The cryptocurrency market is exhibiting signs of recovery as tensions between Israel and Iran ease. Ethereum (ETH) and other altcoins, including Pi Network (PI), are showing significant gains.
Signs of Recovery in the Crypto Market
The cryptocurrency market is beginning to recover with improvements in the macroeconomic landscape. Ethereum has surged from a recent low of $2,113 to above $2,425. Altcoins, such as Pi Network, are also demonstrating positive changes.
Fractal on Pi Network Chart
A closer look at the 4-hour chart for Pi Network reveals a structure resembling its price behavior in May 2025. At that time, the token was stuck in a multi-week correction and surged over 170% after breaking above the 100-period moving average (MA). The current situation may repeat this model.
Future of Pi Network and Potential Moves
If this fractal repeats, Pi Network could be gearing up for strong growth. To confirm the bullish scenario, the price must hold above the 100 MA with high trading volume. A breakout above $0.68 would be a positive sign for further upward movement.
The cryptocurrency market is experiencing a recovery, and Pi Network shows promising signals for investors. Attention should be paid to support levels and increasing trading volumes, which could lead to further price appreciation.
