Pi Coin Price Surge to $1? Banxa Integration Ignites Pi Network Bullish Momentum

    Pi coin price plunged 84.7% from its $2.99 ATH in Feb 2025. With Banxa integration and bullish technicals, can Pi reach $1 soon?

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    Updated Apr 05, 2025 3:21 PM GMT+0
    Pi Coin Price Surge to $1? Banxa Integration Ignites Pi Network Bullish Momentum

    Pi network launched its mainnet in February, pushing the Pi token to its all-time high of $2.99. Since reaching this ATH on February 26, 2025, Pi coin price has decreased 84.7%, trading at $0.4679 now. This dramatic fall has been caused by bad timing as the bearish macroeconomics have collided with internal mismanagement. These macroeconomic factors include the global economic chaos caused by the possibility of an upcoming trade war. However, there is light at the end of the tunnel, as the Pi news today is bullish. 

    Pi Coin Price Hits New All-Time Low but Recovers

    The Pi coin price action has been mixed today as it has experienced a 12.3% weekly decline. This coin has also seen a 42.1% weekly decrease in value and a 74.85% monthly devaluation. Earlier today, this coin hit its new all-time low of $0.407; however, Pi price action is showing signs of hope. This is because, since hitting the ATL, Pi has had a 12.3% surge in value, making the price trajectory bullish. Additionally, with a recent development addressing one of the major challenges, the important question is whether will Pi reach $1 again?

    Could Banxa Be the Turning Point for Pi Price Crash?

    One of the main internal reasons for the recent crash in Pi token price has been the lack of major listings. Developments such as exchange listings or integrations are essential for new cryptocurrencies, as these help to keep the excitement high. Additionally, such initiatives also help new coins to get more liquidity and adoption, as new user bases gain exposure to them. Pi Network was about to secure a major listing with Binance, as the exchange’s community voted for Pi listing. However, since the voting, Binance has not released a statement regarding the reason for not listing Pi.

    Today, however, we have gotten positive Pi news that might change this lack of bullish development. Based on the Pi community’s recent posts on X, Banxa has integrated Pi coin into its ecosystem. Banxa is a growing star in the fintech sector, as this company provides users with on-off ramp payment options. As such, this integration can be a huge step for the Pi coin as users can now directly purchase Pi. This platform gives users the ability to buy Pi tokens with cards, wallets, Google Pay and Apple Pay.

    Is a Pi Breakout Coming? Falling Wedge Signals Hope

    Other than fundamental developments, we can also analyse the technical signals to find out whether will Pi reach $1 again. Based on the Pi coin price movement, we can see the formation of a falling wedge pattern. This is a historical signal of an upcoming breakout, as the wedge’s two descending trendlines get closer to colliding. We can also see a bullish divergence in the Pi price action. When a technical indicator starts showing bullish signs and rises while the price is strongly bearish, we get such divergences. Here, we can see that the MACD has been rising recently, and Pi coin price will soon reach its neutral zone.

    Pi Coin Price Surge Coming Soon? 

    We can also see a bullish divergence between the Bollinger Bands Trend and the price action. The BBTrend is calculated based on the distance between the two Bollinger Bands and has been going bullish recently. As such, with the price action ready for a surge, we can only now analyse the community and market sentiment. Any internal or external bullish development can ignite a breakout and flip the market sentiment. However, as per the recent unpredictability of the crypto market, this development can range from a celebrity endorsement to listing on every CEX.

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