Pi Network’s PI token surged sharply on Friday, rising about 30% during Asia’s morning trading hours. According to CMC data, the token climbed from an intraday low of $0.2356 to an intraday high of $0.2969, levels not seen since October 27, 2025, when it faced multiple rejections near $0.30. The strong rally lifted PI’s weekly gain to nearly 45%, with the current price staying around $0.2920.
The Pi Coin price jumped after major U.S. crypto exchange Kraken confirmed on Twitter (now X) that it plans to list the Pi token on March 13, 2026, with trading set to begin at 15:00 UTC. The news rekindled investor interest and speculative buying. The timing coincides with the upcoming Pi Day on March 14, a date historically associated with increased attention to the Pi Network ecosystem. Market analysts suggest that the combination of exchange-driven demand and Pi Day anticipation fueled the sharp upward momentum.
Following the confirmation, PI Coin surged to the $0.29 area, up more than 125% from its all-time low of $0.1312, recorded on February 11, 2026.
Technical View: Bullish Signs for Pi Coin
According to the Pi Network/USDT one-day chart, the Pi Coin is currently testing a breakout from a bullish ascending triangle pattern with price action coiling against a horizontal resistance ceiling between $0.298 and $0.300.
From a technical perspective, Pi Coin price action shows continued bullish strength. The daily chart indicates a 9-day moving average (MA) of 0.2319 crossing above the 21-day MA at 0.1960, confirming a bullish MA cross pattern.
Zooming in, the RSI has climbed to 79.95, indicating that the token is in overbought territory, although strong buying pressure remains. If Pi Coin continues its rally and the Kraken listing adds momentum, the token could face immediate resistance near the session high of $0.30. If it breaks and sustains above this level, the next potential target could approach $0.32, based on historical price action and psychological thresholds.
Still, since Pi has faced multi-month resistance near the $0.30 range, any extended rejection could push the token back toward key support levels at $0.2319 and $0.1960. Historically, new exchange listings have triggered short-term price spikes, so the Kraken listing may lift the price again, though such gains could be temporary.
Overall, the recent surge in PI reflects a mix of market anticipation and technical momentum. Whether the rally can extend past $0.30 and consolidate in the $0.27–$0.30 range ahead of Pi Day remains to be seen.
Highlighted Crypto News:
HSBC and Standard Chartered Expected to Receive Hong Kong’s First Stablecoin Licenses
