With crypto whales rooting for Pi, the mobile mining altcoin is on the verge of a tremendous rebound rally. What’s lacking?
Pi Network’s main asset Pi Coin (PI) is going all-out for a 242% rebound rally if the long-term downtrend completion is confirmed. According to popular crypto analyst Javon marks, a hidden bullish divergence has established itself with the Moving average convergence divergence (MACD). This falls in line with today’s strong buy pressure among large investors.
With the crypto whales back on track, Pi Coin’s (PI) way upward is now only challenged by the lack of crypto listings and a sluggish trading volume. While KuCoin, Bybit & Binance have all dropped clues for the Pi community, popularly referred to as Pioneers, no official listings have been confirmed among big exchanges, except for OKX & MEXC.
Pi Coin’s 242% Upside Price Potential Deciphered
If the MACD crosses above this structure, Pi Network’s native token could pick up 242% gains to restore $1.23. This particular price level hasn’t been claimed since June, 2025. Do the current technicals support this 242% bounce back theory? DailyCoin’s research team dug into the on-chain data to find out.
With the MACD indeed crossing over to green territory again, Pi Coin’s (PI) price closure above $0.364 is critical for the rebound rally to sustain. The $0.364 represents the red-label Bollinger Band (BOLL), which also falls within the major demand zone the crypto currency was bought for before launching the mainnet. Conversely, a drop below $0.349 would constitute a full-fledged bearish takeover on the popular mobile mining asset, which currently floats above the $0.36 resistance.
While the Pioneers are highly anticipating major crypto exchange listings, the Pi Core team is hammering away on the second migration, which is expected to put the majority of miners on Pi’s mainnet. Due by the ending of this year, the second migration could significantly boost the on-demand volume of Pi Coin.
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