Pi Coin (PI) Price Prediction: Pi Coin Has Posted a Strong Price Breakout

Pi Coin has posted a strong price breakout over the past few days, reaching a recent high of $0.78659 on the 4-hour chart

Pi Coin has shot up sharply in recent days, hitting a high of $0.78659 on the 4-hour chart. At press time, Pi Coin was slightly lower at $0.77309. This represents a more than 40% gain from previous support levels below $0.60.

Technical Analysis Of Pi Coin

The Relative Strength Index (RSI) was heavily overbought, at 72.31. RSI readings above 70 often indicate overbought conditions, which may lead to near-term price corrections or consolidation phases. This aligns with historical patterns where steeper pullbacks or pauses in price action usually occur when RSI reached levels above 68.

The Moving Average Convergence Divergence (MACD) indicator remained positive, with the MACD Line trading above the Signal Line, indicating bullish momentum. However, the histogram bars were beginning to shrink, which could be an early sign that buying strength was fading.

Bollinger Bands also reflected the aggressive price action. Pi Coin broke through the upper band, which suggests that the asset is trading above its 20-period moving average.

Often, when an asset breaks through the upper band and other indicators also show overbought conditions, a pullback to the midline or support levels can be expected.

Key support zones to watch were at $0.61006 and $0.58451, areas where buyers previously stepped in. On the upside, the $0.80123 mark acted as immediate resistance. A confirmed breakout above this level could open the door to a fresh leg higher. Failure to hold above the Bollinger midline, currently at $0.69891, could suggest a deeper pullback.

Market volume data was not available in the current chart, which limited confirmation of the strength behind this move. Still, the rapid increase in Pi Coin price suggests substantial market interest, potentially driven by speculation, upcoming announcements, or a shift in sentiment around the Pi Network project.

Pi Coin showed strong bullish movement but was now trading in overbought territory across multiple indicators. Traders and investors may want to approach with caution, looking for consolidation or retracement levels to provide better entries. Holding above the $0.69–$0.70 range would help maintain a bullish structure in the short term.