Pi Network (PI) has continued to attract the attention of the cryptocurrency community since its launch. In contrast to the recent sluggish performance of mainstream cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and Solana (SOL), PI prices have risen against the trend.
PI Cryptocurrency: Binance listing may become a catalyst for price soaring
PI is currently priced at $1.6750, which is well above the previous low of $0.6020. Trading activity and investor interest continue to grow, and PI's future price trends have become the focus of market attention.
The PI mainnet soared to $2.2,000 at the beginning of its launch, and then it pulled back sharply by 72%. However, a strong rebound of 178% followed, breaking through the key resistance level of $1.0000. This shows that investor confidence is increasing, and community activity and exchange attention continue to increase.
Currently, PI prices show signs of breaking through the rise. After breaking through $1.7000, the next resistance could be at $2.2000 and $3.000. If the uptrend continues, the PI price may reach $5.0000 in the future. PI has broken through the symmetrical triangle pattern, and maintaining it above this level will further confirm the upward trend, with a target price of $2.2000 and $3.0000. With optimistic expectations, the price may even reach $5.0000.
Binance listing is an important potential factor in the rise in PI prices. Binance’s recent community vote showed that 86% of users supported PI listing, with more than 11.1 million users participating in the voting (voting deadline is February 27, 2025). If successfully listed, it will open the door to PI investment for more than 200 million users of Binance, thereby driving a sharp rise in PI prices.
Many technical indicators show that PI prices are about to fluctuate significantly: the relative strength index (RSI) exceeds 70, indicating that momentum is strengthened and buying pressure is increased; the moving average convergence divergence (MACD) is bullish crossing, and the green bar chart is growing, further confirming that the buying pressure is increased.
If the PI price closes above $1.7000, the door will open to the gains of $2.2000 to $3.0000. With the combined effect of technical favorability and Binance's listing expectations, it is not impossible for PI price to exceed US$5.0000. However, if the price is blocked at the resistance level, it may pull back to the $1.4000 to $1.0000 range before attempting a breakout. If Pi Network is widely used, the price in 2030 may exceed $500.
Pi Network Token (PI) shows good development prospects with strong technical metrics, growing community support and potential Binance listing. A breakthrough of $1.7000 will be a key signal that will further drive the PI price increase.
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