Pi Coin Price Plunges, Stellar Charts a Bullish Pattern, & BlockDAG’s March 28 Testnet Becomes a Major Dev-Magnet!

PI Coin Price Struggles Near 2-Year Low, but a Reversal May Be in Sight

After a sharp decline, PI coin's price is hovering near its lowest point in two years, raising questions about whether a recovery is imminent. Some technical indicators suggest that a reversal could be in the works, echoing patterns seen in Stellar (XLM), where an ascending triangle is forming—a signal that traders often watch for a potential breakout.

While some cryptocurrencies are battling key resistance and support levels, others—like BlockDAG (BDAG)—are forging new paths. BDAG is set to launch its final testnet on March 28, providing early access to a scalable DAG-based network designed for real-world decentralized applications (dApps). This presents an opportunity for developers to test smart contracts ahead of BDAG’s listing on major exchanges.

PI Coin Price Outlook: Can It Recover from a 66% Drop?

PI coin has suffered a significant downturn, shedding nearly 66% of its recent peak value and now trading around $1—its lowest level since February 2022. Despite this bearish movement, several technical indicators hint at a potential comeback.

Murrey Math Lines highlight a possible reversal zone, while the MACD and PPO indicators show bullish divergence. Additionally, a falling wedge pattern has emerged, a formation often linked to upward price movements. If buying momentum picks up, PI coin could see a rebound toward the $3 level. However, a further drop below $0.70 would weaken this outlook and reinforce bearish sentiment.

Stellar (XLM) Poised for a Breakout? Technical Analysis Suggests So

Stellar (XLM) is exhibiting a classic ascending triangle formation—a bullish pattern that traders often associate with an impending breakout. On the 4-hour chart, $XLM has consistently formed higher lows while encountering a resistance level just below $0.29. This pattern suggests increasing buying pressure as the price range tightens.

If the breakout occurs, XLM could surge toward $0.31, marking a potential 17% increase. As the price once again approaches the upper boundary of this triangle, continued adherence to this structure supports an optimistic outlook.

BlockDAG’s Final Testnet Launch: A Pivotal Moment for Developers

BlockDAG’s final beta testnet is set to go live on March 28, creating an open sandbox environment for developers to experiment with dApps and smart contracts ahead of the mainnet rollout. This marks a crucial phase for builders who want to deploy applications on a high-performance blockchain infrastructure.

The BlockDAG network integrates a Directed Acyclic Graph (DAG) architecture with a Proof-of-Work consensus model, enabling parallel block creation and near-instant transaction finality. This design ensures rapid transaction settlements without the bottlenecks seen in traditional blockchain networks.

Developers will find a familiar ecosystem, as BlockDAG fully supports ERC-20, ERC-721, and ERC-1155 token standards. This compatibility allows seamless migration of Ethereum-based applications using tools like MetaMask, Remix, and Hardhat.

BDAG serves as the fuel for the network, facilitating transactions, smart contract execution, and overall ecosystem activity. Currently in its presale phase, BDAG has already raised over $206.5 million and surged 2,380% from its initial presale price of $0.001 to its current $0.0248 in batch 27. With over 18.9 billion tokens sold, BDAG is shaping up to be one of the most anticipated crypto launches of the year.

The growing interest from both developers and investors positions BlockDAG as a top contender in the crypto space, especially as the mainnet launch and exchange listings approach. Those getting involved early are not just investing—they’re positioning themselves at the forefront of a potential blockchain revolution.

The Road Ahead for PI, XLM, and BDAG

While PI coin has faced a steep decline, bullish technical signals offer hope for a recovery. Meanwhile, Stellar (XLM) continues to build momentum within its ascending triangle, hinting at a possible breakout if resistance is breached.

However, the most notable developments may come from BlockDAG. Its upcoming testnet launch on March 28 is more than just a technical milestone—it’s a significant step toward mass adoption. As developers start building and deploying real-world applications, BDAG’s utility is set to expand, potentially driving further demand and price appreciation.

With PI, XLM, and BDAG each at critical junctures, the coming weeks could be pivotal for their respective trajectories. Whether you’re an investor eyeing potential breakouts or a developer seeking a promising platform, now is the time to stay ahead of the curve.