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The Pi Network price has surged 9% in the last 24 hours to trade at $0.6723 as of 9:55 p.m. EST on a 257% increase in trading volume to $1.5 billion.
The surge in the PI price has pushed it to the top of CoinMarketCap’s list of trending cryptocurrencies.
Pi Network Price Shows Signs Of Bullish Reversal – Targets $1 High
The PI 4-hour price chart shows the coin transitioning into a potential short-term bullish reversal. Currently trading around $0.6723, PI has made a strong recovery from the recent swing low of $0.4000, supported by a bullish engulfing candle and follow-up consolidation above key Fibonacci retracement levels.
Notably, the price has broken above the 0.5 Fibonacci level at $0.6004 and is now hovering just under the 50-day simple moving average (SMA) at $0.6818. A decisive close above this SMA could confirm a shift in the short-term trend and open the door for further gains
PIUSDT Analysis Source: Tradingview
PI has reclaimed crucial levels, including the 0.382 Fib at $0.6479, indicating building bullish strength. If this momentum continues, the next major resistance lies at $0.8015, the recent local high.
Beyond that, Fibonacci extension targets at $0.9101 and $1.0501 come into play, representing potential gains of 42% and 63% from the current price, respectively.
The Relative Strength Index (RSI) is at 54.60, indicating neutral but rising momentum, still far from overbought territory, giving bulls more room to run.
Meanwhile, the Chaikin Money Flow (CMF) is at -0.10, still negative but trending upward, signalling that capital inflows may return to the market after a period of selling pressure.
However, the bullish setup could be invalidated if profit-taking intensifies and PI fails to hold above the $0.6000 level. A breakdown below the 0.618 Fib at $0.5529, or worse, a revisit of $0.4854 or $0.4000, would indicate that bearish pressure still dominates.
For now, PI is at a technical crossroads, and a clean break above $0.6818 could trigger the next leg up toward $0.80, $0.91, and beyond.
Solaxy Presale Zooms Past $29.2M – Best Crypto To Buy Now?
As the Pi coin price prepares to climb higher, Solaxy (SOLX), a pioneering Layer-2 scaling solution on Solana, is storming toward $30 million in its presale.
With over $29.2 million already raised, the project promises to address Solana’s persistent network congestion issues while amplifying its scalability.
Solaxy aims to supercharge Solana, a blockchain renowned for its speed but plagued by outages during peak demand. By leveraging roll-up technology, akin to Ethereum’s successful Layer-2 solutions like Arbitrum and Optimism, Solaxy processes transactions off-chain, bundling them for final validation on Solana’s mainnet.
This approach not only reduces strain on the network but also slashes costs and boosts efficiency, positioning Solaxy as a game-changer for Solana’s ecosystem.
Curiosity isn't always a good thing…
But $SOLX gets it right.
Speed ✅
Security ✅
Innovation ✅https://t.co/mdaTX9aVVx pic.twitter.com/DGmKQL3vud— SOLAXY (@SOLAXYTOKEN) April 6, 2025
The presale’s momentum reflects strong market confidence. Investors have already poured millions into SOLX, drawn by its ambitious roadmap, which includes bridging Solana and Ethereum to create a seamless Web3 experience.
The project’s recent developer upgrades, including a new sequencer for faster confirmations and optimized rollups, further showcases its technical prowess.
Crypto analyst and YouTuber Jacob Bury, with over 55k subscribers, predicts SOLX could surge 10x once it launches, citing its innovative infrastructure.
Beyond scalability, Solaxy offers a staking program with a huge 144% annual percentage yield (APY), enticing holders to lock in their tokens early.
SOLX tokens can be purchased for $0.001686 each with ETH, USDT, BNB, or bank card.
Buy before a price hike in less than 2 days to secure the best deal.
Visit the Solaxy website for more details.
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