Pi Coin Skyrockets 27% as Binance Listing Speculation Gains Momentum
Pi Coin price surges 27% amid growing speculation about a potential Binance listing, fueling investor hopes and excitement
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Pi Coin price surges 27% amid growing speculation about a potential Binance listing, fueling investor hopes and excitement
Pi Coin Price experienced a significant surge, climbing by over 27%. Mounting speculations about a potential listing on Binance filed this price surge. In a recent voting poll on the Binance Square platform, over 295,000 participants expressed support for listing Pi Network’s Pi coin on the crypto exchange. While Binance has not confirmed its updated listing plans, the overwhelming community backing has intensified hopes among traders and investors. As a positive outlook, analysts suggest that if Binance proceeds with the listing, Pi coin price could soar in the near future and mark a significant milestone in the crypto landscape.
Let’s briefly analyze the performance of the Pi coin on the trading chart over the last 24 hours to understand its current market momentum.
Pi Coin Recovers From $0.6423 – April 26, 2025
On 26th April 2025, Pi coin trading day began with a dynamic price action. During the early trading session, the Pi coin began to rise briefly. But at 00:25 UTC, Pi coin resisted at $0.6541 and began to experience a short-term fall. At 02:00 UTC, Pi Coin found support at $0.6513 and began to move up. Eventually, at 04:05 UTC, a doji bar, followed by a full-body red candle, signaled a possible downtrend. As expected, the Pi coin price movement resisted at $0.6541 and experienced a sharp fall. A Death Cross on MACD at 04:25 UTC affirmed this downtrend.
Chart 1 – Analyzed by Buvaneswari_L, published on TradingView, April 27, 2025
At 11:30 UTC, Pi coin broke the support at $0.6472, breached a breakout, and dropped to $0.6423. Substantially, at 11;55 UTC, Pi coin encountered an RSI Oversold situation, indicating the trend reversal. As expected, at 14:15 UTC, Pi coin found support at $0.6423 and began to experience an uptrend. A Golden Cross on MACD at 14:30 UTC reaffirmed this uptrend.
At 20:50 UTC, Pi Coin encountered an RSI Overbought situation, indicating a trend reversal. Likely, at 22:00 UTC, a doji bar, followed by a full-body red candle, signaled a possible downtrend. As expected, Pi coin price movement resisted at $0.6516, began to experience a short-term fall, and closed at $0.6503.
Pi Coin Retrieves From $0.6323 – April 27, 2025
As illustrated in Chart 1, on April 27, 2023, Pi Coin trading day kicked off with a sharp decline. But at 01:55 UTC, Pi Coin found support at $0.6438, experienced an uptrend, and kept fluctuating. Later, at 03:45 UTC, a pin bar, followed by a full-body red candle, signaled a downtrend. Likely, the Pi coin resisted at $ 0.6459 and began to fall. At 04:50 UTC, Pi coin broke the support at $0.6423, breached a breakout, and dropped to $0.6323. A Death Cross on MACD at 04:15 UTC endorsed this ensuing downtrend.
Conversely, at 05:25 UTC, the Pi coin encountered an RSI Oversold situation, indicating a trend reversal. At 05:30 UTC, the Pi coin found support at $0.6323 and began to move up. A golden cross on MACD at 06:05 UTC affirmed this uptrend. Considerably, at 09:45 UTC, the Pi coin resisted at $0.6404 and kept fluctuating within the key levels.
Will Pi coin Bounce Back to its Previous high?
On April 27, 2025, the Pi coin price movement is about to undergo a notable upward trajectory. Currently, the Pi coin sustains between the key levels. If it attempts to break the key resistance, it could encounter a bullish momentum. In case the Pi coin breaks the key support, it could encounter a bearish trend. Since the Binance listing speculation gained momentum, investors strongly believe that Pi Network’s Pi coin will be added to the Binance crypto exchange, potentially leading Pi coin to surge from the recent dip. To find the right buying momentum, closely monitor the key levels.
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