Pi Coin Price Surges 9.2% Today–Time to Buy Pi Network?

Just like most other cryptocurrencies, after any sign of economic trouble, Pi has seen an acceleration in its downtrend. This has been the case for the past two days; however, today, the Pi coin price surged. As of writing this, Pi coin is trading at $0.6087 with a 9.2% daily increase in value. The positive Pi news does not end here, as we can find multiple bullish signals when analysing the Pi price action. As such, let’s thoroughly go through these technical indicators to answer the question, “Will Pi surge in April?” with strong proof. 

Is Pi Ready to Soar? Elliott Wave Suggests a Big Move

Based on the Pi token price movement on a 4-hour and 1-hour basis, we can see an Elliott Wave. This formation, which is based on the repetitiveness of investor movement, shows that historically the current price movements are bullish. However, based on this technical indicator, there is also a possibility of further corrective price action. The long-term Pi coin price projection also seems to be bullish, as we can see a bigger ascending channel. The Elliott Wave’s short-term signal is mixed as the price can make an impulsive extension or a corrective intermission. 

Pi Coin Price Hints at Reversal: Pi Downtrend Finally Over?

The 4-hour Pi price action shows a slow progression towards the end of the five-wave Elliott corrective process. Today, we saw the price rise again, reaching and going above $0.55, forming the E wave. Till now, the Pi price action has been in line with this descending channel. This channel started to form as the Pi token began its continuous fall after it hit its all-time high. Pi ATH of $2.99 was reached on 26 February as the mainnet launch hype skyrocketed the value. During this prolonged descending price channel, Pi coin price has fallen 81.64%. 

Other technical indicators like the 4-hour Relative Strength Index are also showing bullish signals. The RSI is showing that Pi might have hit its bottom in the most recent crash, which started on April 2. This is because the Relative Strength Index puts the Pi token in the oversold range. As historical data suggests, hitting the oversold zone is usually followed by a bullish reversal in price movement. As such, Pi could be ready to break out of the descending channel as technical indicators flash green. 

Short-Term Pi Analysis: Calm Before the Next Surge

For the Pi coin price prediction, we move to the 1-hour price action, analysing the short-term price movement in detail. As the price action in Chart 1 highlights, the most recent Elliott Waves have been bearish. This consecutive downtrend started when Pi hit its previous high of $1.12, marked by a 0.618 Fibonacci level. In the short term, Pi could also hit another low as wave C represents a bearish signal. 

Chart 1 – provided by Nikola Lazic, published on TradingView, April 5 2025

As highlighted in Chart 1, the 1-hour RSI had fallen to a highly oversold level, signaling a small bounce after. However, now the RSI is near the 30 score, which suggests a consolidation period before the next surge. The current price action is not bullish; however, we can forecast Pi price surges based on the technical signals. 

Pi Coin Poised to Surge in April: Here’s Why

Additionally, recent fundamental Pi news supports the possibility of a bullish movement. Recently, the Pi coin was listed on the BTCC exchange, which is a highly bullish development. Additionally, the recent statistics released from the 2025 Pifest show a substantial increase in users and vendors. As such, our macro analysis tells us the answer to the question, “Will Pi surge in April?” is a yes.

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