Pi Network Price Rallies After Major Upgrade Update: Can PI Coin Reclaim $0.35?

Pi Network price

If bulls manage to push the asset decisively above the $0.27 level, it would mark a significant structural shift on the chart. Such a breakout would invalidate the previous lower-high pattern and could open the door for a broader recovery rally toward the $0.35 level, where a major supply zone is visible on higher timeframes.The Relative Strength Index (RSI) has moved higher from oversold territory, suggesting that buying pressure is steadily building as traders position for a potential breakout.

The project recently confirmed progress on its v19.9 migration milestone, while the next protocol upgrade v20.2 is expected in the coming days according to development updates. Although the rally appears primarily technical in nature, continued ecosystem development may be helping maintain positive market sentiment around the asset.

Can PI Price Rally Toward $0.35?

Pi Network price is now approaching a make-or-break technical level. If bulls manage to push the token above the $0.27 resistance band, the breakout could trigger a broader recovery move toward $0.35 in the near term.

However, failure to clear this zone could lead to another period of consolidation, with traders watching the $0.17 support area as the key downside level. For now, the combination of improving technical momentum and growing market attention suggests that Pi Network price could be preparing for its next major move.

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