As of April 12, 2025, Pi Network (PI) is experiencing a significant rebound. After hitting an all-time low of $0.407 on April 5, PI has surged over 50% in the past week, currently trading around $0.735.
This rally has propelled its market capitalization to approximately $4.7 billion, placing it among the top 30 cryptocurrencies by market cap. The recent price surge is attributed to a combination of factors.
One of the main drivers behind the recent price surge is the Pi Network’s latest technological advancement — Satellite Mode.
Key Technical Levels to Watch For Pi
Support Levels:
- $0.54: Recent breakout point and a critical support level.
- $0.61: Fibonacci S1 support level.
Resistance Levels:
- $0.75: Recent high and a significant resistance point.
- $1.13: Fibonacci extension target if bullish momentum continues.
- $1.88: Long-term resistance level to monitor.
RSI Insights: Gauging Market Momentum
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. An RSI above 70 typically indicates overbought conditions, while below 30 suggests oversold conditions.
Recently, PI’s RSI reached 75 on the 4-hour chart, signaling strong bullish momentum. However, caution is advised as high RSI levels can precede price corrections.
Price Predictions: Short to Mid-Term Outlook
- April 2025: Analysts predict PI could reach up to $2.73 by the end of April if bullish trends persist.
- Mid-2025: Depending on market conditions and adoption rates, PI’s price could range between $1.80 and $2.10.
- End of 2025: Some forecasts suggest a potential rise to $3, contingent on continued growth and utility.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/pi-coin-price-prediction-and-key-levels/