Pi Cryptocurrency Primed for Epic Phoenix Rebound in 2025
Forgotten altcoin Pi—once dismissed as 'academic vaporware'—is showing eerie similarities to Ethereum's 2018 recovery pattern. Traders who wrote it off may get burned.
Why the sudden heat?
The mobile-mined token finally cracked mainnet validation last quarter. Now exchange listings are snowballing—Binance just added PI/BTC pairs after retail demand spiked 300%. Whale wallets accumulating since June suggest institutional FOMO brewing.
Technical breakout incoming?
PI's chart mirrors ETH's historic rebound setup: three years of sideways purgatory, then a parabolic 50x run. The 200-week moving average just flipped support. MACD histogram ticks upward for the first time since 2022.
Risks remain—developers still haven't delivered sharding. And let's be honest: half the 'hodlers' forgot they had PI dust in old wallets (classic crypto 'diamond hands' discipline). But when a sleeping altcoin wakes up... it tends to scream.
Wall Street analysts will call this 'irrational exuberance'—right before furiously backtesting entry points. The phoenix always rises from the ashes... usually when shorts get too comfortable.
Pi Coin price technical analysis
Despite pressure, the Pi Network price has formed several bullish technical structures. Notably, it has formed a double-bottom pattern at $0.4087, marking its lowest swing levels in April and June.
Pi coin has also formed a falling wedge pattern, a common bullish reversal indicator. As a result, the token is likely to bounce back and potentially retest the psychological level at $1. A MOVE above that level would open the door to further gains toward the double-bottom’s neckline at $1.66.
