- Major exchange listings could drive PI’s price surge amid growing investor interest.
- PI must reclaim $2.50-$2.60 for a bullish continuation toward key resistance levels.
- Analysts predict PI could hit $4.48-$5.88 by 2025, potentially gaining over 100%.
Pi Network (Pi) has shown surprising price action despite overall market downturns, grabbing investor attention with its bullish momentum. While Bitcoin (BTC) pulled back, Pi Coin has surged over 250% since launching its Open Network blockchain.
Speculation around major exchange listings, increased merchant adoption, and rising investor interest suggest that PI could be ready for another breakout. With price predictions indicating potential gains exceeding 100%, traders are closely watching key technical levels to determine the next move.
Exchange Listings: A Potential Game-Changer for Pi
One of the biggest catalysts for PI’s price movement is the possibility of a major cryptocurrency exchange listing. Binance users have actively voted for a PI listing, with over 86% supporting the move.
If Binance officially lists PI, this could drive a surge in demand, significantly lifting its price. Exchange listings typically increase liquidity and investor confidence, driving price appreciation.
Related: Pi Coin 40% Surge: Binance Listing Fuels $4 Price Target Talk
Binance Listing Speculation and KYB Implications
Moreover, speculation is growing that Binance could soon appear on Pi Network’s Know Your Business (KYB) list, further fueling excitement. A listing on Binance or other major platforms could trigger a substantial rally, making it a key factor in PI’s future price path.
PI has experienced notable price swings, hitting a high near $2.80 before retreating.
Currently, the token is trading at $2.39, down 5.78% in the past 24 hours. The market’s trading volume has also dropped by 54.13%, pointing to reduced activity that could lead to further volatility.
PI’s Key Support and Resistance Levels: What to Watch
Key support levels to watch include $2.30, where PI recently bounced, followed by $2.25 and $2.00, which could act as psychological support zones.
On the upside, resistance levels stand at $2.50, $2.60-$2.65, and the crucial $2.80 mark. For a bullish continuation, PI must reclaim and sustain above the $2.50-$2.60 range.
Future Price Predictions for PI: Bullish Outlook
Coincodex analysts project a bullish outlook for PI as it continues to gain ground.
Related: Pi Coin’s 169% Breakout: Analyst Targets $3.78 – Find Out How
Predictions indicate that PI could trade between $4.48 and $5.88 by the end of 2025, an increase of over 100% from its current price. If these forecasts are accurate, investors could see potential profits of up to 146%.
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.
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