Something big might be coming for Pi Network. After staying quiet for a while, the $PI coin is starting to move again, and people are getting excited. Some experts say it could even reach $5 very soon, just before the Consensus 2025 event, where Pi’s founder will speak.
With new activity and bold predictions, many are wondering: Is this the breakout everyone’s been waiting for?
Pi Network Saw Strong Bounce from Support
After trading between $0.67 and $0.54 for about a month, the Pi Network coin had been relatively quiet. It has been struggling to break above the strong resistance at $0.64. However, things are starting to look interesting again, as $PI recently bounced sharply from the $0.50 support level.
According to Pseudonym Pro Trader Edge, this move was backed by strong buying volume, which shows growing confidence among investors.
But the real battle lies at $0.65, what he called the “Point of Control,” a key price where the most trading activity has happened since Pi’s launch. If PI breaks and holds above this level, experts believe it could trigger a stronger uptrend.
Next Stops: $0.85, $1.23, and Beyond?
If momentum builds above $0.65, technical targets suggest a climb toward $0.85, $1.23, and possibly even $1.55 in the short term. These targets are based on historical volume data and past market behavior.
Timeline for $5 Pi Coin Surge
In addition to the technical targets, some experts are predicting a much bigger target for PI. Crypto analyst Dr. Altcoin claims that PI could shoot up to $5, not by year-end, but as early as May, just ahead of the Consensus 2025 conference, where Pi’s founder is set to speak.
Dr. Altcoin believes several catalysts are aligning, like rapid KYB approvals, the launch of Pi dApps, and rising investor interest.
And one of the biggest points he made is that the Pi core team has reportedly bought 48 million PI coins. This shows they are confident in the project and are trying to keep the price stable
Why is $5 Target Possible?
Dr. Altcoin believes that a combination of low gas fees, strong security measures, regulatory compliance, and a growing ecosystem could create the perfect storm for a Pi price rally.
As more investors and users join the network, and with the core team’s backing, the price of PI could experience a dramatic increase, possibly reaching the $5 mark by May 2025.
As of now, Pi coin price is trading around the $0.57 reflecting a drop of 3.4% in the last 24 hours & a drop of 14% in the last 7 days.
