Pi Coin Price Stabilizes Near $0.61 Amid HTX Listing Speculation

Pi Network enthusiasts are abuzz with excitement following a mysterious image posted by HTX, a prominent crypto exchange, which hinted at a potential listing for Pi Coin. This cryptic social media move has sparked fresh speculation and optimism among Pi supporters, who are eagerly awaiting major updates from the Pi Core team to boost the token’s price, currently hovering near $0.60.

HTX’s recent post featured the Pi Coin logo alongside other popular cryptocurrencies, immediately igniting excitement despite the absence of an official announcement. The community is speculating that the exchange could be preparing to onboard Pi Coin through a verified process. This speculation has been fueled by comments from validator group PiNewsZone, which hinted that the Know Your Business (KYB) verification might already be complete, signaling growing institutional interest in the project.

Pi Coin’s price has remained relatively stable, trading around $0.61 with a dip in volume, reflecting a wait-and-see mood among investors. The community has been vocal in urging the Pi Core team for greater transparency and decisive action to secure exchange listings that could improve liquidity and global access. A listing on a major platform like HTX could prove transformative, potentially reigniting momentum and expanding Pi’s reach. However, without concrete news or catalysts, price forecasts suggest Pi may continue to hover near current levels for the near future.

Pi Coin started trading at $0.6034. The day began with an uptrend, taking it to $0.6153. However, resistance rejected further advance, and Pi entered a slow downtrend, dropping to $0.6031. At noon, a golden cross emerged as Pi coin started scaling the charts, meeting several corrections on the way. By 15:40, Pi was seen trading at $0.6288. The RSI indicated overbought levels at this point, and Pi soon faced a downturn. The downtrend led Pi to establish support at $0.6109. Pi continued to remain confined to the range, testing the resistance at $0.6124 right after. However, it failed to break the resistance and formed a slow downtrend as the support held its ground. A bearish triangle formed, leading Pi to abandon the support level. As of the latest update, Pi was seen stabilizing at $0.6129.

Since the price crash, the Pi coin has failed to make any considerable progress. It still battles several challenges related to tokenomics, exchange listings, and its mainnet and transparency. Given all these issues, it has been difficult for Pi to find substantial buying pressure. The same can be observed on the charts, with the Pi price failing to make something meaningful out of the uptrends. According to the analyst's forecast, Pi may continue to hover near current levels for the near future.