PI COIN TO HIT $2 IF PI NETWORK PRICE BREAKS THIS RESISTANCE!

Pi Coin's recent surge past $1 has sparked interest in its potential to hit $2. To reach this milestone, Pi Network's price needs to break through key resistance levels. Here's what's happening:

Current Price: Pi Network is trading at around $0.7423, with a 1.24% intraday drop due to the unlock of 15 million tokens on May 27.

Resistance Level: The immediate resistance is at $1.40, which is also a horizontal and Fibonacci resistance level. Breaking above this level could pave the way for a new all-time high and potentially drive the price to $2.

Support Levels: Key support levels are at $0.80 and $0.52. If the price breaks down from the current triangle pattern, it may test the lower Bollinger band at around $0.52 before rebounding.

Technical Indicators: The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are increasing, indicating growing bullish momentum without evident weakness.

Market Sentiment: Analysts predict that if Pi Network's price breaks above $1.40, it could surge to $2, especially with upcoming developments and announcements from the Pi Core Team.

Some predictions for Pi Coin's future price are :

2025: $3.3 to $5.5, with potential targets of $0.75 to $1.20 mid-year and $1.50 to $2.00 if bullish momentum builds.

2030: $3.8 to $5.1, depending on market conditions and ecosystem progress.

The upcoming announcement from the Pi Core Team, expected to discuss ecosystem-level upgrades and real-world utility integrations, could significantly impact Pi Coin's price. A successful execution of roadmap goals and continued market interest may drive the price up .#CryptoCharts101 #USChinaTradeTalks $BTC #USChinaTradeTalks