Pi Network Recovers 50% Weekly: Will Pi Price Break $0.7500 Resistance This Time?

Pi Network’s token is making headlines after a sharp 15% daily surge, pushing the Pi price back near the $0.70 mark. After crashing to an all-time low of $0.407 just days ago, the Pi coin has bounced strongly, now up over 50% on the weekly chart. The surge has pushed Pi’s market cap to $4.7 billion, placing it in the 31st spot among the top cryptocurrencies. While momentum looks promising, looming token unlocks may bring short-term pressure.

Pi Price Rockets After All-Time Low

After a rough start to April, Pi Network is showing signs of life. The Pi coin plummeted to $0.407 on April 5, marking its lowest price ever. However, the crash was short-lived. The token staged a swift recovery, jumping over 50% in a week and touching $0.75 before stabilizing near $0.70. Despite being down 60% on the monthly chart, Pi’s performance on lower timeframes is gaining attention. As of now, it ranks 31st by market cap, sitting just below BONK in daily performance. The current rally follows a broader rebound across altcoins after last week’s Trump trade war news jolted the markets.

However, there’s a catch. Analysts are watching a potential unlock of 10 million Pi tokens scheduled for April 18. This influx could increase selling pressure and weigh down the Pi price, especially if holders rush to liquidate. Still, today’s rally has renewed optimism within the Pi Network community. With many hoping for a breakout, the token’s next move may depend on whether it can hold current support levels or break above its recent resistance. The coming week could be a make-or-break moment for Pi coin as it fights for a spot in the top 30 crypto assets.

Pi Price Actions on April 12

The trading day of April 11th started with a continuous overbought situation. The RSI indicator flashed multiple overbought signals, highlighting sustained buying pressure. At 21:00 UTC, Pi price hit resistance at $0.6197. However, by 22:55 UTC, the price spiked through resistance despite being overbought, entering a new trading range. At 23:55 UTC, the MACD line formed a golden cross, signaling upward momentum. As the price moved into April 12th, an overbought signal at 4:25 UTC led to a new resistance level at $0.7122. Interestingly, the previous resistance at $0.6197 flipped into a strong support zone.

Chart 1, analyzed by ShwetaCW, published on TradingView, April 12, 2025

Later, at 8:15 UTC, the MACD showed a death cross, hinting at a potential downtrend. But shortly after, another golden cross emerged, reviving bullish sentiment. According to Pi price prediction, if the bullish momentum continues, it could break the $0.7122 resistance and possibly target the $0.7500 zone. However, if the trend reverses, the $0.6197 support could give way, with a potential drop toward the $0.5800 area.

What’s Next for Pi Price?

Pi Network’s comeback has sparked fresh optimism, but caution is still in play. With the Pi price hovering near $0.70, bulls are watching the $0.7122 resistance closely. A successful breakout could open the path to $0.80 or higher. However, the upcoming unlock of 10 million Pi coins on April 18 could trigger selling pressure and test support at $0.6197. For now, Pi coin is holding strong, but traders should stay alert. The next few days will decide whether Pi Network builds on this momentum or faces another pullback.