AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Pi Network (PI) has recently garnered attention in the cryptocurrency market, with analysts and enthusiasts speculating about its potential for a rally. After a prolonged period of weakness,
has shown signs of a possible bullish reversal, driven by a fractal pattern that mirrors its explosive rally from May 2025. This pattern suggests that PI could be poised for a significant upward trend, following a 7% climb in the past 24 hours after a 90-day decline.The fractal pattern observed on the daily chart of PI is nearly identical to its price action from May 2025. During that period, the token traded within a falling wedge formation for weeks, sitting under the 100-period moving average (MA). Once it broke above the wedge and cleared the 100 MA, PI launched a powerful 144% rally, testing its long-term descending trendline resistance. Currently, PI is pressing against the critical 50-day MA at $0.5319, the level that triggered its explosive rally back in May.
If the fractal pattern continues to repeat, a breakout above the 50-day MA could trigger the next leg higher for PI. The first target sits at the 100-day MA near $0.6243, representing a potential 27% move from current prices. Beyond that, it could unlock even stronger momentum. However, confirmation of a decisive breakout above the 50-day MA is crucial. Without this confirmation, PI may remain trapped in consolidation.
While the fractal signals provide a glimmer of hope for investors who are bullish on Pi Network, the cryptocurrency market's volatility poses challenges. The potential upside move for PI is contingent on increased investor interest and favorable market sentiment. As the market continues to evolve, it will be interesting to see how Pi Network navigates the challenges and opportunities that lie ahead.
Daily stocks & crypto headlines, free to your inbox
By continuing, I agree to the
Market Data Terms of Service and Privacy Statement
Comments
No comments yet