{"id":790,"date":"2025-03-23T13:41:24","date_gmt":"2025-03-23T13:41:24","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=790"},"modified":"2025-03-23T13:41:25","modified_gmt":"2025-03-23T13:41:25","slug":"pi-network-story-ip-facing-resistance-surge-imminent","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/pi-network-story-ip-facing-resistance-surge-imminent\/","title":{"rendered":"Pi Network (PI) and Story (IP) Facing Key Resistance Levels : Is a Surge Imminent ?"},"content":{"rendered":"\n
After reaching a peak of $3<\/strong> on February 26, PI experienced a drop of over 70%<\/strong>. However, on March 21, the token touched the support at $0.85<\/strong>, where buyers stepped in to defend this level. Currently at $1.08<\/strong>, PI is approaching the upper resistance of a descending triangle pattern.<\/p>\n\n\n\n If the price manages to break above this resistance successfully, it could signal the start of a recovery movement, targeting the next levels at $1.24<\/strong> and the 10-day moving average. A decisive breakthrough above this level could propel PI towards its next resistance at $1.79<\/strong>, representing a potential upside of 73%<\/strong> from the current price.<\/p>\n\n\n\n Story (IP) has been evolving in a symmetrical triangle pattern, clearly visible on the daily chart. By the end of February, IP faced rejection at the $7.95<\/strong> resistance level, which marked the upper limit of the triangle. This rejection led to multiple declines towards the lower support. Currently at $5.75<\/strong>, IP is once again testing the upper triangle resistance.<\/p>\n\n\n\n A successful breakout above this level, confirmed by a retest, could push the price towards the next resistance levels at $6.66 and $7.40,<\/strong> offering a potential upside of 27%<\/strong> from the current price.<\/p>\n\n\n\n PI and IP are at crucial technical levels<\/strong>, with their price dynamics aligning with classic resistance breakout patterns. If market sentiment remains positive and Bitcoin continues its upward trend, these two altcoins could experience substantial increases in the weeks ahead.<\/p>\n\n\n\n However, traders should remain cautious<\/strong>, await confirmation of resistance breakouts<\/strong>, and monitor technical indicators before making investment decisions. Rejection at these resistance levels could lead to further declines.<\/p>\n\n\n\n You can purchase IP (Story Protocol) and PI (Pi Network)<\/strong> on Weex. Here is a clear guide to buying IP and PI on this platform:<\/p>\n\n\n\n
<\/figure>\n\n\n\nStory (IP) : An Impending Breakout ?<\/h2>\n\n\n\n
<\/figure>\n\n\n\nPi Network (PI) & Story Protocol (IP) Price Forecast : How and Where Should You Buy ?<\/h2>\n\n\n\n