Pi Network Loading: Whales Are Here — Are You?
With gains of 28% in the previous week, this price action indicates a continuous advance for the Pi cryptocurrency. Rising market interest, favorable technical patterns, and notable whale accumulation—signaling increasing investor confidence in the Pi Network market—fuel the surge.
Technical Notes Point to Bullish Setup
Pi Coin price broke through important micro-resistance at $0.65 on May 8 early trade hours. A breakthrough propelled by a golden cross on the MACD and persistent overbought indications on the RSI drove the Pi Network Coin value to $0.78—a level presently functioning as strong resistance.
Following high, the price went into a consolidation period spanning support at $0.70 to resistance at $0.78. Analyzers think a breakthrough above this area might set off a rapid climb. "If bullish momentum sustains, Pi could cross $0.80 and test $0.95 or even $1.00 in the next days," stated one technical expert.