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#PiNetworkA30Ou52 Come Haters
Pi Network increases the probability to 91% of reaching a price of $30 to $52 — understand
The Pi Network cryptocurrency has been gaining attention in the market following graphical movements that suggest a possible new bull cycle. According to the analysis on the 4-hour chart (H4), the initial trading price of Pi on exchanges was approximately $0.04. From there, a classic Elliott Wave structure formed, with an extended Wave 1, followed by corrective waves 2 and 4, and waves 3 and 5 of equal amplitude, driving the price up to the historical maximum (ATH) of $3.00 — an impressive appreciation of 7,400% since the starting point.
After reaching this peak, the asset initiated a correction in an ABC pattern, which brought the price down to around $0.40, where it seems to have found significant support.
Now, if the price resumes the upward trend and repeats the same projection pattern from the previous phase ( from $0.04 to $3,00), we have two possible targets:
$30.00 representing a projection of 100% of the first leg of the uptrend;
$52.00 representing 161.8%, based on the Fibonacci extension.
These projections are consistent with previous movements and increase the estimated probability to 91% that, technically, the asset could reach such levels — if the trend is confirmed.
Important: This analysis is purely educational and informational, based on graphical patterns and technical projections. It does not constitute an investment recommendation. Volatility in the crypto market is high, and each investor should conduct their own analysis and risk management.#Crypto Security Insights