Pi Coin Breakout Incoming? $0.70 in Sight After Banxa Buys and Korean Brand Integration
With new vendors accepting Pi, the Pi Network Price may stabilize. Analysts eye a move to $0.70 as adoption and real-world utility grow fast.
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We have a number of bullish Pi news stories, the first of which is the Pi coin price surge to $0.59. With a 24-hour surge of 6.01%, the Pi token is already having a bullish day. However, we still have other positive news which could push Pi even higher. These developments also highlight how fast the adoption of the Pi Network and token is growing, with more businesses joining. Additionally, our technical analysis and Pi token price prediction show the start of an accumulation phase before a price rally.
Can Pi Network Become a Major Player in Crypto Payments?
The growing utility-based ecosystem of the Pi network continues to attract more vendors, consequently increasing the number of investors. As such, this growing network can be the backbone of Pi and its market. In addition, many new vendors have recently begun accepting Pi coins as payment methods. One such business is a skincare company in South Korea, which has announced the integration of Pi tokens in its business. Such utility can create a positive reputation for Pi coin and place it near other cryptos with payment-based utility. This Korean company is not the first big business to have started to accept Pi as payment.
Is Pi Network Showing Signs of Price Surge?
In early March, it was reported that Zito Realty had also begun accepting Pi as payment. This American company is a real estate business in Florida. As such, with increasing utility, soon we might see a rally in the Pi network price. Additionally, the recent integration of Pi into the Banxa platform seems to be attracting investors and capital. As Banxa’s data shows, in a recent transaction, two different wallet addresses have purchased nearly 1.2 million Pi tokens. Additionally, our technical analysis also shows a mixed Pi coin price prediction.
Chart 1 – Provided by TradingView, published on TradingView, April 10 2025
As seen in Chart 1, we have had a bearish month for Pi; however, there are some recent bullish signs. We can see that in the last week, the Pi Network price has stopped making lower lows. This can be a sign of the decreasing dominance of sellers. With today Pi coin recovery, the price is stabilising near the $0.59 price. Additionally, the recent candlestick pattern shows increased indecision, which is common after a prolonged bearish trend. With Pi Network price hovering above $0.59 for a while now, a consolidation phase is likely.
How Strong Is the Current Bullish Trend in Pi Coin?
Additionally, the RSI also points toward the start of an accumulation phase as it stands at 52. The ADX indicator, however, shows a score of 34, which indicates that the small bullish trend still has strength. Based on our short-term Pi token price prediction, a consolidation period in the range of $0.5 and $0.61 is likely. Suppose this coin starts a breakout, Pi coin price surges to the $0.70 resistance. However, the bullish sentiment is not strong yet, and a fall below $0.57 could lead to a $0.53 retest.
Can Macroeconomic Trends Spark a Rally for Pi Coin?
Additionally, the developments in macroeconomics can also cause a market-wide rally, also helping Pi. However, for Pi to keep the community positive, it needs to announce more exciting Pi news and developments. But myber Pi could also rely mostly on its utility, which would bring more long-term gains. This could also be the Pi developer team’s goal, as they have not been communicating with the community.
News Room
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Newsroom is the editorial team of CoinfoMania, delivering 24/7 crypto news, market insights, and in-depth analysis. With 30+ journalists worldwide, we keep you ahead in the blockchain space.
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