The digital asset market is closely watching Pi Network’s recent movements, which are showing early signs of a recovery. Analyst Ananda Banerjee noted that the price has remained stagnant, but internal capital flow is shifting positively.
Pi Coin accumulation in December suggests a change in investor sentiment toward the asset recently. The behavior of quiet buying during price dips indicates that large holders are currently absorbing the available supply. Therefore, technical analysts anticipate a large-scale movement in the coming trading sessions for the network.
Internal financial metrics reveal that the Chaikin Money Flow (CMF) has finally crossed the zero line recently. This indicator, which tracks institutional money inflow, broke a downward trend that previously limited major buying attempts.
Positive capital flow supports the technical recovery that network users have been waiting for quite some time. Likewise, the divergence in the Money Flow Index (MFI) shows that aggressive selling has ceased in the short term. Buyers are absorbing the supply in a strategic way while the price remains in a narrow sideways range.
On the other hand, the 0.21 dollar level has established itself as the central axis of recent price action. Historically, reclaiming this zone has triggered rallies of up to 42% in previous high-volatility periods. The market’s obsession with this specific price level currently determines the success of open long positions.
Additionally, editor Harsh Notariya highlights that interest in alternative criptocurrency continues to grow in this current cycle. The psychological support at the current resistance zone will be the definitive catalyst for the next major price jump.
The silent accumulation phase precedes a market value expansion
However, to unlock a potential 20% upside, Pi Coin needs a daily close above the 0.21 dollar mark. If this scenario materializes, the next technical target is located near 0.24 dollars per unit. Reclaiming Fibonacci retracement levels would allow projecting more solid gains for retail investors in the near future. In this way, the daily chart structure would begin to show a clear and sustainable upward trend. The strengthening of net momentum indicators confirms that seller exhaustion is a reality in the current market.
Likewise, the lack of a clear breakout could keep the asset trapped in a frustrating sideways range for many. If the price fails to overcome the resistance, there is a risk of a retreat toward 0.19 dollars. Constant monitoring of support levels remains essential to avoid significant losses in case of a sudden correction.
Therefore, institutional traders remain cautious while waiting for volume confirmation during the bullish breakout attempt. The stability of money flow above the zero line will be the definitive signal to enter the market.
Will the Pi Network ecosystem manage to overcome technical resistance before the year-end?
However, the current base case favors the bulls as long as the money flow remains in positive territory. The Pi Coin accumulation in December has created a solid support base that could serve as a financial springboard. Whale interest in the main network remains the hidden engine behind the asset’s relative price stability.
Therefore, the coming days will be crucial to define if the obsession with 0.21 dollars ends in success. Community confidence in the technical development of the project supports the current valuation of the digital asset.
Finally, the altcoin market depends heavily on the projects’ ability to generate real-world utility for users. Pi Network is at a technical crossroads where investors’ patience will be tested once again in the market.
The potential upside toward new local highs depends on overcoming current technical bottlenecks in the short term. Therefore, it is advisable to closely follow the core team’s updates on open network progress. The evolution of liquidity in secondary markets will determine the equilibrium price for the start of next year.
