
PI Networks (PIs) have grown by more than 3% in the last 24 hours, indicating strong bounces from key support in recent years.
Some traders believe this recovery could mark the start of the next leg higher as sales pressure begins to ease.
The popular Crypto Trader Xia, which has been on the rise of over 135k on the X, noted that the PI has recently surpassed $0.63 resistance on strong volumes.
Meanwhile, pseudonymous users emphasize that users’ interest in PIs has strong 1.8 million active participants during the latest PIFEST, indicating strong community support.
Similarly, Crypto analyst Dr. Altcoin believes that as PI lists tokens, they can recapture some of the territory they lost during recent sales.
Top Cryptocurrency Exchange Similarly, the network declined to onboard PIs because it required you to know your business (KYB) screening process, which is not uncommon in the cryptographic field.
However, Dr. Altcoin argues that as demand for tokens rises, there is no other option for these exchanges other than going through these procedures to acquire an uptick in trading volume for PIs.
PI networks should clear $0.6375 for bullish breakout
The PI network integrates within a clear symmetrical triangle that holds the company beyond the $0.60 support zone.
Price action suggests that higher and lower values are steadily forming, and bullish pressure builds up beneath the surface.

The RSI has climbed and now sits at 54.5, reflecting its strength to grow without entering the acquired territory.
The momentum of the MACD is a slightly positive shift, indicating an forward bullish crossover, as the histogram bar changes to green.
A breakout above $0.6375 could trigger a quick move towards $0.675, offering about 9.4% in order of almost 9.4%.
There are analysts who speculate that the bullish setup could be ready for a much bigger move with long-term targets of up to $10.
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This post is about to explode with PI networks to $10? Analysts say Cryptonews is gaining momentum.