Headline: #pi Network is Mirroring Pepe Coin’s 70% Price Boom — More Gains To Follow?
#market Highlights:
Pepe Coin (PEPE) jumped 70% after breaking out of a symmetrical triangle.
Pi Network (PI) followed with a 16% gain, showing a similar technical breakout.
Broader crypto sentiment surged due to:
Renewed US-China trade talks.
Bitcoin breaching the $100,000 mark.
Ethereum leading altcoin momentum.
Technical Outlook:
#pepe closed above the 200-day EMA and key Fibonacci levels, aiming for targets as high as $0.00004727.
PI broke its triangle pattern with targets at $0.95, and possibly $1.00, $1.39, and even $2.00 if bullish momentum continues.
Conclusion:
Pi Network may follow PEPE’s #Breakout trajectory, with analysts eyeing higher Fibonacci targets if market sentiment remains strong.