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PI Network Price Surges 2% Amid Its Partnership with CiDi Games - Bulls Target $0.29 Soon

Highlights:

  • The Pi Network price has soared 2% to $0.23 as technical indicators suggest a potential breakout.
  • Pi Network has partnered with CiDi games to bring Web3 to the Pi ecosystem.
  • The Pi price shows a potential rebound to $0.29 soon, if the $0.22 support holds.  

The Pi Network (PI) has soared 2% to $0.2323 following a four-day downward trend. This comes as Pi Network and CiDi Games partner to bring the Web3 games to the Pi ecosystem. Pi Core Team Ventures has invested in facilitating the debut of Pi-integrated titles. The aim is to provide developers with additional tools and create actual means through which users can use $Pi in games. This includes a new HTML5 games hub and open development tools, with game testing scheduled to begin in Q1 2026.

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Additionally, the partnership aims at creating games that not only reward and pay with Pi but also provide resources to other programmers who wish to create with Pi. CiDi Games has now been developing an HTML5-based, lightweight game platform. These types of games are browser-based and are usually cheaper to run on low-end computers.

Pi Whale Activity Signals Potential Rebound

Nonetheless, the unrelenting pressure of big-wallet investors (whales) in the Pi market suggests the range as a possible consolidation point. If the bulls capitalise on the consolidation, a breakout could be imminent in Pi Price. Whales typically exhibit a consistent interest in a cryptocurrency at the stage of consolidation. This may be linked to an accumulation zone that may pre-announce a recovery run.

PI Spot Average Order Size: CryptoQuant

The data provided by CryptoQuant reveals that the activity of whales in the PI spot market has been growing, as well as the average order size. There was a similar accumulation phase in April in the past, which resulted in the sharp recovery in early May.

Pi Network Price Poised for a Breakout Towards $0.29

The PI/USD 1-day chart shows that the token is currently in a consolidation phase, oscillating between $0.18 and $0.29 levels. The 50-day SMA at $0.22 is currently acting as the immediate support zone, giving the bulls strength to break above the rectangle pattern. However, the 200-day SMA at $0.39 is acting as the long-term resistance, hindering further upside. 

Pi Network price
PI/USD 1-day chart: TradingView

However, the Pi price’s recent 2% pump shows bulls are not exhausted yet. The price is hovering near $0.23, with the next resistance sitting around $0.29. Zooming into the indicators, the Relative Strength Index (RSI) at 47.12 is sitting just below the neutral territory, meaning there’s still room to run before exhaustion kicks in. 

Looking ahead, if the bulls can push past the $0.29 immediate resistance, the bulls could gear up towards the next resistance at $0.39, aligning with the 200-day SMA. A break above $0.39 could see the Pi price cruise toward $0.43 by the end of December, especially if market sentiment stays positive. 

Conversely, if the bears take over, traders will want to watch for a drop back to $0.22, where the 50 SMA might offer a bounce. In the short term, Pi price is looking solid with that 2% gain. Long-term, if the project maintains its fundamentals, Pi Network could be in for a moonshot.

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