Pi Network Eyes $3 Breakout After Chainlink Adds PI to Data Feeds

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Pi Network (PI) is gaining bullish momentum after its recent integration with Chainlink, sparking renewed optimism for a potential breakout to $3. The token, currently trading around $0.75, has surged 40% in the past week, outperforming the broader crypto market. The integration with Chainlink’s Data Streams has added fuel to the rally, raising hopes of eventual listings on major centralized exchanges like Binance and Coinbase.

The Chainlink Data Streams enable real-time, reliable price feeds for decentralized applications (dApps), enhancing Pi’s visibility and potential use cases in the DeFi and Web3 sectors. Influential analyst MrSpockApe noted that the integration marks a significant step toward utility adoption for PI, stating, “With this move, Pi Network becomes part of the broader Web3 data ecosystem, opening up opportunities for exchange listings and DeFi integration.”

Technical indicators support the bullish case. Pi Coin has formed a rounding bottom on the 4-hour chart, suggesting a potential 44% surge to $1.13. A successful breakout above the key resistance level of $1.12 could catalyze a rally toward the $3 mark.

However, caution remains. While the Relative Strength Index (RSI) stands at a bullish 65, indicating ongoing buying pressure, the MACD is nearing a bearish crossover that could signal a short-term pullback. Traders should monitor the next few sessions closely for confirmation.

Can Pi Network Price Stage a $3 Breakout After Chainlink Integration?
PI/USDT: 4-Hour Chart

The Pi Network community is abuzz with speculation, and one analyst has even forecasted a future rally toward $10 if the token lands on top-tier exchanges. While that remains speculative, a breakout to $3 appears increasingly realistic if momentum holds.

As the integration with Chainlink boosts credibility and expands access to decentralized trading tools, Pi Coin may be positioning itself for a significant move in the crypto market.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

Also Read: Pi Network in Crisis: 119M Tokens Unlocked as Price Drops 30%