Pi Coin Price Prediction: Will It Breakout Above $0.40?

Pi Coin is showing signs of life, with its price surging nearly 4% today to trade around $0.3854. This recent rally coincides with increased trading activity and the excitement surrounding new protocol updates. Pi Coin was recently listed on Swapfone, a US-regulated exchange, opening up access for users through new trading pairs. A small airdrop program also contributed to this surge. 100PI was distributed among a few lucky users who joined the platform. 85% of Pi’s supply remains locked, but recent protocol upgrades are expected to unlock more tokens gradually in the coming months, potentially aiding price growth. Pi is actively working on new mainnet migration and decentralization features that will bring the project closer to its vision. 40% of the trading volume on PiCoin is concentrated on the last week, with a noticeable shift from lower highs to higher lows. This suggests growing bullish pressure and anticipation for future price movement. A sustained rally is likely to test resistance levels around $0.40, where price had previously been rejected several times in August. If bulls can break through this key resistance, Pi Coin may target the next upside trajectory of $0.42-$0.45. On the downside, support at the $0.35 level has proved to be a strong buffer for Pi Coin during recent rebounds. 50% increase in trading volume signals genuine participation and real buying pressure. The short-term outlook for Pi Coin is cautiously bullish, with momentum indicators suggesting potential breakout opportunities. To stay informed about the latest developments and price action, keep an eye on Pi Coin’s price chart. Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.