Pi Coin Rally: Whales Buy, Analysts Eye $5

Pi Coin is experiencing a surge in interest, with whales accumulating significant holdings and analysts predicting potential price targets exceeding $5. PiMigrate forecasts this move to reach $5 based on strong support around the $0.60 mark and anticipated real-world utility driving demand. Market watchers Moon Jeff echo this optimism, also pointing to technical indicators suggesting a solid base formation and upward momentum. These positive signs were further bolstered by a surge in trading volume following Pi Coin’s breakthrough past $0.63. Technical analysts Xia noted the emergence of bullish signals in the RSI and MACD indicators. A recent wave of whale activity, including 41 million Pi Coins transferred off exchanges, is signaling strong long-term investment intentions and reduced selling pressure.