Breaking the Downtrend, Is Pi Coin Preparing to Rise to $0.78?

Pi Coin is currently bouncing back after a strong bullish run from a recent low of $0.47. The token peaked above $0.65 within 72 hours, supported by increasing volume, technical breakout, and the recovery of the market in general. At the time of writing, PI is trading at $0.5653, according to CoinMarketCap. Pi Coin Breaks Out of the Falling Wedge Pattern as the Bullish Momentum is Forming Pi Coin has broken out of the descending wedge pattern on the 4-hour chart, signaling a bullish reversal. The closing price above the upper resistance boundary formed a strong candle and confirmed the breakout.

This structure supports a bullish potential of 30%, bringing this token close to $0.78. A rounded bottom has also formed and matured, further reinforcing the bullish conditions. A breakout of the neckline could drive an additional 28% bullish move.

CoinMarketCap data shows that Pi has increased by 4.93% in the past seven days. Trading volume surged by 43.11%, reaching $280 million in 24 hours, indicating strong interest from traders. RSI reached 81 during the bullish phase, reflecting high momentum, although there may be a short-term correction. Speculations About Pi Network and Market Sentiment Supporting the Bounce Back Co-founder of Pi Network, Nicolas Kokkalis, participated in an AI workshop at Consensus 2025. Subsequently, the network confirmed an upcoming announcement at the Pi2Day event, raising speculation about the potential integration of AI or partnerships. At the same time, the global cryptocurrency market capitalization increased by 4.2% on Tuesday, helping Pi Coin to rise higher. A post from Coin Edition mentioned that PI holds a structure above $0.5824. A bounce back to $0.6273 could push the price up to $0.70.

Analyst Dr. Altcoin stated, “The news of a ceasefire between Israel and Iran is positive for Pi. Pi is unlikely to drop below $0.40.” Pi Network has also launched a $100 million startup fund to support utility-based projects in its ecosystem.