PI Price Flashes Bullish Pattern — Could It Jump 22%?

cryptonews04-15 03:35

The PI price is flashing a falling wedge chart pattern on its 12-hour chart that analysts at Invezz say could push the token 22 percent higher toward the $0.200 resistance level, with smart contract ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPI Price Flashes Bullish Pattern — Could It Jump 22%?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-15 03:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/pi-price-flashes-bullish-pattern-eyes-0-200/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The PI price is flashing a falling wedge chart pattern on its 12-hour chart that analysts at Invezz say could push the token 22 percent higher toward the $0.200 resistance level, with smart contract ...</p>\n\n<a href=\"https://crypto.news/pi-price-flashes-bullish-pattern-eyes-0-200/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PI","symbol_name":"Impinj, Inc.","start_time":0,"source_url":"https://crypto.news/pi-price-flashes-bullish-pattern-eyes-0-200/","article_id":"2627429036","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/pi-price-flashes-bullish-pattern-eyes-0-200/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2627429036","pubTimestamp":1776195300,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"The PI price is flashing a falling wedge chart pattern on its 12-hour chart that analysts at Invezz say could push the token 22 percent higher toward the $0.200 resistance level, with smart contract catalysts and a Kraken listing adding fundamental weight to the technical setup.PI is trading around $0.164 to $0.167 and has exited the upper side of the falling wedge channel, a move that Invezz analysts say signals a likely rebound toward the next key resistance at $0.200, approximately 22 percent above the current level.The bullish technical setup runs directly against a structural headwind that is not chart-dependent. Approximately 230 million PI tokens are scheduled to unlock in the next 30 days, adding consistent sell pressure regardless of technical patterns or protocol upgrades. That daily unlock rate has been the primary reason PI has underperformed the broader market since its listing. Any 22 percent move toward $0.200 would need buying volume t","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"PI":"Impinj, Inc.","BLSG":"2倍做多BLSH ETF-Leverage Shares","BK4112":"金融交易所和数据","BK4141":"半导体产品","LU1878469433.USD":"THREADNEEDLE (LUX) - AMERICAN SMALLER COMPANIES \"A\" (USD) ACC","BLSX":"Tradr 2X Long BLSH Daily ETF"},"translate_title":"PI价格闪烁看涨模式——能否上涨22%？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PI":1.71,"BLSG":0.6,"BLSX":0.6},"content_text":"The PI price is flashing a falling wedge chart pattern on its 12-hour chart that analysts at Invezz say could push the token 22 percent higher toward the $0.200 resistance level, with smart contract catalysts and a Kraken listing adding fundamental weight to the technical setup.\n\n\nSummary\n\n\n\nPI is trading around $0.164 to $0.167 and has exited the upper side of the falling wedge channel, a move that Invezz analysts say signals a likely rebound toward the next key resistance at $0.200, approximately 22 percent above the current level.\nA drop below the support level at $0.15 would invalidate the bullish outlook; a single whale address has accumulated approximately 350 million PI worth roughly $134 million, becoming the network’s sixth-largest holder, which signals long-term accumulation even as daily token unlocks of roughly 230 million PI create consistent sell-side pressure.\nFour near-term catalysts are cited for the setup: the RPC testnet launch on April 11, the Protocol v23 smart contract upgrade due May 18, a Kraken listing, and the ongoing KYC verification process that has already cleared over 16 million users.\n\n\n\nInvezz’s April 14 analysis identifies the falling wedge as a classic continuation pattern in which price compression within converging trendlines precedes a directional breakout. Pi has also remained above the Supertrend indicator and moved slightly above the 50-period moving average, with the RSI pointing upward from neutral territory near 42. Those conditions collectively suggest the selling pressure that has weighed on PI since its peak above $2.90 may be approaching exhaustion at the current level.\nThe PI token has spent much of 2026 between $0.16 and $0.20 after falling sharply from its open-market high, weighed down by the token unlock schedule and the absence of smart contract functionality that would give the network real DeFi utility.\nPI Price: What the Catalyst Stack Looks Like Before May\nThe most significant near-term catalyst is Protocol v23, due May 18. The upgrade introduces smart contracts to the Pi mainnet for the first time, turning the network from a payment token into a programmable platform that developers can build lending, gaming, and DeFi applications on. The protocol is built on Stellar’s tech, which has already implemented similar features, meaning the transition is expected to be more stable than a greenfield smart contract rollout. Node operators must upgrade sequentially through v22.1 on April 22 before v23.0 goes live.\nWhy the Token Unlock Schedule Is the Counter-Argument\nThe bullish technical setup runs directly against a structural headwind that is not chart-dependent. Approximately 230 million PI tokens are scheduled to unlock in the next 30 days, adding consistent sell pressure regardless of technical patterns or protocol upgrades. That daily unlock rate has been the primary reason PI has underperformed the broader market since its listing. Any 22 percent move toward $0.200 would need buying volume to absorb that supply, which historically has required either a major exchange listing or a significant utility event to materialize.\nWhat Traders Are Watching as the April 22 Node Deadline Approaches\nThe v22.1 node upgrade deadline on April 22 is the next verifiable milestone on the road to Protocol v23. All mainnet node operators must complete it to remain connected to the network. Successful on-schedule completion would signal to the market that the May 18 smart contract launch is on track. As Pi builds toward that milestone, the $0.15 level remains the line that separates the current bullish setup from a deeper consolidation.\n\n\n\n\n\n                Read more:\n            \n\n                CLARITY Act: 14 Working Days Left Before the Window Closes","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2627429036","isCrawlerRequest":true}