Pi Coin Price Prediction: PI Pumps 4% Overnight, Recovery Ahead? - Coinedict

Pi Coin (PI) surprised traders with a 4% overnight price jump, climbing above $0.36 as trading activity surged by more than 64% in 24 hours. While the token has faced heavy criticism and a steep downtrend in recent months, the latest move suggests a potential shift in momentum.

Pi Coin Trading Activity Picks Up

For the past nine days, Pi’s daily trading volume stayed under $100 million, dropping as low as $26 million on August 26. This slump reflected fading investor confidence as the coin failed to ride the broader crypto market rally.

Currently, Pi remains down more than 79% year-to-date, weighed down by concerns about centralization, lack of transparency, and regulatory warnings in several countries. Major exchanges like Binance and Coinbase still refuse to list PI, citing ongoing doubts about the project’s legitimacy and the fact that its smart contract is not fully open source.

Pi Coin Price Prediction: Can Bulls Hold $0.335?

Despite the skepticism, Pi’s 4-hour chart shows some encouraging technical signs. The token has been forming higher lows since hitting its all-time low of $0.32. Importantly, it has not revisited those levels in the past 20 days.

• Support Zone: $0.335 remains the key area to watch. Holding above this level could confirm bullish momentum.
• Breakout Pattern: A move above resistance from the descending triangle would open the door to further gains.
• Upside Targets: Analysts suggest the first target sits at $0.45, followed by a potential run toward $0.60 if momentum strengthens.

This scenario points to a possible 66% upside from current levels if bulls maintain control.

Why Investors Remain Cautious

Pi Coin’s reputation continues to suffer from:

• Regulatory warnings in multiple countries labeling it a potential scam.
• Centralization concerns that undermine trust in its long-term sustainability.
• Lack of exchange listings on leading platforms.

Unless the Pi Network addresses these issues, the bullish case may struggle to hold.

Meme Coins Stealing the Spotlight

While Pi fights to regain investor trust, meme coins like Wall Street Pepe (WEPE) are grabbing attention. WEPE recently announced a migration from Ethereum to Solana, a move expected to boost trading volumes and strengthen its community.

As part of the transition, WEPE’s team confirmed a large token burn, reducing circulating supply and potentially fueling price growth. With Solana being the preferred chain for meme tokens, WEPE is positioning itself for a strong breakout.

Pi Coin has shown early signs of recovery after its 4% price jump, but skepticism around the project remains high. If the $0.335 support holds, bulls may eye $0.45–$0.60 as the next targets. Still, without resolving transparency and centralization issues, Pi’s long-term outlook remains uncertain.