🏆Pi Coin is Moving Here's What's Going On
$Pi had a solid week. Up about 30% in seven days and briefly hit $0.23 this morning. For a coin that spent years stuck inside a phone mining app, that's worth paying attention to.
Two things are pushing the price right now.
March 12 Pi's v20.2 Mainnet upgrade deadline. Every node has to update or gets dropped from the network. Pretty standard stuff, but markets always front-run these dates and this one is no different.
Then there's Pi Day, March 14. Saturday. The team has a habit of dropping big news on this date every year. Nobody knows what's coming this time but that uncertainty alone is enough to get people buying early.
Price is sitting between $0.21 and $0.22 right now. RSI touched 71 on the 4-hour, which is getting warm. $0.235 is the first wall to get through. After that, $0.50 is the number everyone's watching big psychological level, expect selling pressure there. On the downside, $0.20 has to hold. Loses that and $0.18 gets tested quickly.
Real talk though this has "buy the rumor, sell the news" written all over it. If Saturday's announcement actually delivers something concrete, momentum could stick. If it's vague roadmap talk, expect a fast reversal.
Pi's user base is massive and the Open Network launch was a real step forward. But right now the price is running on hype, not fundamentals. Keep that in mind before sizing up.
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