Pi on the Move: Will the 6% Surge Trigger a Major Breakout?

TheNewsCryptoPubblicato 2026-03-20Pubblicato ultima volta 2026-03-20

Introduzione

The Pi Mainnet has been upgraded to Protocol 20, a significant step toward enabling smart contracts. The price of PI surged 6% in 24 hours to approximately $0.1882, with its market cap at $1.84 billion and trading volume up over 15%. Technical indicators present a mixed but cautiously optimistic outlook: the MACD shows early recovery signs within a downtrend, the CMF indicates healthy buying pressure, and the RSI at 51.91 suggests a slight bullish edge. However, momentum remains weak overall. The price faces near-term resistance at $0.1896, with support at $0.1868 if a bearish reversal occurs.

The Pi Mainnet has been upgraded to Protocol 20, which is an important step toward enabling smart contract functionality on the network. Moreover, the node operators should make sure their systems are updated to stay in sync. More details and guidance will follow as the network prepares for the next upgrade, v21.

Currently, the asset is trading at around $0.1882, followed by a 6% jump over the last 24 hours. Notably, the market cap is found at $1.84 billion, and PI’s daily trading volume has surged by over 15.04%, touching the $35.2 million mark, according to CoinMarketCap data.

With the current bullish wave in the PI market, the green candles might light up, and the price could climb to the nearest resistance at the range of $0.1896. Further upside pressure might lead the price even higher. Conversely, if the PI price chart takes a bearish turn, it may retrace to a support of $0.1868. Upon the asset losing more momentum, the downside correction could gain strength and send the price to revisit the established lows.

Where Is PI Headed Next? Key Momentum Signals to Watch

The technical analysis shows that the Moving Average Convergence Divergence (MACD) is above the signal line, but both are below the zero line, showing early signs of a recovery within a downtrend. The market is trying to turn around, but it needs more strength to confirm a reversal.

Besides, the Chaikin Money Flow (CMF) indicator value at 0.10 hints at a healthy buying pressure in the PI market. Also, the capital is flowing into the asset, with buyers clearly having the upper hand. There is a steady level of accumulation, which may support a gradual upward move.

PI’s daily Relative Strength Index settled at 51.91, which sits above neutral, indicating a slight bullish edge. As the momentum is not strong yet, the market is trying to pick a direction rather than making a decisive move. If RSI pushes higher, it could signal growing strength.

Moreover, the Bull Bear Power (BBP) reading of 0.0126 is having a mild bullish tilt. Notably, the market is indecisive rather than trending. If the value starts rising, the buyers would slowly gain confidence, but currently, the momentum is quite weak in the PI market.

Top Updated Crypto News

MYX Finance (MYX) Momentum Weakens: How Deep Could the Drop Go?

Domande pertinenti

QWhat is the significance of the Protocol 20 upgrade for the Pi Mainnet?

AThe Protocol 20 upgrade is an important step toward enabling smart contract functionality on the Pi network.

QWhat are the current price and 24-hour performance of PI according to the article?

AThe asset is currently trading at around $0.1882, with a 6% jump over the last 24 hours.

QWhat does the MACD indicator's position above the signal line but below the zero line suggest about the PI market?

AIt shows early signs of a recovery within a downtrend, indicating the market is trying to turn around but needs more strength to confirm a full reversal.

QWhich indicator hints at healthy buying pressure and capital flowing into the PI asset?

AThe Chaikin Money Flow (CMF) indicator, with a value of 0.10, hints at healthy buying pressure and capital inflow.

QWhat is the current reading of the daily Relative Strength Index (RSI) for PI, and what does it indicate?

AThe daily RSI is settled at 51.91, which sits above neutral and indicates a slight bullish edge, though the momentum is not yet strong.

Letture associate

Coinbase Launches Crypto-Backed USDC Loans For UK Users In Latest Expansion

Coinbase has expanded its crypto-backed USDC lending service to UK residents, allowing them to use Bitcoin (BTC), Ethereum (ETH), and Coinbase Wrapped Staked Ether (cbETH) as collateral. Powered by the on-chain protocol Morpho on the Base network, the service enables users to borrow up to $5 million in USDC without selling their crypto holdings. Collateral is locked in a smart contract until the loan is repaid, with liquidation triggered if the loan-to-value ratio exceeds a threshold. This follows the service’s successful US launch, where originations surpassed $2.17 billion. The move is part of Coinbase’s broader expansion in the UK, including savings accounts and DEX trading, and aligns with its efforts to integrate crypto into traditional finance, such as recently offering crypto-backed mortgages.

bitcoinist1 h fa

Coinbase Launches Crypto-Backed USDC Loans For UK Users In Latest Expansion

bitcoinist1 h fa

Capital Flow Analysis Shows Ozak AI Absorbing Liquidity From BTC, ETH, and SOL During Market Pullbacks

Capital flow analysis indicates that during recent market pullbacks, liquidity is rotating from major cryptocurrencies like BTC, ETH, and SOL into Ozak AI, an early-stage AI project. Priced at $0.014, Ozak AI has raised over $6.8 million and sold more than 1.17 billion tokens in its presale, showing steady and sustained capital absorption rather than hype-driven spikes. Analysts describe this shift as strategic redeployment, not panic selling, driven by Ozak AI’s relative valuation efficiency, AI-native utility (including Prediction Agents and EigenLayer integration), and favorable risk-reward timing. The trend reflects a structural rotation into high-growth AI infrastructure projects during large-cap consolidation, with Ozak AI emerging as a preferred alternative for asymmetric returns.

