PI crypto is up 14% on a 7-day timeframe, and several technical analysis indicators have also flipped to ‘buy’ territory, leading many investors to feel like a mega breakout is imminent.

However, PI has slipped 3.5% overnight, potentially indicating that the recent bullish price action was a dead cat bounce and more downside is yet to come.

Could PI crypto finally be nearing a mega-breakout, or will it be yet another failed attempt to reach its previous highs of $2.7?

(COINGECKO)

20SMA And 20EMA Both Flip To ‘Buy’ Signal, But Will PI Crypto Breakout From Here?

The Exponential Moving Average (20) and the Simple Moving Average (20) indicators have moved to values indicating that PI crypto is a ‘buy’ right now, hitting $0.4029 and $0.4020, respectively.

The Simple Moving Average is an indicator that calculates the average closing price of a cryptocurrency over a number of days, in this case, 20. EMAs put greater weight on the most recent prices, and as a result, have less lag than SMAs; they will react quicker to sudden price changes.

PI is trading for $0.4073, up nearly 14% over the past 7 days but down almost 2% overnight. Sentiment for PI crypto seems to be increasing, evidenced by a spike in daily spot trading volume, which is at $170 million, up from $120 million to $135 million in the days prior.

Could PI crypto finally be nearing a mega-breakout, or will it be yet another failed attempt to reach its previous highs of $2.7?

(TRADINGVIEW)

DISCOVER: 20+ Next Crypto to Explode in 2026 

Interestingly, PI processes such high amounts of trading volume without a Binance or Coinbase listing. The biggest exchanges that PI is currently listed on are OKX and Gate.io, which are the two platforms that account for most of the PI volume, at $50M and $45M, respectively.

The worrying metric for PI crypto and its investors is that the token is trading way below its February 2025 launch price of $0.87. Within a week of going live, PI hit $2.78, which still stands today as its all-time high price. At its current price of $0.4, it is down 86% from those highs.

PI is the 48th largest digital asset by market cap, at $3.194 billion, with a fully diluted valuation of $4.9 billion. It sits just behind RWA powerhouse ONDO Finance in the rankings, with ONDO valued at $3.25 billion.

A breakout from here is a must if PI crypto will have any chance of reclaiming its all-time high and possibly even making a new one as Ethereum and the broader altcoin market continue to heat up as we head deeper into Q3.

BONUS: Meme Coins Season Is Here And There’s A New Doge In Town – Enter Maxi Doge (MAXI)

Maxi Doge (MAXI) is a brand-new meme coin on the market that has already raised over $650,000 in its presale. Think of MAXI as a DOGE 2.0, or Dogecoin on steroids, a perfect play for pure degens seeking out the next 100x meme coin play.

With Bitcoin on the brink of yet another all-time high and Ethereum hitting levels not seen since November 2021, the entire crypto market is shaping up for a parabolic move. Everybody knows that meme coins always run the hardest.

MAXI is a meme coin that takes the best aspects of the space and levels them up for maximum gains. A cult-like, organic community is already being built and taking over social media.

The team isn’t resting on Maxi Doge simply being a meme coin; it is packed full of utility, including native staking that offers an insane 431% APY, community contests with MAXI rewards, and even a futures platform integration & gamified tournaments.

This is the type of project that feels destined for insane growth and gains over the coming months, as investors eagerly seek out the next blue-chip meme coin play.

Just over 36 hours remain until the Maxi Doge presale moves onto its next price stage. It is currently being sold for $0.0002515, but once the timer hits zero, that price will be gone for good.

Visit MAXI Here

EXPLORE: Best Meme Coin ICOs to Invest in 2026

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More

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