Pi Network (PI) Price Prediction: Can the HTX Exchange Listing Catalyst Send PI to $3?

The cryptocurrency world never sleeps, and once again, all eyes are turning toward the Pi Network price.

The cryptocurrency markets never cease to amaze, and once again, all eyes are turning toward an unexpected coin. While other altcoins have been busy skyrocketing in recent weeks, Pi Network has remained relatively sluggish.

However, could this calm phase be coming to an end soon?

Pi Coin is starting to attract attention for all the right reasons. With the token trading steadily around $0.60 for several weeks, market watchers are noticing.

Unlike Bitcoin, which has recently soared to new highs at $94,000, or altcoins like Sui and Bonk that enjoyed double-digit gains, Pi Coin has been lagging behind. Its current price is down almost 80% from its yearly high, making it one of the biggest laggards in the market.

Meanwhile, the Solana meme coin sector is experiencing an explosive rally, with its market cap jumping from $6 billion to over $10 billion in just days. In contrast, the Pi Network price has moved sideways, hinting at an accumulation phase according to Wyckoff Theory. This theory suggests that after a prolonged sideways movement, assets often enter a markup phase, driven by the Fear Of Missing Out (FOMO).

Is HTX Exchange Listing The Key Catalyst For Pi Coin?

One major catalyst that could push Pi Network into a new bull market is an upcoming exchange listing. HTX, a globally recognized crypto exchange, has been teasing its audience with clues about new listings. Recently, they shared a social media post featuring various token logos, including Pi, which HTX has not listed yet.

If HTX officially lists Pi Coin, it would expose Pi Network to millions of active users, unlocking massive liquidity and visibility.

Historically, tokens listed on major exchanges often experience a sharp rise, sometimes by double or even triple digits. Of course, an HTX listing is significant, but the true jackpot would be listings on giants like Binance and Coinbase. Still, the HTX exchange listing alone could be enough to ignite a substantial Pi Coin surge, pushing prices closer to that elusive $3 target.

What Does Technical Analysis Reveal About Pi Network Price?

Technical indicators are also aligning with the optimistic narrative. On the four-hour chart, Pi Coin has maintained its position above a critical ascending trendline that began forming in early April. Stability above this line is crucial, suggesting that strong support is in place.

More interestingly, both the MACD and the RSI indicators show a bullish divergence. While the price has moved sideways, these indicators have been trending upwards, hinting at building momentum beneath the surface.

If the Pi Network price can break above its immediate resistance level at $0.7715, it could trigger a wave of buying pressure, potentially leading to a short squeeze.

Could Pi Coin Actually Reach $3 Soon?

While caution is always warranted in the volatile crypto markets, the current signs are certainly encouraging. A confirmed HTX exchange listing would act as the spark Pi Network needs.

Combined with bullish technical setups and underlying market psychology, a Pi Coin surge to $3 does not seem out of reach. Investors must keep an eye on the $0.7715 resistance level. If Pi Coin smashes through it, we could witness rapid movement fueled by traders rushing to get in early.

As always, smart investors will keep an equal focus on both social media clues and official announcements from HTX.

Is It The Calm Before The Pi Coin Storm?

The lack of significant news on Pi Network price is unusual, but history shows that periods of calm often precede explosive market movements.

With the possibility of a major exchange listing and bullish technical patterns, all ingredients for a breakout are in place. Will the upcoming weeks see a massive Pi Coin surge to $3, or will the token continue its sluggish performance?

Only time will tell, but the current setup at least deserves some attention. In the meantime, the crypto world watches and waits because when Pi moves, it could move fast.