Pi Network is preparing for a price explosion thanks to a symmetrical triangle model
Pi Network is at the brink of explosion with a symmetrical triangle model on the chart, according to Crypto.news. The price of Pi could surge in December if it breaks out, thanks to fundamentals such as a community of 50 million users and an upcoming mainnet launch. RSI indicators show oversold conditions, with volume increasing by 20%. Experts forecast a short-term target of 1-2 USD, competing with Dogecoin. However, risks from KYC regulations and altcoin competition remain high. Pi is praised for its accessible mobile mining, attracting new users in Asia and Africa. This event could trigger a capital rotation from BTC to altcoins, propelling the bull run in 2025.
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