Connect with us

Crypto World

Pi Network (PI) Price Predictions for This Week

Published

on

pi_network_price_chart_1103262

PI bulls took over the initiative as the price exploded higher.

PI Network (PI) Price Predictions: Analysis

Key support levels: $0.20

Key resistance levels: $0.28

PI Breakout Turns into a Rally

Since the breakout from the downtrend in February, PI has entered a sustained rally that saw its price pump by over 80% since its most recent bottom. This is a significant change in the price action that shows interest has returned.

Advertisement

The buy volume also exploded with two major impulses, one in mid-February during the breakout and the second in early March that saw the resistance at 20 cents turn into a key support.

pi_network_price_chart_1103262
Source: TradingView

PI is Eying 28 Cents

With the support at 20 cents secured, bulls can aim to take PI to 28 cents next. In the past, this level acted as a key resistance and may see sellers return there. At the time of this post, the price is around 23 cents. Therefore, there is still plenty of room to go higher before that.

The most important thing right now is for buyers to consolidate their recent gains and defend the key support should sellers show up to avoid a loss of positive momentum.

pi_network_price_chart_1103261
Source: TradingView

Daily RSI is Overbought

The most recent spike above 20 cents has taken the daily RSI into the overbought area at 80 points. Since then, this momentum indicator has cooled down and fell under 70. Nevertheless, this is a warning sign that buyers could get overextended soon.

Still, as long as the RSI is making higher highs and higher lows, the initiative remains firmly in the hands of buyers and this indicator can stay overbought for quite some time until a correction materializes.

pi_network_rsi_chart
Source: TradingView
SPECIAL OFFER (Exclusive)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Advertisement

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Source link

Advertisement
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto World

Foundry to Launch Institutional-Grade Zcash Mining Pool in April 2026

Published

on

Privacy, Bitcoin Mining, United States, Zcash

Digital asset infrastructure company Foundry Digital plans to launch a mining pool for Zcash in April 2026, expanding beyond Bitcoin mining infrastructure. The company said the pool will be designed for institutional and publicly traded miners seeking compliance-focused mining services.

The new pool will be based in the United States and built on the same infrastructure used by Foundry USA Pool, which is operated by the company. Foundry said the service will include reporting tools and payout systems intended to meet the operational requirements of institutional miners.

Zcash is a privacy-focused cryptocurrency which features an encrypted ledger using zero-knowledge proofs. A mining pool is a service that allows multiple miners to combine computing power and share block rewards, increasing the chances of earning consistent payouts.

Advertisement

A spokesperson for Foundry told Cointelegraph that the company decided to build a the new mining pool because “Zcash addresses something we believe is genuinely important: the idea that financial privacy is foundational to economic freedom, and that privacy and compliance can coexist.” They added: 

When institutional and public miners can mine Zcash through infrastructure built to their standards, it brings new hashrate to the network and strengthens its security.

Foundry Digital was founded in 2019 and provides mining infrastructure and related services for digital asset companies. Its Foundry USA Pool is one of the largest Bitcoin mining pools by hashrate share. Foundry said it expects the Zcash pool to begin operations in April 2026.

The announcement comes days after developers who previously worked at Electric Coin Company raised more than $25 million to continue developing a privacy-focused wallet for Zcash. 

Related: Dash Evolution chain integrates Zcash Orchard privacy pool

Advertisement

Zcash garners attention amid price volatility

Zcash, launched in 2016, allows users to send transactions without publicly revealing details such as wallet addresses or transaction amounts. The network is based on Bitcoin’s codebase but uses zero-knowledge proofs, known as zk-SNARKs, to enable optional “shielded” transactions alongside standard transparent ones.

In 2025, Zcash became one of the most widely discussed privacy-focused assets in crypto, with comments from industry figures, including Arthur Hayes, Naval Ravikant and Mert Mumtaz, helping drive interest in the network and its native token, ZEC (ZEC).

The rally pushed Zcash up nearly 600% over the past year, climbing from below $35 in March 2025 to as high as $698.87 on Nov. 16, 2025, according to CoinGecko data. The token has since pulled back, falling 58.7% year-to-date from about $512 on Jan. 1 to roughly $212 at the time of writing.

Privacy, Bitcoin Mining, United States, Zcash
Zcash price over one year. Source: CoinGecko

Even with the renewed attention, the network’s mining activity remains concentrated among a small number of pools.

Data from Poolbay shows ViaBTC controlling about 31.7% of total hashrate, followed by F2Pool at roughly 15.8%, with smaller shares distributed across pools such as 2Miners and Antpool.

Advertisement

Magazine: All 21 million Bitcoin is at risk from quantum computers