Pi Network to Hit $3 Target? Pi Price Rebounds Amid Token Unlock and Market Optimism

Pi Network price jumped over 9% today, fueling hopes of a potential rally. According to analysts, Pi price could reach the $3 mark by June, thanks to renewed investor confidence and low token unlocks this week. The price has recently ranged between $0.5361 and $0.6133, showing volatility amid market recovery. Meanwhile, the total Pi token unlocks projected for the next 30 days are valued at nearly $94 million, making supply management a key concern. Despite this, market optimism remains strong as adoption grows and investors eye a bullish turnaround.

Pi Network Price Soars: What’s Driving It?

The crypto market has recently shown signs of recovery, and Pi Network is no exception. The coin rose over 9% today, trading near $0.58. Although its 24-hour volume dropped by 37% to $298.5 million, investors remain optimistic. The current rally is largely fueled by low Pi Coin unlocks and growing market confidence. PiScan data shows 1.5 million tokens will be unlocked through April 11, with a massive 160.74 million tokens expected over the next 30 days.

Crypto analysts forecast that Pi Coin will hit $3 by June, assuming favorable developments from the Pi Core Team, including a possible token burn. This could offset concerns around supply flooding. The bullish sentiment is strong but not without caution. While some experts back this outlook, others warn that the Pi price might dip to $0.30 if bears take over.

Despite the mixed outlook, the crypto market buzz around Pi Network continues. With major unlocks on the horizon and speculation of announcements from the Core Team, investors are watching closely. If positive triggers align, Pi Coin may break past resistance and inch closer to the much-hyped $3 milestone.

Pi Network Price Analysis of April 8

On April 6, Pi Coin started the day under strong bearish pressure. A death cross pushed the price down, with the coin hitting support at $0.5361 around 3:35 UTC. However, signs of recovery showed up when a golden cross appeared on the MACD at 7:20 UTC, causing a brief upward move. The price tested resistance at $0.6133 but failed to break it. A new death cross quickly followed, pushing the price into a downward channel that lasted throughout the day.

Chart 1, analyzed by ShwetaCW, published on TradingView, April 8, 2025

As Chart 1 hinted at an upward move around 21:25 IST, the downtrend held strong, confirmed by another death cross. The bearish momentum continued into April 8, beginning with oversold signals at midnight. A golden cross at 10:50 UTC gave a short-lived boost, but the trend remained negative. A final death cross at 4:30 UTC and a bearish divergence on the RSI at 7:10 UTC reinforced the downward pressure. If this trend continues, Pi Coin could fall below the key support of $0.5361 and test the $0.5200–$0.5000 range. However, a trend reversal might push the price above $0.6133, targeting $0.6200 or more in the short term.

Pi Network Price Outlook

While the $3 Pi Coin target by June is a bold long-term prediction, short-term movement depends on current trends. As seen in the recent analysis, Pi price may drop to $0.5000 if bearish pressure continues. However, a reversal could push it above $0.6133. The crypto market remains volatile, and Pi Network’s future will rely on timely updates and market sentiment. Investors should watch key levels closely as the Pi price navigates within this uncertain crypto market landscape.