Pi Network token is gaining bullish momentum, especially after integrating with the Chainlink network. This integration has sparked optimism in the community, with many expecting Pi Coin to reach new highs, potentially hitting $3. The Chainlink Data Streams provide timely updates on prices, making it easier for investors to trade products like options and derivatives, which could support Pi Network’s price recovery.
The Pi Network community has welcomed the Chainlink integration, believing it will open up utility for Pi Coin in the Web3 industry. Analysts are optimistic that this move will strengthen the prospects for Pi Network token to be listed on major centralized exchanges like Binance, Coinbase, and Kraken. With the current market sentiment and rising utility for Pi Network, a price target of $3 in the coming weeks seems achievable, especially considering the recent 40% rally in the last seven days.
Pi Coin’s current price stands at $0.75, outperforming the broader crypto market in the past week. Technical analysis suggests a potential 44% rally to $1.13 if it can flip the resistance level at $1.12. The RSI line indicates bullish momentum, but the MACD line is showing signs of a potential sell signal. Despite this, the Chainlink integration could pave the way for Pi Coin to be listed on top exchanges, potentially leading to a breakout and a price rally.
The Chainlink integration is expected to have a positive impact on Pi Network price, boosting its utility and adoption in the Web3 industry. The likelihood of Pi Coin being listed on major exchanges like Binance and Coinbase has increased, leading to speculations of a parabolic price rally. If buying pressure surges due to new exchange listings and increased adoption, Pi Network token could potentially break past $3 and reach new highs.
In conclusion, the bullish momentum surrounding Pi Network token is growing, especially after integrating with Chainlink. The integration has fueled optimism in the community, with expectations of a price rally to new highs, potentially reaching $3. The technical indicators suggest mixed signals, but the Chainlink integration could be a significant catalyst for Pi Network’s price growth in the near term. With the potential for listing on major exchanges and increased adoption, Pi Coin could see a breakout and rally towards $3 or even higher in the coming weeks.