TheNewsCrypto2 h fa

Capital Flow Analysis Shows Ozak AI Absorbing Liquidity From BTC, ETH, and SOL During Market Pullbacks

TheNewsCrypto2 h fa

DeFi Falls into the Most Dangerous Prisoner's Dilemma in History

ChainCatcher author Gu Yu analyzes the severe fallout from the Kelp DAO exploit, which has triggered a crisis of confidence across the DeFi ecosystem, implicating major projects like Aave, LayerZero, and Arbitrum. The attack, attributed to the Lazarus Group, exploited a single-validator (1/1) configuration in LayerZero’s decentralized verification network (DVN), leading to over $40M in losses. LayerZero’s official report claimed its protocol “operated as expected” and deflected blame onto Kelp DAO’s configuration choices, sparking backlash from developers and researchers who criticized its avoidance of responsibility. Meanwhile, Arbitrum’s security committee intervened by using a privileged transaction to freeze and recover ~30,766 ETH ($71M) from the hacker’s address—a move praised for pragmatism but criticized for undermining Layer2 decentralization ideals. The incident has intensified debates on cross-chain bridge security, Layer2 centralization risks, and the tension between practical security measures and decentralized principles. With Aave facing ~$200M in bad debt and no clear compensation plan from Kelp DAO or LayerZero, the situation reflects a dangerous “prisoner’s dilemma” where key players prioritize self-interest over collective trust, threatening foundational DeFi narratives.

marsbit2 h fa

DeFi Falls into the Most Dangerous Prisoner's Dilemma in History

marsbit2 h fa

Not Speculation but a Necessity: The 4 Unique Values of Prediction Markets

Polymarket's recent $4 billion funding round and soaring valuation of $15 billion highlight the explosive growth of prediction markets, with trading volume reaching $25.7 billion in March 2026—a 10.6% monthly increase. This analysis argues that prediction markets serve critical non-speculative functions, positioning them as essential tools rather than mere gambling platforms. Prediction markets offer four unique values: entertainment consumption, insurance-like protection, risk hedging, and truth discovery. Firstly, they stimulate economic activity by engaging users in event-based betting, similar to the broader sports industry. Secondly, they act as a form of decentralized insurance, allowing users to hedge against specific, well-defined risks (e.g., weather events) transparently and without traditional overhead costs. Thirdly, institutions and individuals use these markets to hedge against geopolitical and commodity price risks, as demonstrated during the U.S.-Iran conflict and the launch of 24/7 commodity markets on platforms like Kalshi. Finally, prediction markets counter media bias by aggregating crowd-sourced information, often achieving 30% higher accuracy than surveys due to users' vested interests. Experts like Bitwise’s Jeff Park and SIG’s Jeff Yass emphasize the markets' role in risk transfer and financial innovation. As these platforms evolve, they are poised to become trillion-dollar markets, offering more reliable, decentralized mechanisms for information pricing and risk management.

marsbit2 h fa

Not Speculation but a Necessity: The 4 Unique Values of Prediction Markets

Polymarket's recent $4 billion funding round, valuing it at $15 billion, highlights the explosive growth of prediction markets, with trading volume surging from $8.7 billion to $25.7 billion in just a few months. This article argues that prediction markets are not merely speculative gambling platforms but serve four core functions. First, they act as a form of entertainment and consumption, stimulating economic activity similar to the sports industry. Second, they provide a form of limited insurance, allowing users to hedge against specific, well-defined risks (e.g., weather events) in a transparent, cost-effective manner without traditional insurance overhead. Third, they are powerful tools for risk hedging, enabling both individuals and institutions to mitigate exposure to volatile events like commodity price swings and geopolitical crises. Finally, prediction markets can function as "truth machines," aggregating crowd wisdom to counter media narratives and biases, with some claims suggesting a 30% higher accuracy over traditional surveys. The piece concludes that the role and potential value of prediction markets are far greater than commonly perceived, positioning them as a significant future market.

Odaily星球日报3 h fa

Trading

Spot

Futures

Articoli Popolari

Come comprare MOVE

Benvenuto in HTX.com! Abbiamo reso l'acquisto di Movement (MOVE) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente MovementMOVE.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva Movement (MOVE)Dopo aver acquistato Movement (MOVE), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia Movement (MOVE)Scambia facilmente Movement (MOVE) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

250 Totale visualizzazioniPubblicato il 2024.12.13Aggiornato il 2025.03.21

Discussioni

Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di MOVE MOVE sono presentate come di seguito.