- Pi Network trades near $0.29 after breaking above all key EMAs as momentum builds ahead of PiDEX launch.
- MFI reaches 86 on the 1-hour chart as price tests $0.30 while CMF signals early distribution pressure.
- Kraken listing rumors and the v20.2 protocol upgrade fuel speculative positioning into March 14.
Pi Network price today trades near $0.2917, up 8.44%, posting its sharpest daily gain in weeks as a combination of ecosystem upgrades, exchange listing speculation, and technical breakout converge into a single session.
Daily Chart: Full EMA Stack Cleared For First Time In Months
The daily chart tells a story that has been building since mid-February. PI bottomed near $0.155 in early February and has since carved a steady recovery, but the move this week is categorically different. Price has broken above the 20-day EMA at $0.2099, 50-day at $0.1922, 100-day at $0.2021, and the Keltner Channel upper band at $0.2520 in a single sustained push.
That EMA stack had been resistance since October 2025. The fact that price closed above all four in the same session, rather than stalling at the first or second level, signals genuine momentum rather than a dead-cat bounce. The descending resistance trendline from the June 2025 highs is now the next test, currently sloping through the $0.30 to $0.32 zone, and price is knocking on that door.
Key daily levels:
- 20-day EMA support: $0.2099
- Keltner Channel upper band: $0.2520
- Descending trendline resistance: ~$0.30 to $0.32
- Next resistance above: $0.35 to $0.38
1-Hour Chart: MFI Overbought As CMF Turns Negative
The 1-hour chart shows the ascending trendline from the March 4 lows near $0.18 still intact, with price having broken sharply above it into the $0.29 to $0.30 zone. The MFI at 86.25 is deep in overbought territory, matching the same readings that preceded brief pullbacks during the earlier rally phases in February and early March.
Related: Solana Price Prediction: SOL Targets $94 Supertrend After Mastercard Partnership
The CMF at -0.08 is the cautionary note. It has flipped negative at the highs, suggesting that while price is pushing up, money flow is starting to rotate out rather than chase the breakout. That combination of overbought MFI and negative CMF typically signals a short-term cooldown before the next leg rather than a full reversal, particularly when the underlying catalysts are still 24 hours away.
PiDEX, v20.2 Upgrade, And Kraken Rumors Drive Positioning
Three catalysts are stacking ahead of March 14. The Core Team set a hard deadline of March 12 for all Mainnet nodes to upgrade to protocol version v20.2, a mandatory update with nodes missing the cutoff risking being left behind on the network. The prior v19.9 migration completed on March 8 and acted as the initial trigger for this week’s rally, making the v20.2 completion a continuation of the same momentum rather than a standalone event.
On March 14, the Pi Decentralized Exchange is widely expected to launch, marking the first native swapping mechanism within the PI ecosystem. For a network that has operated in relative isolation from DeFi infrastructure, a functioning DEX changes the liquidity picture materially and gives token holders utility beyond simple holding or transferring.
Layered on top of that, Kraken reportedly added PI to its 2026 roadmap earlier this year, and speculation around a formal listing announcement this weekend has grown loud enough to move price. None of this is confirmed, but traders are clearly not waiting for confirmation.
Outlook: Will Pi Network Go Up?
- Bullish case: PI holds above the Keltner Channel upper band at $0.2520 on any pullback, PiDEX launches successfully on March 14, and a Kraken listing announcement confirms. That combination targets the descending daily trendline at $0.30 to $0.32, with a break above opening the path toward $0.35 to $0.38.
- Bearish case: The catalysts disappoint, particularly if PiDEX launch is delayed or the Kraken listing rumor is denied. A rejection at $0.30 with CMF remaining negative would bring the $0.27 to $0.25 zone back into play. A full unwind of the catalyst-driven move could retest the $0.21 to $0.20 EMA cluster.
Related: Render Price Prediction: RNDR Stabilizes After Months of Selling Pressure as Leverage Returns Gradually
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Source: https://coinedition.com/pi-network-price-prediction-pi-jumps-toward-0-3-ahead-of-pidex-launch/