Dogecoin and Pi Coin have both shown signs of movement recently, but in very different ways. As May has just begun, traders are closely watching to see which coin breaks out first — and which one might provide a better setup for the weeks ahead.
Dogecoin (DOGE)
Let's start with Dogecoin. After sliding through most of early April, it began to recover. From April 10 to April 23, DOGE formed a rounded bottom — a pattern that often indicates a change in momentum. It broke above $0.165 shortly after and since then, the price has risen to $0.187.
This is the level that it is currently struggling with. It has been tested a few times, but DOGE still hasn't been able to convincingly break through.
If it breaks above $0.187, there is still room to run — $0.193 and $0.200 are potential next targets. But if buyers don't step in and it loses $0.175, it could drift back to $0.165 or even lower.
So far, price action seems stable — nothing explosive, but the structure shows that the price remains strong if support holds.
Pi Network (PI)
Now onto Pi Coin, which has been a bit more aggressive. After reaching a local peak near $0.80 in mid-April, it sold off sharply and entered a clear downtrend. This trend comes with a descending channel — a bearish pattern — but interestingly, Pi has just broken out of that setup.
Not only that, but the price has completed an ascending triangle between $0.50 and $0.59 and is now fluctuating just below $0.60.
This area is important. The $0.60 level was previously a support threshold, and is now being tested as a resistance. If Pi holds above this level and breaks above $0.63 with volume, it would be a strong signal for a potential move back to $0.70 or $0.80 again.
On the other hand, if the $0.55 area is broken, then the $0.50 area or even $0.42–$0.45 will be the next area to watch.
What is the main difference between these two types? Dogecoin appears to be more stable, slower but more predictable. Meanwhile, Pi Coin seems to be coiling and could move faster if the breakout is sustained. But with that speed comes higher risk, especially if volume does not appear.
In summary:
If you are looking for a slower bullish approach, Dogecoin is the more stable choice right now.
If you are pursuing a breakout trade with greater potential, Pi Coin is a notable coin — but only if it holds above $0.60 and breaks above $0.63.
As usual, Bitcoin's movement will affect both. If BTC rises in May, expect Pi and DOGE to follow suit — but in their own styles. One may spike; the other may accelerate.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Always do your own research before making any trading decisions.
