Pi Coin Price Rises Ahead of Protocol 26 Upgrade

Pi Coin's price has surged by 6% in the last 24 hours, a strong recovery move ahead of the Protocol 26 upgrade on August 11.

The short-term prospects for Pi token seem to be bullish, with analysts pointing out a constructive technical setup and improving market sentiment.

Pi Network's native cryptocurrency has formed a bottoming pattern and breakout structure, according to popular crypto analyst Kim H. Wong, who identified $0.10 as the short-term price target.

The community sentiment remains strongly positive, with 89.5% of users remaining bullish on Pi Coin, despite recent price weakness.