$XRP

Pi Coin Price Prediction if Mainnet Launches Tomorrow

The Pi Network price offered by HTX has been a good proxy for the coin since 2022. For example, the coin soared to $100 in October as the KYC grace period deadline neared. It then imploded when the developers postponed the first deadline to December. The odds of another delay explain why the coin has remained in a tight range this week. 

The daily chart shows that the Pi Network price was trading at $43 on Thursday, where it has been in the past few days. This price is slightly above the ascending trendline that links the lowest sides since September last year. 

The price is also along the lowest point on November 28, December 20, and January 13. It has formed what looks like a double-bottom pattern. Also, it has formed a falling wedge pattern, a popular bullish reversal sign. 

Therefore, the odds of the Pi Network mainnet launch will likely lead to a God candle that will push it to $100.