Pi Network (PI) To Rise Higher? Key Emerging Bullish Reversal Pattern Suggests So!

robot
Abstract generation in progress

Date: Wed, Oct 29, 2025 | 06:40 AM GMT The cryptocurrency market is showing a cautious and mixed performance ahead of today’s Federal Reserve meeting, where a potential rate cut decision is on the table. Both Bitcoin (BTC) and Ethereum (ETH) are trading slightly in the red, while a few altcoins are holding steady and even flashing bullish signals — one of them being Pi Network (PI). PI is trading in green with an impressive 15% gain in the last 24 hours, and more importantly, its latest price structure is hinting at a potential bullish reversal pattern that could set the stage for a stronger upside move.

Source: Coinmarketcap Bump-and-Run Reversal (BARR) In Play? On the daily timeframe, PI’s price action appears to be forming a Bump-and-Run Reversal (BARR) pattern — a powerful and rare setup that typically marks the transition from a prolonged bearish trend to a bullish recovery. The Lead-In Phase began when PI faced repeated rejections from its descending resistance line near $0.3564, leading to a gradual downtrend that eventually bottomed around $0.1555, establishing the Bump Phase.

Pi Network (PI) Daily Chart/Coinsprobe (Source: Tradingview) Since then, PI has rebounded sharply, currently trading near $0.2650, just below the descending trendline. This area is now acting as a key breakout zone, and a successful close above it could confirm the beginning of the Uphill Run Phase — the stage where momentum accelerates and bullish sentiment strengthens. What’s Next for PI? If the BARR pattern continues to play out and PI successfully breaks above the descending trendline, it would signal the start of the Uphill Run Phase — the stage where momentum often strengthens and price action turns decisively bullish. A clear breakout and retest of this trendline could pave the way for PI to extend its rally toward the $0.4750 resistance area, marking a potential shift in the broader market trend. However, traders should remain cautious and wait for clear breakout confirmation, as a rejection from the current resistance could trigger a short-term pullback before any further upside movement. Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

PI6.78%
BTC-1.33%
ETH-0.86%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
FubaoPersistsvip
· 15h ago
Quick, enter a position! 🚗
View OriginalReply0
FubaoPersistsvip
· 15h ago
Quick, enter a position! 🚗
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)