• Pi Coin price has broken above its descending channel with strong support at $0.35.
  • A confirmed breakout positions Pi Coin for an 81% rally toward $0.65.
  • Key resistance levels ahead are $0.40, $0.45, and $0.52 before $0.65.

Pi Coin price is splashing because it is moving close to a major breakout point after months of declining prices. The traders are observing keenly as the price steadies above $0.35, which was a region of high resistance in the past. As bullish momentum continues to build and the opportunity to gain over 80% is at stake, is it possible that the trend will reverse hugely in favor of Pi Coin? The arrangement is intriguing–and the interest is increasing.

Pi Coin Approaches Breakout as Buyers Hold $0.35 Support

Price Pi coin has been brushing on the edge of its downward channel and is showing indications of breaking out. Buyers have been able to maintain prices above $0.35 where historical selling pressure had frequently limited gains. The next is the zone with a tight rejection of $0.40 that can open $0.45 in case of being cleared.

Break through that, and the next test will be nearer to $0.52, which is a bullish spot. This arrangement makes the argument of $0.65, which indicates an 81% increase, increasingly evident. Therefore, the price prediction of Pi coin in 2025 is skewed towards the bullish direction upon further strengthening.

This bullish tone is validated by the chart, where the price has broken out of a long-standing falling channel, which has been driving Pi price since mid-June. This breakout at the level of $0.36 is a major technical turnover, since the market shifts its lower highs and lower lows to possibly accumulate higher levels. This kind of move can be an indication of a reversal in trends, and as long as buyers are above the previous resistance, momentum may keep -building.

Pi coin price action

Source: TradingView

Despite that, dips cannot be eliminated. The breakout would be put in jeopardy by a slide below $0.34 which could pull the price down to $0.30. But history has shown that pullbacks are followed by new strength, and it seems to us that any correction can give a foundation to a new upward move. The structure is more solid this time around, with the buyers more consistent and key levels being defended.

The bias, all things being equal, is on the upside. A move above $0.35 and above $0.40 might initiate the next stage of increased resistances. The current range of Pi coin price is worth particular consideration with a better technical picture and with stable demand.

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Kelvin Munene is a senior crypto and finance journalist with over six years of experience covering blockchain technology, digital assets, decentralized finance (DeFi), and regulatory developments in the crypto space.He has contributed to top-tier publications including CoinGape, The Coin Republic, CryptoNews Land, AMBCrypto and many more.

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