Pi Network’s PI Token Surges 30% Ahead of Kraken Listing
Pi Network's native token, PI, surged approximately 30% in Asian trading hours, reaching a high of $0.2969, its highest level since October 2025. The rally was triggered by major U.S. exchange Kraken confirming it will list PI on March 13, 2026, with trading beginning at 15:00 UTC. This news, combined with anticipation for Pi Day on March 14, reignited investor interest and speculative buying.
From a technical perspective, PI is testing a breakout from a bullish ascending triangle pattern, with key resistance near $0.30. The 9-day moving average has crossed above the 21-day MA, confirming a bullish trend. The RSI reading of 79.95 indicates overbought conditions, but strong buying pressure persists. A sustained break above $0.30 could target $0.32, while rejection may push prices toward support at $0.2319 or $0.1960.
The token is now up over 125% from its all-time low recorded in February 2026. While the Kraken listing may provide further short-term momentum, the sustainability of gains above the key $0.30 resistance level remains uncertain.
TheNewsCrypto03/13 10:35