Pi Network is experiencing a dramatic price surge, achieving the Adam and Eve pattern target of $1.54 in just three days. This comes after a massive 57% 24hrs pullback and a 157% explosive rally within a week, leaving investors optimistic about its next move.
Adam and Eve Pattern Target of $1.54 Achieved
Recently, a chart from TradingView revealed that Pi Coin had formed a classic Adam and Eve reversal pattern on its 4-hour chart. This bullish setup started with a sharp V-shaped recovery from $0.40 to $0.77, known as “Adam,” followed by a rounded bottom called “Eve.” The neckline at $0.77 acted as the breakout point.
As predicted, the breakout launched Pi Coin’s price to $1.54, a nearly 100% gain. Currently priced at $1.51, Pi Network’s bullish momentum is supported by a positive crossover of the 50 and 100 EMAs and an RSI pushing into overbought territory, signaling strong upward potential.
Also read: Pi Coin 157% Up In a Week- Is HTX and Binance Listing Buzz Pushing Pi Network?
What Pi Network Needs to Reach $3
To hit the ambitious $3 target, Pi Network must maintain strong buying pressure, supported by continued positive technical indicators. A break above the $1.54 resistance could open the door for further gains, with the next major hurdle around $2. Analysts predict that sustained demand and a positive market sentiment could propel Pi Coin to $3 in the coming weeks.
At the same time the crypto market is experiencing a bull market which could be a major boost for the coin.