The post Pi Network Price Prediction: PI Sits At Make-Or-Break Support As Testnet RPC Drops appeared on BitcoinEthereumNews.com. PI trades at $0.1685, down 0.06The post Pi Network Price Prediction: PI Sits At Make-Or-Break Support As Testnet RPC Drops appeared on BitcoinEthereumNews.com. PI trades at $0.1685, down 0.06

Pi Network Price Prediction: PI Sits At Make-Or-Break Support As Testnet RPC Drops

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
  • PI trades at $0.1685, down 0.06%, with the lower Bollinger Band at $0.1614 as the only support and SAR at $0.1945 still bearish overhead.
  • Pi Network’s RPC server is live on Testnet, enabling smart contract development and third-party node deployment for the first time.
  • Pi Network ranks 8th globally by token holders at 94.9M, ahead of Bitcoin’s 76.6M.

PI trades at $0.1685 on April 9, sitting just above the lower Bollinger Band at $0.1614 as the post-March correction drags on, while the RPC server launch on Testnet hands developers the first real tool to build smart contracts inside the Pi ecosystem.

PI Daily Chart: Lower Band Holds But The SAR Has Not Budged

PI Daily Price Action (Source: TradingView)

The March spike to $0.3050 was a clean buy-the-rumor move built on Pi Day and the Kraken listing. Both events arrived, both triggered selling, and PI has spent five weeks unwinding back to the lower Bollinger Band at $0.1614, the same zone that caught the February low.

Bands are compressing after the post-spike expansion. Upper band at $0.1779, middle band at $0.1944, lower band at $0.1614. Price sits in the lower quarter of the range with the SAR at $0.1945 still bearish, aligned almost exactly with the middle band. The ascending trendline from the February low rises toward current price and adds a second layer of support converging at the same zone. A daily close above $0.1944 is the first signal the correction is done. SAR flipping at $0.1945 confirms it.

Key levels for April 10:

  • Lower Bollinger Band: $0.1614
  • Upper Bollinger Band: $0.1779
  • Middle Band / SAR: $0.1944 to $0.1945
  • February low: $0.1380
  • March high: $0.3050

Pi Network Ranks 8th By Token Holders, Ahead Of Bitcoin

Analyst Szymanski’s chart puts Pi Network at 94.9M token holders, ranking 8th globally ahead of Bitcoin at 76.6M. BNB Chain leads at 322.2M, Ethereum follows at 305.4M. Pi sits just below NEAR Protocol at 131.6M and Polygon at 136.2M.

Related: Shiba Inu Price Prediction: Burn Rate Up 102% But SHIB Cannot Clear A Single EMA

Most networks above Pi on that list built comparable holder bases over five to eight years at far higher valuations. PI has 94.9M holders with price still under $0.20, which is a distribution depth that becomes relevant when the correction ends and fresh buyers look for a reason to enter.

RPC Server On Testnet: What It Actually Means For PI

Pi Network released an RPC server on Testnet that lets developers build, test, and deploy smart contracts using real-time blockchain data. Node operators and third-party services can run their own RPC servers independently.

Before this, PI had exchange access and a user base but no on-chain development layer. The RPC launch changes that. Developer activity on Testnet now creates a pipeline of ecosystem announcements that gives the next wave of buyers a reason beyond the Kraken listing narrative to own the token.

PI Price Prediction: April 10 Outlook

  • Upside: Lower band at $0.1614 holds, ascending trendline supports from below, and a daily close above $0.1944 flips the SAR simultaneously. First target is $0.2300, with $0.2500 as the April ceiling if RPC adoption announcements add fuel.
  • Downside: $0.1614 breaks on a daily close, the trendline from February gives way, and the February low at $0.1380 is the next stop with nothing in between to slow it down.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/pi-network-price-prediction-pi-sits-at-make-or-break-support-as-testnet-rpc-drops/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

$30,000 in PRL + 15,000 USDT

$30,000 in PRL + 15,000 USDT$30,000 in PRL + 15,000 USDT

Deposit & trade PRL to boost your rewards!