Pi Network News: Pi Coin Surges from Record Lows – Is $1 Next?

The post Pi Network News: Pi Coin Surges from Record Lows – Is $1 Next? appeared first on Coinpedia Fintech News

The Pi Network community is feeling both frustrated and hopeful as Pi Coin’s price continues to move unpredictably. After dropping to an all-time low of $0.40, the token surprised everyone by jumping 70% in just a few days, finally settling at a 45% gain. Now, many are asking the big question: could this be the start of a climb back toward $1?

PI Price Offers New Hope

After weeks of struggling, Pi Coin has finally made a strong comeback, jumping 40% to $0.56. This sudden rise has given investors new hope, with many wondering if the token could finally reach $1.

Recent market data shows Pi Coin may be moving out of its downward trend. The Relative Strength Index (RSI) is now at 52.13—above the neutral 50 level, but still below the “overbought” zone. This suggests that buying interest is picking up, but not at an unsustainable pace.

Market Sentiment Begins to Shift

A key signal of growing investor interest is the Chaikin Money Flow (CMF) indicator, which shows a rise in positive inflows. This means more money is entering the Pi Network, likely because investors believe the recent low of $0.40 may have been the bottom.

For months, many investors stayed away from Pi Coin as its price kept falling. But now, signs of recovery are starting to build confidence again. If the current trend continues, Pi Network may be heading toward further growth.

Another important factor is Pi Network’s connection to Bitcoin. While the correlation remains low at 0.24, it has improved. If Bitcoin continues to rise, Pi Coin could benefit from the overall strength of the crypto market.

Pi Coin Price Analysis

Pi Coin’s bounce to $0.56 shows how quickly things can change. If the current momentum continues, the next target could be around $0.87—and possibly even the long-awaited $1 mark. Hitting that level would likely restore more faith in the project and attract new investors.

However, risks remain. If bearish trends return and Pi Coin drops below its key support level of $0.50, the price could fall back to $0.40 or lower. That would erase recent gains and raise new concerns about the token’s future.