Pi Network's Native Token Pi Coin Is Gaining Traction, Up 40% in the Past Week

Pi Network's native token Pi Coin is gaining traction in the crypto community recently with its latest partnership with Chainlink. This latest development has sparked optimism

Pi Network’s native token, Pi Coin (PI), has recently come into the limelight with its latest partnership with Chainlink. This development has sparked optimism among Pi investors about a potential rally. Analysts are also predicting a Pi Coin price rally to $3.

Pi Coin trades at $0.75 at the time of writing, Thursday. It has already seen a 40% rally over the past week. The coin has outperformed several major cryptocurrencies since the Black Monday crash. It is known for its unique airdrop program and community-driven approach to blockchain technology.

Chainlink-Pi Collaboration Boosts Pi Network’s Prospects

The integration with Chainlink’s Data Streams is expected to enhance Pi’s utility in the Web3 ecosystem. It will also improve Pi Coin’s chances of being listed on major centralized exchanges like Binance. Chainlink’s Data Streams provide reliable on-chain pricing data for decentralized applications (dApps), which could significantly boost Pi Coin’s adoption.

Analyst MrSpockApe noted, “With this move, Pi Network and its cryptocurrency PI are part of Chainlink’s data feeds that will allow decentralized applications (dApps) to access reliable on-chain pricing data for Pi token.”

Image Credit: Mr Spock Ape/ Twitter

The technical outlook for Pi Coin supports the bullish sentiment. A rounding bottom pattern on the four-hour chart indicates a potential rally to $1.13, with further gains possible if the token flips resistance at $1.12. Analysts believe this could pave the way for a parabolic run toward $3. The Relative Strength Index (RSI) currently sits at 65, suggesting strong bullish momentum, although caution is warranted as the MACD indicator hints at a potential sell signal.

Chainlink integration has also fueled speculation about Pi Coin’s listing on top-tier exchanges, a move that could catalyze further price growth. Some market watchers predict a long-term rally to $10, but $3 seems a more realistic target in the short term.

With rising utility and growing community support, Pi Coin appears poised for a breakout. However, mixed technical signals suggest investors should monitor key resistance levels closely before making any moves.

Will Pi Network achieve its $3 milestone? Only time will tell. For now, let’s take a look at the latest Pi Coin price action and form a short-term prediction.

Pi Coin Price Analysis: PI Holds On To $0.75

Pi Coin started yesterday’s trading session at $0.7169. With a midnight golden cross in play, Pi Coin embarked on a steep upward trend, which took it to $0.7620. However, RSI’s foray into the overbought zone called in a trend reversal. A death cross soon appeared, and Pi Coin slid to $0.7295.

The selling pressure quickly fizzled out, and Pi Coin started climbing again at 6:10. Around 13:00 UTC, Pi Coin faced rejection at $0.7760. However, the overbought RSI and the death cross MACD did not allow Pi Coin to test the resistance further, as a sharp reversal followed.

Chart 1: Published on TradingView, April 14, 2025

The Pi Coin price was brought back to $0.7341 at 15:35. Soon enough, another uptrend began as Pi Coin touched $0.7636. This time, the reversal at 19:10 was swift as Pi Coin slumped to $0.7145, with $0.7135 being a strong support. The oversold conditions instigated a trend reversal as Pi started climbing again.

Pi tested the $0.76 resistance but failed to break through despite multiple attempts.

Pi Coin Price Prediction: Can PI Steer Closer To $0.80 Today?

At the time of writing, Pi Coin has stabilized around the $0.7560 mark. Its attempts to break the $0.76 resistance have been futile so far. The RSI is also nearing the overbought zone, which means if Pi does not ascend beyond the resistance soon, a sharp reversal is to be expected.

If that happens, Pi will look to form a new support around $0.7350. If it fails to do so, it will effectively reverse some of the gains it has made over the past week.