2025-6-26 21:30 |
Pi coin price has seen a 26% spike in the past 3 days at the time of writing. What is behind this spike? The move has taken Pi coin from its recent bottom to around $0.64, breaking out of a clear downward trend that had lasted over a month. Somen analysts believe this could be the start of a stronger recovery phase for Pi Network.
Crypto analyst Joe Swanson point out the potential breakout before it happened. He shared a chart showing Pi coin breaking through a long descending trendline, which is exactly what the current chart confirms. The price had been trapped in a downtrend since mid-May, constantly pushing lower until it hit strong support around the $0.50 zone. The moment Pi coin pushed above the trendline and held that breakout, buyers stepped in.
$PI breakout as predicted a few days ago.
This could be the beginning of a sustained uptrend.
Upcoming #Pi2day2025 can logically fuel the ascend!
Stay vigilant!#Pi #picoin https://t.co/SaDWHjjvlc pic.twitter.com/6FNI9n46If
Joe Swanson suggested this could be the beginning of a sustained uptrend, especially with Pi2Day 2025 around the corner. That event, which celebrates the Pi Network’s ecosystem, has historically driven interest and bullish momentum around Pi coin price. His analysis was spot on. The breakout played out just as he anticipated, and price action is now moving confidently above that downtrend.
Sjuul Sees Whale Activity and Technical SignalsAnother analyst, Sjuul from AltCryptoGems, pointed out that Pi coin has risen over 15% this week, largely driven by new investor interest. According to him, the Pi Core Team has likely triggered this surge through recent positive signals from technical indicators. He believes that the fresh momentum has not just attracted small traders, but even whales are entering the Pi coin market.
@AltCryptoGems / XThat aligns with the strong green candles seen recently, showing rising volume and conviction in the move.
Pi News also commented on the price movement, noting that Pi coin has surged 16% in the past 24 hours alone. According to them, a big part of this excitement is coming from the upcoming Pi2Day celebration, which is building anticipation across the Pi Network community.
But it’s not just hype. The entire crypto market has been showing strength lately, and Pi coin seems to be following the broader bullish sentiment. With altcoins gaining traction and investors looking for fresh plays, Pi price has found the perfect moment to bounce back.
Pi Network's token ($PI) has surged 16% in the past 24 hours. While this could mark the beginning of a sustained upward trend, the price movement is likely fueled by a combination of anticipation for the upcoming #Pi2Day celebration and the current bullish market conditions. pic.twitter.com/XKBsf9Yutw
— Pi News (@PiNewsMedia) June 25, 2025 Traders Target $1 As Sentiment Turns BullishJohn Lang, another Pi Network community member and trader, shared that he entered a long position around $0.50 and believes Pi coin could hit $1 in the coming days. His confidence is based on the recent bullish momentum and the sentiment building up across social platforms. He cautioned others to manage risk, especially those using leverage, but his tone reflects growing optimism that Pi coin is finally getting back on track.
@johndelulu247 / XThe recent breakout above the descending trendline is a strong technical signal. If the Pi coin price can stay above this breakout zone and continue pushing higher, more traders could join the rally. With Pi2Day 2025 approaching and analysts like Joe Swanson and Sjuul highlighting positive catalysts, Pi Network looks set for more upside in the short term.
Read Also: $1,000 in Shiba Inu Could Turn Into $60K If SHIB Hits This Price – But There’s a Catch
Still, traders will be watching closely to see if Pi price can hold above $0.60 and move toward key psychological levels like $0.80 and $1. If it does, this may not just be a short-term pump but the beginning of a larger trend reversal for Pi coin.
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The post Pi Coin Price Surges Past Key Level: Is a Run to $1 Now in Sight? appeared first on CaptainAltcoin.
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