How High Can PI Coin Rise This Month?

Pi Network is heating up again after a long period of fall. But is this a real breakthrough or just a bullish fakeout? Let's take a look at the chart and see where the price of PI might head next. Price Prediction for PI: What Does the Daily Chart Reveal?

Looking at the daily chart, the price of PI is currently around $0.6083, recording a strong daily increase of +9.57%. This follows a prolonged fall from a local high of nearly $3.5 at the beginning of 2025. The recent bullish candle is very significant—it has surpassed the short-term resistance level of $0.575, closing above this level for the first time in several weeks. However, the 20-day and 50-day moving averages still act as resistance levels above, with the 50 SMA at $0.657 and the 100 SMA at $0.7106. This provides us with the next potential resistance zone around $0.65 to $0.71. If the PI price maintains its bullish momentum and reverses these levels into support, we could realistically see a bullish move towards $1, which is also an important psychological barrier and aligns with the historical resistance area from May. The Fibonacci retracement quickly fell from a peak oscillation level of $3.50 to a trough oscillation level of nearly $0.50, indicating that the 0.236 level is around $1.19, which could serve as a long-term bullish target if the buyers truly take control. What's Happening on the Hourly Chart?

The hourly chart tells a different story but has support. After several days of consolidation and a strong drop below $0.52, the price of PI quickly recovered and formed a bullish structure with higher lows and a clear breakout above the 100-hour SMA. At the time of writing, PI is trading at $0.6241, up 3.08% on the day. A golden cross has recently formed on this lower time frame, where the 50-SMA crosses above the 100-SMA, indicating the beginning of a short-term bullish momentum. Even more notably, the breakout candle surged past $0.60, breaking through the dense resistance cluster between $0.582 – $0.6098. This clear breakout on several moving averages and resistance levels signals that PI may revisit the resistance level around $0.633, a level it briefly touched in the recent candle. A close above this area could lead to a strong bullish move up to $0.70, supported by a thin volume profile in that range. Can the price of PI really reach $1 again? Let's calculate If the price of PI continues to be bullish and closes above $0.65 on both the hourly and daily time frames, it will pave the way to $1. Here is a simple forecast: Current price: $0.62Immediate resistance: $0.633Short-term target: $0.70Medium-term target: $1.00 If the price of PI can increase by 60% from the current price (0.62 dollars × 1.6 dollars ), the price will reach 0.992 dollars, just a little short of hitting the 1 dollar mark. This is entirely possible if trading volume increases and broader market conditions support the bullish altcoin trend. Moreover, PI has a history of quick bullish, as seen in the spike from $0.50 to over $3. This demonstrates that when momentum increases, the coin can move in a parabolic manner. A clear breakout above $0.71 and reclaiming $1 could bring the next wave of buyers targeting the Fibonacci extension range of $1.20–$1.50. What Are Risks? Although the chart appears bullish, it is important to note that PI is still trading below all major daily moving averages. The SMA 100 and SMA 200 are both sloping down, which means the macro trend remains bearish until proven otherwise. If the buyers cannot hold above $0.60, the price may fall back to $0.55 or even the recent low of $0.50. Price Prediction for Pi: How High Can PI Go in June? If the current bullish momentum is maintained and the PI price closes above $0.65 on the daily chart, then the price is likely to rise to $0.90–$1.00 this month. If the buyers break through that psychological barrier, the bullish trend could extend to $1.20–$1.50. But currently, the buyers must protect the support range of $0.60–$0.63 at all costs. Pi Network is showing signs of revival. The chart indicates a bullish breakout is occurring, but key resistance levels need to be cleared. If it holds above $0.60 and surpasses $0.71, PI could return to the $1 mark much sooner than many expect. Let's see if Pi has what it takes to return to the spotlight.