Pi Price Jumps 10%: A Bigger Rally Next?

Main Idea
Pi Network's price surged 10% to $0.40, breaking a key resistance level, with potential for further growth towards $1.20–$1.30 in the coming months.
Key Points
1. Pi price jumped 10% to $0.40, breaking a key resistance level, with support between $0.25 and $0.30.
2. A breakout could push Pi's price toward $0.60–$0.70 initially, with potential to reach $1.20–$1.30 in the mid-term.
3. Analyst Dr. Altcoin remains bullish, stating he would buy more Pi if the price dropped to $0.10, citing payment reach and innovation as key strengths.
4. Pi previously reached an all-time high of $2.98 but dropped 86% due to heavy selling and a market downturn.
5. Experts identify a bullish 'falling wedge' pattern, suggesting potential for further price increases despite possible short-term dips.
Description
Pi price jumps 10% to $0.40, breaking key resistance level. Support zone for Pi price stands between $0.25 and $0.30. Breakout could send Pi toward $1.20–$1.30 in coming months. Pi Network’s price has jumped 10% in the last 24 hours, breaking above an important resistance level and trading at $0.40 at the time of writing. This move could mean the start of a trend reversal, with the possibility of a 40% rally that might push the price toward $0.53. Pi isn’t the only altcoin on the move. Here’s ou...
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