Pi Network Price Forecast — PI Hits Monthly High Amid Growin
Just Crypto Only
Updated at: 3 hours ago
{"content":"Pi Network Price Forecast — PI Hits Monthly High Amid Growing Migration Activity
Pi Network reaches a monthly high on Monday, with bulls targeting $0.30.
After 2.69 million Pioneers migrated to the mainnet, CEX wallets received a record 2 million PI.
PI token rise may be boosted by 50-day EMA breakthrough.
At publication time on Monday, Pi Network (PI) exceeded the 50-day Exponential Moving Average at $0.2638. Pioneers, or Pi Network users, migrated to the mainnet, driving market demand over supply. The technical picture is optimistic, implying more gains if PI coin remains above $0.2638.
CEX inflows can't meet demand.
Following last week's revelation that 3.36 million Pioneers passed KYC verification, Pi Network has been online for five days. 2.69 million Pioneers may move to the mainnet, but the remainder may have to fulfill the criteria. Pioneers may move their PI token holdings to KYB-verified Centralized Exchanges, which increases supply pressure.
PiScan data reveals that CEX wallet balances have received 2.02 million PI tokens in the previous 24 hours. PI token prices rise when market demand rises after the migration outpaces supply pressures.
Pi Network recovery: Will it continue?
On Monday, the PI token was up 25% at $0.2638, over the 50-day EMA. The mobile mining cryptocurrency continues its ascent for the fifth day, targeting $0.3220, which supported it in late September.
The PI cryptocurrency trades above the 50-day EMA at $0.2368, which has historically provided many bearish reversal marks. Keeping PI above this average level might continue the rebound.
#pi #PiCoreTeam $BTC $ETH $SOL ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/27/384c0724e8d7729e207f240451844933.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}