Pi Network Shoots Up 30%—Is It Time to Buy, Sell, or Yell “Oy Vey”?

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  • PI is hotter than brisket at a Bar Mitzvah—investors are either loving it or pretending they called this rally all along. 🤷‍♂️
  • Bulls are charging so hard, even the matzo balls are shaking. Will PI break $2, or will it just schlep around?

Picture it: the crypto market, wild and unpredictable, and suddenly PI Network’s [PI] vaults up 30% in 24 hours! No, it didn’t get a cameo in Spaceballs, but investors still want a piece of the action. Apparently, FOMO is alive, well, and dressed like the Kaiser from Blazing Saddles.

The rumor mill (and a good nosh at the deli) agree—PI looks ready to storm the $2 level, the very place it left earlier this year for reasons still debated in New Jersey delis everywhere.

PI: The Belle of the Crypto Ball

This wild rally didn’t come from nowhere. Nope—community engagement is through the roof. PI is basically the life of the crypto party. If there were a Conga line for tokens, PI would lead, waving a tiny cryptocurrency flag.

CoinMarketCap’s Community Sentiment tool, which is not certified by the Psychic Friends Network, claims to measure whether folks are bullish or ready to run for the hills (with their bags, of course).

As of press time—which, let’s face it, in crypto could mean five minutes ago or last Thursday—PI racks up a whopping 88% bullish score. Not only are people smashing the “like” button, trading volume is going meshuggah—up 155.25% to a paltry $597.53 million. Who needs lunch money?

This is PI’s highest trading volume in thirty days, or as my cousin Sid would say, “since before he started that gluten-free thing.” Volume goes up, price goes up—so say the ancients… or at least the guys who hang around crypto Twitter.

Why Is PI Hotter Than a Sauna?

You want technical indicators? We got ‘em! The Relative Strength Index (RSI) is screaming, “I need a vacation”—it hit 76.13, and anything over 70 is basically “buy a cooling towel.”

Translation: PI may have overindulged on its way up, so expect a little price indigestion soon. But fear not—everyone is still at the buffet table.

Enter MACD, the technical indicator that sounds like something you’d get at a fast-food restaurant. MACD says, “Relax, bubbeleh, the dip won’t be too deep.” The blue line is floating over the orange line, which means the buyers are running the show and not letting go. In crypto, this is called “hopium.”

Any drop is probably just clever investors setting traps for the rest—like hiding the last donut and pretending they didn’t see it.

The $2 Question: Is PI Going to the Moon or Just to Brooklyn?

Right now, PI just smacked into a resistance level—like trying to get a table at Katz’s on a Sunday. RSI shrieks “calm down already,” but if PI can muscle through this, $2 is the next stop—possibly with a souvenir mug.

If people keep buying (and let’s be real, some will), PI could soon boast the $2 hairdo. But just like a Broadway hit, it only happens if the crowd keeps cheering. So will PI moon? Who knows! But at least, if you lose your shirt, you had a good time.

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2025-05-12 08:26