Pi Network (PI) has experienced a strong rebound in price and is gaining attention from investors. Technical indicators suggest that further gains are possible, as the cryptocurrency has found support at the 200-day Exponential Moving Average (EMA). The mainnet launch is approaching, and many are wondering if Pi can reach $100 before the event. The coin has held above the 200-day EMA since October 12, indicating strength and stability. It is also above an ascending trendline formed since September 20. At its current price of $68.80, the next resistance level is $75.83, with a possible target of $91.83 and $100 if these levels are broken. The mainnet launch and growing adoption of Pi as a form of payment are driving the coin's price action. If the Know Your Customer (KYC) process is completed for 10 million users by December 31, the mainnet launch could greatly boost Pi's price. Speculation is also growing about a potential listing on major exchanges like Binance and Coinbase, which would increase exposure and liquidity. Overall, Pi Network is poised for an exciting 2024 if the bullish momentum continues.



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