Tag: increases

• Pi Network (PI) has risen 20% in the last 24 hours, reaching maximum $ 1.74.
• While the PI price remains 44% below its $ 2.99 peak, buyers can boost the token up.
• Potential catalysts that could catapult Pi include the next day and the possible inclusion in Binance.

The price of Pi Network (PI) has risen more than 20% in the last 24 hours, reaching intradic maximums of $ 1.74. Despite the increase, PI remains 44% below its maximum of February 2,99.

But why is the price of the Altcoin triggered? Could the bullies continue to go up?

Why does the price of Pi Network upload today?

The PI price shot from minimums of $ 0.61 on February 20 until reaching its historical maximum of $ 2.99 on February 26. Although the sellers took advantage of a generalized market fall, the native token of the cryptocurrency social network has remained firm.

The Altcoin seeks to generate bullish impulse after retreating from the maximum intradic. Currently, PI is firm after bouncing from $ 1.61.

The currency quotes around $ 1.67 at the time of writing this article. These positive movements are produced before Expected Pi Day, scheduled for March 14.

The day of Pi has a great weight for the project. Users must transfer their PI coins extracted in the test network to the main network before 8:00 AMTC of March 14, the final deadline after an extended grace period.

This date also marks six years since the launch of Pi Network. Migration generates enthusiasm, but KYC verification problems slow down some users. Technical failures leave many stuck, unable to transfer their coins.

Is the inclusion of Binance a factor?

The price of Pi Network has remained bullish since last month.

The Binance survey on the inclusion or not of the Altcoin obtained 87% of votes in favor. If specified, PI will be incorporated into the Binance Spot Market.

Although the Exchange has not yet announced its next steps, it is speculated that PI will become the main cryptocurrency exchange by negotiation volume.

In the graphics, Pi shows fortress. It is above the support of $ 1.60 in the middle of an increasing negotiation volume.

Although the resistance is coming in the region of $ 1.75 and $ 2.00, buyers could take advantage of the impulse of Pi Day to search for new demand recharge areas above $ 2 and towards the historical maximum.