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The price of ai16z has pumped over 15% in the past 24 hours to trade at $1.35 as of 3:22 AM EST, as investors buy into the AI crypto.
Despite the rise in AI16Z price, the cryptocurrency is still down more than 44% from its all-time high of $2.47 set on January 2.
Ai16z price breaks above resistance
AI16Z/USD 4-hour chart (Source: GeckoTerminal)
the ai16z The price was able to break through the resistance level at $1.2201 over the past 24 hours, and is now trying to overcome the next major barrier at $1.4834, GeckoTerminal data He appears. If the cryptocurrency overcomes this technical hurdle, it may have the room to rise to the $1.7209 level in the short term.
On the other hand, failure to close the 4-hour candle above $1.4834 within the next eight hours could invalidate the bullish thesis and put an end to the cryptocurrency’s recent rally. In this alternative scenario, traders may start taking their profits and exert selling pressure on the ai16z price. the encryption It could then fall below the $1.2201 mark before falling to $0.9027.
Bears are slowly starting to regain control of the Ai16z price
From a technical perspective, indicators on the cryptocurrency’s 4-hour chart suggest that bulls are slowly starting to exit the AI16Z order books. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing early bearish signals.
Recently, the Relative Strength Index dropped from 59 to 56, indicating a decline in buyer power. Although the recent reading above the neutral 50 mark suggests that buyers are currently stronger than sellers, the settlement slope of the RSI line warns that the situation may reverse in favor of bears.
The upward momentum is also starting to slow down, as suggested by the MACD line breaking down towards the MACD signal line. If the gap between the two technical indicators continues to narrow, a bearish crossover between the two lines may occur. If the MACD line crosses below the MACD signal line, traders may react negatively and sell out of panic.
As traders started to exit the charts for ai16Z, an investor frenzy erupted around a new AI agent and hybrid PIPI derivative called Mind Baby (MIND)which has raised more than $950,000 in pre-sale in less than one day since its launch.
Self-developing artificial intelligence designed to identify cryptocurrency market trends early
Mind of Pepe represents the first AI-powered Pepe derivative. At the heart of the project is a cutting-edge, self-learning, self-evolving AI model designed to browse X (formerly Twitter) and other platforms to identify trends in the developing cryptocurrency market using cellular mind analysis.
Once collected, the AI will distribute exclusive market insights to members of the project’s token-gated communities, enabling them to make more informed trading decisions.
In addition to identifying emerging market trends, autonomous AI will also be able to shape the cryptocurrency dialogue by sharing its opinions and interacting with others online.
Typically, AI models fail to adapt to ever-evolving market cycles and changing trends. Mind of Pepe’s AI model addresses this common pitfall through several cutting-edge technologies that allow it to identify dips in performance and update itself when necessary.
Mind Of Pepe collects nearly $1 million on its first day
Mind of Pepe has raised nearly $1 million in pre-sale in less than one day since launch, indicating strong investor confidence in the future of the project at this early stage.
Experts have started coming forward to share their bullish forecasts for the new AI-powered meme coin. Among them is an analyst from the YouTube channel 99Bitcoins, which has more than 721,000 subscribers, who says the opportunity to invest in MIND early is “too good to pass up.”
The analyst also highlighted the strong performance of AI-based cryptocurrencies in recent months, boldly predicting that Mind of Pepe could be “the best ever.” Investors clearly share the same sentiments, as evidenced by the impressive growth in the project to date.
Anyone wishing to acquire MIND before it enters the open market can do so using the simple purchasing tool included on the project’s website. The memecoin retails for $0.0031134 and can be purchased using ETH, USDT, BNB, or a bank card.
Following the acquisition of MIND, investors can put their tokens to work immediately using the attractive staking initiative offered to early-stage buyers. Anyone who buys and invests in MIND now will unlock access to an amazing 1825% annual return.
Visit Mind’s official website here.
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