Pi Network Countdown to April 11 — Is Pi Coin Price on the Verge of a 127% Breakout?

Today’s Pi news presents the continuation of the decline in price, as a market-wide bearish trend gains momentum. This downtrend, which started at the weekend, has now crashed the market. Correctly, most of the cryptos with the most capitalisation are showing a daily price decrease. The number one cryptocurrency, Bitcoin, has hit its 7-day low as it crashed below the $82,000 mark. As such, the Pi coin price shows a 4.4% 24-hour fall in value and a 17.8% weekly decrease. However, as technical analysis shows, we might see a Pi token rally in April.

The Rise and Fall of Pi Coin: Understanding the 74% Decline

As of writing this, the Pi token trades at $0.7631, which is a 74.4% decrease from its ATH. The Pi coin hit its all-time high of $2.99 on Feb 26, 2025. This surge to its ATH was caused by the excitement surrounding the launch of Pi Network’s mainnet. However, as the hype died down, the Pi value started falling with some significant variables contributing to this fall. One of the main reasons has been the consecutive days of token unlocks, which have increased the selling pressure. 

Pi Coin Price Movement: Is the Bearish Trend Ending?

The token unlock event of Pi network has been ongoing, and it has caused a decline in Pi’s value. This is because millions of Pi coins are released into the market every day, but there is not enough demand. Additionally, based on the market data, almost 1.6 billion Pi tokens will be released in the upcoming 12 months. This means we will see more than a hundred million tokens unlocked every month.  However, a Pi-affiliated crypto analyst named Dr Altcoin announced bullish news. He stated that between 7 and 11 April, the number of daily unlocks will significantly decrease, creating a bullish opportunity. 

Chart 1 – Provided by Crispus9, published on Tradingview, March 31, 2025.

Based on Chart 1, technical indicators also point to an upcoming bullish development in Pi coin price movement. Although we can see a sharp price decline in recent weeks, we can also deduce some bullish signals. Based on the Average Directional Index indicator, it has gone from 60 last month to 15 this month. This ADX score signals that the current bearish trend is weak and backed by few sellers. 

Is Pi Coin Set for a Breakout? Key Indicators Point to a Surge

Additionally, the BBTrend indicator is showing a divergence pattern, which is a common bullish signal. This is because this indicator shows the distance between the top and bottom Bollinger bands. Moreover, the piece movement of this coin has been in a falling wedge pattern. This pattern can also be a bullish sign if the price breaks strong resistance and goes over the upper line. This is also happening as the two trend lines of the wedge are also nearly colliding, marking a possible surge. A possible price breakout in April is projected to push Pi 127% up, reaching $1.7980.

Pi’s Battle for Legitimacy: Can It Overcome Hurdles?

However, there are challenges that remain in the path of the Pi network’s resurgence in popularity. One is the lack of Pi’s listing on industry giant exchanges like Binance and Kraken, which has dampened community sentiment. Binance’s lack of listing is surprising as the exchange’s community voted and approved its listing. Additionally, the CEO of Bybit has even gone as far as calling the Pi project a scam. However, in the next few months, we could hear some positive Pi news. As Pi has grown to become one of the largest cryptos in the market, an exchange listing is bound to happen.