Pi Network Price Climbs Ahead of Protocol 26 Upgrade, Targets Double Bottom Breakout

Pi Network's price has been rising steadily over the past week, outperforming the wider crypto market. The token gained around 12% in seven days, reaching an intraday high of approximately $0.096 on August 6.

The move pushed Pi Network's price above the upper boundary of a descending channel visible on the daily chart, which had controlled price action since late April. A close above the former resistance zone of $0.088-$0.090 would strengthen this breakout.

However, the double bottom pattern on the 4-hour chart remains incomplete until Pi Network's price closes above its neckline at $0.102. A confirmed breakout above this level could activate a measured target near $0.132, representing an increase of roughly 42% from the current price.