Pi Network Price Breaks Free from Bearish Grip—Is a 60% Rally on the Horizon?

The post Pi Network Price Breaks Free from Bearish Grip—Is a 60% Rally on the Horizon? appeared first on Coinpedia Fintech News The Pi Network price has undergone a strong breakout, rallying over 8% since the early trading hours. The token is trading around $0.48, with short-term resistance levels being tested amid rising interest from both developers and investors. The growing traction within its decentralized ecosystem, combined with significant whale activity and speculation around major exchange listings, is fueling the price momentum. Although the project is still waiting for a full open mainnet launch, the technicians and on-chain metrics point towards a bullish continuation to $0.6. Whale Accumulation, Reduced Supply Pressure Boost Price Stability The current PI price trend is heavily influenced by large-scale accumulation. A notable wallet recently acquired over 331 million PI tokens, triggering bullish sentiment across the network. This move coincided with a sharp drop in PI available on exchange-like markets, indicating low supply pressure. Historically, accumulation followed by tight supply has preceded major rallies in similar altcoins. Beyond the technicals, the fundamental backdrop for Pi Network is also evolving. The recent launch of Pi App Studio and hundreds of new dApps is creating developer demand for the token. However, the token is yet to get listed on popular platforms like Binance or OKx that may drive liquidity and institutional exposure, pushing the price beyond the $0.75 target later this year. Pi Price Prediction: How High Can it Rise in 2025 The PI price underwent a parabolic recovery but yet again failed to surpass the resistance zone between $0.52 and $0.526, which has now become a pivotal one to secure. Currently, the bulls have grown weak after pushing the price above $0.5, and as a result, the price has faced a small pullback. This pullback is expected to persist for a while, which may compel the price to test the local lows around $0.43 in the short term. However, the rebound seems to be dependent on the market sentiments and the buying volume. The short-term price action suggests the price is facing notable selling pressure, due to which a pullback to $0.44 could be on the horizon. The 4-hr MACD shows a drop in the buying pressure, while the stochastic RSI is plunging after rising above the upper threshold. This suggests the bears have begun to extract and continue to do so until it does not test the local support. The price may rebound, but the intensity of the recovery could completely depend on the strength of the bulls. With bullish technical structures aligning with ecosystem expansion and whale-driven accumulation, Pi Network is positioned for further upside in the short term. The immediate breakout target is $0.60, followed by $0.75 if major exchange listings or continued dApp growth materialize. Nonetheless, PI is emerging as a technically intriguing asset in the altcoin space as we head into Q3 2025.