Pi Network Rallies 31% in 24 Hours: $1 Next?

Key highlights

• Pi network rallies by 31% in 24 hours to a 2 months high

• Strong upward momentum signals a potential upswing to $1

PI Rallies to a 2 Months High

The Pi Network (PI) has experienced an explosive rally over the past week, with its price soaring by over 60%, pushing it to the $0.95 level. The sharp upswing is grabbing traders’ attention, as Pi continues to show strong upward momentum following months of consolidation.

Pi Network/USD price chart on OKX showing significant upward movement, with a 31.54% increase to $0.9608 amidst notable trading volume and MACD indicators trending upwards.

On daily timeframe, PI network is up by 31.54% reaching 2 months high of $0.98. At the same time, the altcoin's volume has risen by 167.25% reaching $611 million while its market cap rises to $6.7 billion.

The surge in and market cap Indicates growing interest , confirming increased participation in the recent rally. This volume breakout supports the price action and indicates that the surge is not just a short-term spike but could evolve into a more sustained upward move.

PI Technical Indicators and what they Say

The daily candlestick shows that PI/USD has broken above a long-standing resistance, surging past recent highs with a strong green candle and high volume. The price has rallied from a low of around $0.76 earlier in the day to nearly touching $0.99—marking a new local high.

Additionally, the MACD indicator shows a significant bullish crossover, with the MACD line surging above the signal line. Both are in positive territory, confirming upward momentum and suggesting that bullish pressure is gaining traction. The MACD histogram continues to expand to the upside, indicating strengthening bullish sentiment.

Next Move for the Altcoin

While PI is currently trading at $0.95, it’s approaching a psychological resistance at $1.00, which may act as the next hurdle. If bulls manage to clear this level with strong momentum and volume, the next resistance could be around $1.30 - $1.50, where the previous consolidation zone sits.

The Pi Network’s price action is showing a strong breakout from its prolonged downtrend, backed by a bullish MACD crossover and increasing trading volume. With a weekly gain of 60% and technicals favoring buyers, Pi may be setting up for another leg higher — provided it can break above the $1.00 resistance zone with conviction.

As always, investors should remain cautious of volatility and watch for confirmation before entering fresh positions.