Pi Network's price has surged by 27% this week due to increasing investor optimism and inflows. The altcoin is currently trading at $0.73, benefitting from the improving market conditions.

Following a consolidation phase, Pi Network is now approaching a crucial resistance level that has held for the past seven weeks.

The Relative Strength Index (RSI) for Pi Network is currently above 50.0, indicating positive momentum and potential for further gains. The bullish trend could extend if the market's positive signals continue to support Pi Network.

The Chaikin Money Flow (CMF) for Pi Network has also seen a significant uptick, reflecting strong investor interest and growing confidence in the bullish market environment.

With support from both technical indicators and market trends, Pi Network is poised for further price growth, as investors look to capitalize on the positive sentiment and break key resistance levels ahead.