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Pi Network Stunning Comeback: Can Pi Coin Outperform Bitcoin in  April  2025?

3d ago
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Pi Coin experienced turbulence in the last week of March, losing over 70% of its value since February 2025. Initial speculation surrounding its open mainnet launch had fueled a surge before this sharp decline. Token unlocking news later worsened the rapid sell-off, leading to a broad market correction. However, recent Pi news and technical indicators suggest the token may be setting up for a strong recovery. An ascending triangle pattern has formed on its chart, hinting at a potential breakout in April.

Conversely, Bitcoin displayed relative stability but now encounters technical obstacles. It recently broke down from a rising wedge pattern, signaling a possible correction toward $79,742. This changing market dynamic raises the question: Could Pi Network temporarily outperform BTC in April?

Ascending Triangle Signals a Potential PI Breakout

PI’s recent downturn pushed its Relative Strength Index into oversold territory. This indicates that selling pressure may be diminishing for the token. Since hitting this level, PI has rebounded approximately 15 percent from its lows. It formed an ascending triangle on its one-hour and four-hour price charts, suggesting bears are losing control and signaling an imminent bullish reversal.

Chart 1 – Published on TradingView, March 28, 2025.

Technical analysis places the breakout target for PI near $0.94 to $1 based on the triangle’s height. This projection represents an additional 15% increase from current price levels. This technical structure could attract more traders if PI successfully breaks above the horizontal resistance level. Increased buying interest might then fuel further price appreciation for Pi Coin. However, its performance remains tied to speculative sentiment, especially concerning potential exchange listings.

Bitcoin’s Technical Weakness Could Favor PI

Unlike PI, BTC recently broke below the lower boundary of its rising wedge pattern. This bearish formation typically signals the end of an uptrend and the start of a correction. BTC’s price breakdown this week confirmed this negative technical outlook. Consequently, sentiment moved toward neutral-to-bearish territory among participants. Based on the wedge’s height, Bitcoin’s next downside target is $79,742.

Chart 2 – Published on TradingView, March 28, 2025.

Despite strong fundamentals, momentum indicators like RSI suggest weakening bullish sentiment for Bitcoin. If it continues declining, traders might shift attention to alternative assets like PI. This could happen particularly if PI’s technical setup signals an impending breakout soon. Such a dynamic could create a short-term scenario where Pi Network outperforms BTC due to technical factors rather than long-term adoption or network strength.

Exchange Listing Hopes Add to PI’s Momentum

Another key factor influencing PI’s price trajectory is the possibility of a Binance listing. A recent community poll revealed significant support, with 88% favoring this move. However, Binance itself has not confirmed any official plans. Securing a listing on such a major exchange could greatly enhance Pi Coin’s accessibility. The resulting increase in liquidity might provide a further boost to its price.

However, without official news from Binance or other major exchanges, PI’s rally remains speculative. Traders should be cautious, as past surges driven by listing rumors often resulted in sharp corrections when expectations for listings were ultimately not realized. Nonetheless, if a listing does happen in April, it could increase PI’s technical breakout potential. This development might drive substantial additional gains for the token.

Will Pi Network Sustain Its Potential Outperformance?

PI’s ability to outperform Bitcoin in April 2025 hinges on successfully breaking its ascending triangle pattern. If this technical structure plays out, PI could see a 15% increase in the short term. This move might allow it to temporarily outpace Bitcoin, which currently faces downside risks. However, sustainability remains uncertain due to the recent speculative nature of PI price movements.

While Pi Coin might enjoy a technical rebound, investors should remain cautious about its future prospects. Its price action remains dependent on market sentiment and technical patterns without fundamental drivers like increased adoption or real-world utility. As Bitcoin faces potential short-term corrections, Pi news in the coming weeks will determine if PI’s recovery is sustainable.

The post Pi Network Stunning Comeback: Can Pi Coin Outperform Bitcoin in  April  2025? appeared first on Coinfomania.

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