Pi Network Recovers 80% in a Week

Pi Network Recovers 80% in a Week — Will PI Retake $1?

Pi Network Recovers 80% in a Week — Will PI Retake $1?

April 24, 2025 • By kitsud • 2,311 views • 0 comments

PI has staged a remarkable comeback after plunging to an all-time low of $0.40 on April 5. Amid a broader market recovery over the past week, the altcoin has seen a resurgence in demand, driving its price up 84% from its recent bottom.

With the bulls attempting to strengthen market control, PI could extend its gains in the short term.

PI Recovers From Crash With Strong Bullish Setup

PI’s Moving Average Convergence Divergence (MACD) indicator has flashed a bullish signal. On the daily chart, the MACD line (blue) crossed above the signal line (orange) on April 5, indicating a positive shift in momentum right after it bottomed at $0.40.

Can PI Reclaim the $1 Mark?

With increasing investor interest and technical indicators aligning, market watchers are now eyeing the $1 resistance level. If momentum continues, PI might test and potentially break through that psychological barrier.

However, investors should remain cautious as crypto markets remain highly volatile and sensitive to broader economic news.

Conclusion

PI's 80% recovery is impressive and may mark the beginning of a longer uptrend. Whether or not it retakes $1 will depend on continued demand, bullish sentiment, and resistance levels being tested in the coming weeks.

Tags: Pi Network, PI coin, altcoin analysis, crypto news, cryptocurrency price

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