Market

Pi Network Hits New ATH As Trading Volume Surges

Pi Network (PI) surged 70% in 24 hours, reaching a $16 billion market cap and $2.3 billion in volume.

Haider Jamal
February 27, 2025

Strong DMI Uptrend

Despite hitting new highs near $3, technical indicators suggest possible volatility. PI could rise toward $4, but risks a pullback to support at $1.7 or $0.79.

Pi’s Directional Movement Index (DMI) also shows strong momentum, with the ADX climbing from 12.3 to 57.7. The high +DI and low -DI confirm a bullish trend, suggesting continued upward movement if buying pressure persists.

BBTrend Indicates Potential Pullback

Pi’s BBTrend dropped sharply to -11, signaling the uptrend may be overextended and vulnerable to correction or consolidation.

Pi could test $3.5 or $4 if buying continues, but the negative BBTrend suggests a potential pullback to $1.7, with $1.42 or $0.79 as further downside risks.

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.