{"id":210,"date":"2025-03-15T20:28:08","date_gmt":"2025-03-15T20:28:08","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=210"},"modified":"2025-03-15T20:28:09","modified_gmt":"2025-03-15T20:28:09","slug":"pi-network-pi-price-surge-2-dollars","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/pi-network-pi-price-surge-2-dollars\/","title":{"rendered":"Why Pi Network (PI) Could Reach $2 in the Next Few Hours ?"},"content":{"rendered":"\n
The Directional Movement Index (DMI) data of the Pi network indicates that the Average Directional Index (ADX) has dropped from 36.5 to 30.6<\/strong> over the past two days. Although a value over 25<\/strong> still signals a strong trend<\/strong>, the decrease suggests that the momentum behind this upward movement is weakening.<\/strong><\/p>\n\n\n\n Simultaneously, the +DI has surged from 12.3 to 27.3,<\/strong> while the -DI has dropped from 29.3 to 14.9<\/strong>, highlighting a significant increase in buying pressure over the past two days. However, with a stable +DI since yesterday and a declining ADX, this strong positive momentum could fade without necessarily leading to a trend reversal.<\/p>\n\n\n\n Furthermore, Ichimoku in 4H still remains red and therefore bearish. In addition to encountering resistance<\/strong> at the trend line, the token is hitting the top of its cloud for several days now.<\/p>\n\n\n\n As long as Pi does not break $1.7<\/strong>, it will continue its medium-term downward trend<\/strong>. However, the cloud has turned green in 2H<\/strong>, which may indicate that the token may make one last attempt to reverse the trend in the next few hours.<\/p>\n\n\n\n The Relative Strength Index (RSI) of the Pi network has sharply risen from 19.5 <\/strong>four days ago to 60.90 <\/strong>today. This robust rebound from oversold levels suggests a resurgence of buyer control. However, with an RSI of 60.90,<\/strong> Pi has not yet reached the overbought zone above 70.<\/strong> Historically, this level has acted as a barrier, triggering profit-taking or temporary slowdowns.<\/p>\n\n\n\n If the RSI stabilizes near its current level, the Pi network could consolidate before resuming its upward move. Nevertheless, a breach above 70 would signal an extreme bullish momentum, although it also increases the risks of a short-term correction.<\/p>\n\n\n\n Currently at 48, the PI token has experienced heavy selling. The Stochastic RSI is approaching the oversold<\/strong> zone in 2, 3, and 4H. Conversely, the Chaikin Money Flow is rising, possibly indicating a bullish divergence in the short term, as capital flows in<\/strong> during this other investors’ sale.<\/p>\n\n\n\n Currently, the Pi network is trading within a key range, facing resistance at $1.82<\/strong> while being supported at $1.57<\/strong>. If the current uptrend continues and buyers manage to surpass $1.82<\/strong>, the next target would be $1.98.\u00a0<\/strong><\/p>\n\n\n\n A breakthrough beyond this level could pave the way for a more significant upward move, especially if the Pi network regains the positive momentum seen last month. In this scenario, the price could extend to $2.37,<\/strong> strengthening a more bullish outlook and a potential new ATH. <\/strong><\/p>\n\n\n\n However, conquering these levels will require sustained buying pressure and confirmation of breaking above $1.82.<\/strong><\/p>\n\n\n\n On the downside, if the Pi network’s trend reverses, it could retest its immediate support at $1.57. <\/strong>Losing this level would weaken the bullish structure and expose the price to further declines, potentially down to $1.35.<\/strong><\/p>\n\n\n\n If selling pressure intensifies, PI could even drop to $1.23 or 74 cents<\/strong>, marking a deeper correction. The strength of support at $1.57 <\/strong>will be crucial in determining whether the current bullish trend holds or if the PI network enters a more pronounced pullback phase.<\/p>\n\n\n\n It is possible to buy the token directly on Bitget, one of the best exchanges. Here is a practical guide to buying PI and receiving a bonus :<\/p>\n\n\n\n
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<\/figure>\n\n\n\nAn impending rally ?<\/h2>\n\n\n\n
<\/figure>\n\n\n\nA possible drop, watch these key levels<\/h2>\n\n\n\n
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