Pi Coin Price Prediction for Today (May 11)

Pi Coin had another big rally, breaking past $0.90 and reaching a new high around $0.9755. This happened after it broke through a long-term downward trendline, catching many traders’ attention. Pi Coin is the best performer today, with its price up by over 31% and trading volume up by almost 16%.

In our prediction yesterday, we said Pi Coin price might break above $0.75 and reach between $0.80-$0.85. It did that and went even further. Now we need to figure out if Pi Coin will keep going up or pull back soon.

Let’s look at the chart and key indicators to understand what might happen next.

What the Pi Coin Chart Is Showing

On the daily chart, Pi Coin price has broken through a strong downtrend line that had held since March. This breakout was followed by a powerful rally and a shift in market structure to a potential higher-high formation.

Price is now trading far above the 9-day EMA, which sits at $0.7261. This signals strong momentum, but also an overextended move. The candle from the latest session is large and bullish, confirming strong buyer activity. However, with the price now nearing the $1.00 psychological zone, some resistance could emerge.

Read Also: Analyst Predicts Cardano Price Could Soar to $2.90 as Classic ADA Chart Pattern Repeats

Source: TradingView.com

Part of the pump appears to be driven by speculation surrounding major exchange involvement. According to Dr Altcoin on X, a wallet acquired 70 million Pi from OKX and now holds 155 million tokens. This has led to suggestions that a major exchange like Binance could be accumulating Pi ahead of a listing. 

Another tweet from The Times of PiNetwork noted the possibility of other top exchanges, such as Coinbase or Kraken, preparing for integration. 

Meanwhile, Pi Network VietNames pointed out that there are fewer than 20 million Pi left on OKX, suggesting rising demand and supply scarcity.

The horizontal support between $0.54 and $0.60 remains key in case of any correction. But for now, bulls are in full control.

What the Technical Indicators Are Saying

Daily indicators are painting a clear picture of strong momentum but also warning signs. The RSI is at 90.57, and the CCI is at 272.63, both deep in overbought territory. This suggests that a pullback or consolidation could happen soon.

Meanwhile, the MACD remains positive, and the ROC is showing rapid price acceleration. The Ultimate Oscillator also confirms bullish momentum, although it too is in the overbought range. Bull/Bear Power stays in favor of buyers, signaling that bulls still dominate the trend.

Pi Coin Technical Indicator Summary (Daily Timeframe)

IndicatorValueSignal
RSI90.57Overbought
CCI272.63Overbought
MACD0.042Bullish
Ultimate Oscillator73.20Overbought
Rate of Change (ROC)33.05Very Bullish
Bull/Bear Power0.2781Bullish

Pi Coin Price Forecast for Today (May 11)

Here are three possible outcomes based on today’s data:

Pessimistic scenario: If overbought signals trigger selling, Pi Coin could pull back toward the $0.72–$0.75 region, or even test the $0.70 level.

Realistic scenario: Pi Coin price consolidates between $0.90 and $0.975, allowing the market to cool off after the recent surge.

Optimistic scenario: If bulls stay in charge, Pi Coin could break above $1.00 and push toward $1.20 in the short term.

What We Got Right Yesterday

Our May 10 forecast anticipated a breakout past $0.75 and projected upside toward the $0.85 range. Pi Coin price not only met that target but exceeded it, hitting a high near $0.98. The call for momentum continuation and the caution about overbought levels both proved accurate.

The market is watching closely now, especially amid rumors of large exchange accumulation. Traders will want to track price behavior around $1.00 and watch for any signs of reversal. We’ll be back with another update tomorrow.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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