O preço do Pi Network subiu 25% na semana, a tendência de alta continua forte antes do Pi Day

Pi Network（PI） tokens slightly increased by about 3% this week, after a cumulative rise of up to 25% last week, currently holding above $0.21. The overall technical structure of PI remains bullish, with the 100-day exponential moving average (EMA) providing ongoing support, and the approaching Pi Day (March 14) also generating event-driven demand expectations for the token.

Pi Day Catalyst: The Event Effect Repeats

The recent trend of Pi Network shows clear event-driven characteristics. Looking back to the first anniversary of the network’s launch on February 20, PI experienced a significant demand surge in the week prior. Similarly, the current trend ahead of Pi Day on March 14 is highly comparable to that period.

Although the CEX deposit volume of PI tokens technically hints at profit-taking pressure, the concentrated release of demand has not caused a notable pullback—Monday’s 3% increase and the holding above $0.21 indicate that market buying is sufficient to absorb short-term selling pressure. Analysts believe that as long as the positive sentiment before Pi Day persists, the upward momentum of PI tokens may continue this week.

Technical Analysis: Key Support Holds, Clear Breakout Targets

(Source: TradingView)

From a technical perspective, the bullish structure of Pi Network remains consistent across major indicators:

Current Price: around $0.2200 (recovered after a 10% correction on Sunday)

100-day EMA: $0.1973 — core support, maintaining above this level is a bullish prerequisite

Short-term Breakout Target: surpassing last Friday’s high of $0.2396 to confirm upward momentum

Medium-term Target: 200-day EMA at $0.2854, representing a potential extension of this rebound

MACD: has risen above the signal line, with increasing positive histogram, indicating strengthening bullish momentum

RSI: approximately 64, approaching overbought levels, with ongoing buying pressure

Main Support Zones

$0.2000: psychological round number, first line of defense

$0.1973: 100-day EMA, short-term trend support

$0.1813: 50-day EMA, deeper technical support

Frequently Asked Questions

How does Pi Day (Pi Approximation Day) affect the price of PI tokens?

Pi Day, celebrated annually on March 14 (3.14 ≈ π), is an important cultural event for the Pi Network community, often accompanied by ecosystem activities, announcements, or user growth milestones. Similar to the first anniversary of network launch, Pi Day tends to trigger increased attention from users and investors in the lead-up period, boosting short-term demand and trading activity, resulting in event-driven short-term rallies.

Does a surge in CEX deposit volume indicate that PI will soon decline?

An increase in CEX deposit volume (tokens transferred into exchanges) is generally interpreted as a potential precursor to selling pressure, since tokens entering exchanges are often for sale. However, during an event-driven rally, such deposits may also reflect active participation by traders rather than purely bearish intent. Combined with PI holding above the 100-day EMA and MACD remaining bullish, the current technical structure suggests that selling pressure has not yet dominated the market.

What key resistances must PI break to reach the 200-day moving average target?

PI needs to first break and hold above last Friday’s high of $0.2396 to confirm the continuation of short-term upward momentum. Then, with sustained volume support, it can aim for the 200-day EMA at $0.2854. During this process, the current consolidation zone around $0.2200 must also turn into an effective support rather than becoming resistance again.