Pi Coin Price Prediction for Today (May 11)

Pi Coin had another big rally, breaking past $0.90 and reaching a new high around $0.9755. This happened after it broke through a long-term downward trendline, catching many traders’ attention. Pi Coin is the best performer today, with its price up by over 31% and trading volume up by almost 16%.In our prediction yesterday, we said Pi Coin price might break above $0.75 and reach between $0.80-$0.85. It did that and went even further. Now we need to figure out if Pi Coin will keep going up or pull back soon.Let’s look at the chart and key indicators to understand what might happen next.What the Pi Coin Chart Is ShowingOn the daily chart, Pi Coin price has broken through a strong downtrend line that had held since March. This breakout was followed by a powerful rally and a shift in market structure to a potential higher-high formation.Price is now trading far above the 9-day EMA, which sits at $0.7261. This signals strong momentum, but also an overextended move. The candle from the latest session is large and bullish, confirming strong buyer activity. However, with the price now nearing the $1.00 psychological zone, some resistance could emerge.Read Also: Analyst Predicts Cardano Price Could Soar to $2.90 as Classic ADA Chart Pattern RepeatsSource: TradingView.comPart of the pump appears to be driven by speculation surrounding major exchange involvement. According to Dr Altcoin on X, a wallet acquired 70 million Pi from OKX and now holds 155 million tokens. This has led to suggestions that a major exchange like Binance could be accumulating Pi ahead of a listing. Something Big is Coming!An account with the wallet address:GASWBDATCXXIUGHR7DWSFAAONZB2L5NFMBTDCYQQ2TQLRQNCTKJ2AODMhas just bought 70,000,000 Pi from OKX.This same account now holds around 155 million Pi —an amount even higher than what any single account holds on... pic.twitter.com/shvIthG3k6— Dr Altcoin (@Dr_Picoin) May 10, 2025 Another tweet from The Times of PiNetwork noted the possibility of other top exchanges, such as Coinbase or Kraken, preparing for integration. This is a huge move — buying 70 million Pi at once is no small feat. The strongest indication is that a major CEX (like Binance, Coinbase, Kraken or HTX) is accumulating $Pi ahead of listing.POSSIBILITIES:#Binance: Strongest candidate — Pi already received... pic.twitter.com/PnmoqM0rPz— The Times of PiNetwork (@PiNetwork24X7) May 10, 2025 Meanwhile, Pi Network VietNames pointed out that there are fewer than 20 million Pi left on OKX, suggesting rising demand and supply scarcity. Large organizations have quietly bought up all Pi on exchanges. On OKX, there are less than 20 million Pi left.After the Consensus event on May 16, Dr. Nicolas spoke and presented the project, Pi's price increasing to $100 is completely possible.#PiNetwork #Consensus2025 pic.twitter.com/8CD2PbWZco— Pi Network VietNames (@PiNetworkVNes) May 11, 2025 The horizontal support between $0.54 and $0.60 remains key in case of any correction. But for now, bulls are in full control.What the Technical Indicators Are SayingDaily indicators are painting a clear picture of strong momentum but also warning signs. The RSI is at 90.57, and the CCI is at 272.63, both deep in overbought territory. This suggests that a pullback or consolidation could happen soon.Meanwhile, the MACD remains positive, and the ROC is showing rapid price acceleration. The Ultimate Oscillator also confirms bullish momentum, although it too is in the overbought range. Bull/Bear Power stays in favor of buyers, signaling that bulls still dominate the trend.Pi Coin Technical Indicator Summary (Daily Timeframe)IndicatorValueSignalRSI90.57OverboughtCCI272.63OverboughtMACD0.042BullishUltimate Oscillator73.20OverboughtRate of Change (ROC)33.05Very BullishBull/Bear Power0.2781BullishPi Coin Price Forecast for Today (May 11)Here are three possible outcomes based on today’s data:Pessimistic scenario: If overbought signals trigger selling, Pi Coin could pull back toward the $0.72–$0.75 region, or even test the $0.70 level.Realistic scenario: Pi Coin price consolidates between $0.90 and $0.975, allowing the market to cool off after the recent surge.Optimistic scenario: If bulls stay in charge, Pi Coin could break above $1.00 and push toward $1.20 in the short term.What We Got Right YesterdayOur May 10 forecast anticipated a breakout past $0.75 and projected upside toward the $0.85 range. Pi Coin price not only met that target but exceeded it, hitting a high near $0.98. The call for momentum continuation and the caution about overbought levels both proved accurate.The market is watching closely now, especially amid rumors of large exchange accumulation. Traders will want to track price behavior around $1.00 and watch for any signs of reversal. We’ll be back with another update tomorrow.Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Read our recent crypto market updates, news, and technical analysis here. We recommend eToro Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading. 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