Pi Coin’s price climbed 3.2% to $0.3665, with a W shaped pattern suggesting a 40% rise to $0.53.
Two upgrades, Stellar’s tech improvement and better KYB processes, are building confidence in Pi’s future.
With 2.8M coins leaving exchanges, buyers must outpace sellers to reach $0.53 and possibly $2 by 2025.
Pi Coin’s price is up 3.2% to $0.3665 today, August 8, after dipping to a low of $0.335 earlier this week. A promising double bottom pattern, shaped like a W, has appeared, suggesting a potential 40% climb to $0.53.
Trading volume surged 52% to $76 million per CoinMarketCap data, showing traders are jumping in. With two major upgrades in the Pi Network, people are hopeful for a big rally.
Network Upgrades Drive Confidence
The double bottom formed when Pi Coin held firm at $0.336, drawing buyers back. If it pushes past the $0.3773 resistance, the pattern could lock in, setting the stage for $0.53.
The RSI above 50 and the price nearing the 50 day SMA signal th
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