Switching to AI?..."45% Rally" Pi Coin, Will a surge to $0.27 open?

▲ Pi Network (Pi Network, PI)/AI Generated Image

Pi Network (Pi Network, PI) is once again attracting market attention by highlighting the Consensus 2026 stage and the potential for an AI transition. Amid growing expectations for a price rebound ahead of the co-founders' remarks at the event, technical analysis simultaneously highlighted the possibility of a 45% rise and the potential breakthrough of a key resistance level.

CoinGape reported that Pi Network co-founders Chengdiao Fan and Nicolas Kokkalis would take the stage at Consensus 2026 on May 6. The event runs from May 5 to May 7. The original text stated that the two co-founders might hint at Pi Network's potential transition to artificial intelligence.

Fan stated in an X (formerly Twitter) post that he would discuss ways to combine Web3, AI, and blockchain to enhance utility. Kokkalis also said he would address how AI could make human verification processes easier. CoinGape assessed that both figures are focusing on the direction of AI, and Pi Network might adopt AI as its next growth engine.

The co-founders' speeches coincided with Pi Network nearing the completion of its upgrade. CoinGape previously reported that Protocol 23 is scheduled to launch on May 11, after which smart contract functionality will be activated. The original text explained that the long-term price outlook for Pi Coin could be further strengthened if AI elements are added.

In terms of technical trends, the symmetrical triangle pattern on the weekly chart was presented as key. CoinGape analyzed that Pi Coin needs to break past the $0.189 resistance level to rise. Previous analyses also indicated the $0.18 range as a major obstacle to upward movement.

Pi Coin showed a trend of higher lows, but the $0.189 resistance level creates uncertainty regarding further upward movement. The original text analyzed that if this level is broken, Pi Network could begin a stable upward trend, and a 45% rally based on the triangle's height could lead to a rise to $0.27.

The Relative Strength Index (RSI) recorded 39. CoinGape explained that this figure indicates that selling pressure is still stronger than buying pressure. However, Consensus 2026 and the co-founders' speeches could be catalysts to push the RSI above 50, in which case the possibility of moving to $0.27 could be confirmed.

Pi Network's bullish scenario could collapse if it fails to break above $0.1899. CoinGape pointed out that failing to surpass this level would mean that buying pressure is not yet ready. Remarks at Consensus 2026, the potential for an AI transition, and anticipation for Protocol 23's launch were presented as key variables that will determine Pi Coin's short-term trajectory.

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