading volume has increased alongside improving technical indicators, with Pi rebounding from recent lows. This recovery aligns with network utility enhancements that may catalyze further upside potential.
The 4-hour chart reveals a structured breakout pattern, prompting analysts to identify long-term price targets that could significantly revalue PI. Market observers highlight the altcoin’s notable resilience during current bearish market conditions.