In a massive boost for stoic Pi crypto holders, Pi price is pushing back to the upside with a +3% gain over the past 24 hours, firing up hopes of a Pi Network recovery.
This comes following a tough month of downside price action for what was, at launch, one of the most highly anticipated airdrops of 2025.
Just a week ago, news of a Telegram-linked partnership reinvigorated holder hopes, with many praying Toncoin would bring fresh volumes—however, this has failed to materialize so far.
Still down 19% in 7 days, Pi Network is no exception to the market-wide crypto crash, which has seen trillions in value shed following Donald Trump’s seismic trade tariff bombardment.
PI Price Analysis: Will +3% Move Trigger Recovery Rally for Pi Crypto?
As price shows resilience at a key moving average retest, Pi crypto is currently trading at a market price of $0.60 (representing a 24-hour change of +3%).
This comes amid a high-time frame channel, which has trapped PI price in a downside move for days since the all-time high on February 26.
Yesterday, brief hopes of a successful breakout were crushed when the price was rejected at upper-trendline resistance around $0.80.
(PIUSDT)
However, at present, Pi crypto is showing resilient support above the 20DMA in what could form a launchpad for a second re-test of trendline resistance.
Such a recovery move will be critical at PI price targets a break back above $1 as a confirmation of a reversal rally.
This, however, seems unlikely with the RSI overheating rapidly on the $0.8 retest and only cooling down to neutral 48.5, signaling at the current MA20 support.
Overall, this suggests either consolidation into the rocky market open next week or a loss of moving average support in the coming days.
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