Pi price is the trending topic these past few days, with a renewed interest in the coin’s potential for a $1 crossover. The Google search console report shows a surge in users’ interest in Pi “$1 target” hits despite bearish clouds.
Analysts’ follow-up now puts the Pi Network price prediction at a potential for a $1 target this year in the face of a favorable market. However, with the growing search for Pi price hitting $1, is this the time to start buying Pi?
Let’s look into the data and market conditions that could see the Pi network price prediction of $1 materialize.
The Pi price is down 10% on the weekly chart, despite the ongoing altcoins’ bullish setup. Analysts believe the $2.8M worth of Pi coin moved to exchanges in July is a primary factor fueling selling pressure. This is as the Pi price continues on a steady drawdown from $0.65 in late June to $0.44 today.
However, while the growing “$1 target” intensifies, analysis shows this might not have an immediate effect. Moreover, with the Pi Price close to the $0.40 support on the downside, critical whale accumulation is needed to sustain it from falling further.
While investors had bet on a Pi network price prediction as high as $4 earlier, the new $1 target looks more achievable. A significant factor could be due to the PI ecosystem’s recent growth. Some of the notable factors projected to have a possible effect on the price this year include:
However, to actualize the Pi network price prediction of $1, the Pi price must break the $0.53 resistance by the end of August or early. Breaking above the resistance could help the coin reclaim a high at $0.70, extending the rally further to the Pi network price prediction of $1.
The Remittix story has continued spreading across the internet as the next PayFi solution to watch. This is with the Remittix token presale surging past $16.4M in a rally, which experts say shows whale accumulation.
The cross-border solution of crypto-to-fiat into bank accounts worldwide is a top utility fueling Remittix accumulation. Already earning the nickname “XRP 2.0”, analysts believe Remittix could be the next altcoin to 100x.
Features positioning Remittix on a bullish breakout include:
These features are pushing Remittix out of the corner onto a global stage, and investors are set for high returns. With up to 100x projection in the first 6 months of launch, Remittix might be the project to keep a close eye on.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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