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The Xodex price plunged 25% in the last 24 hours after surging 240% in the last month to trade at $0.0005412 as of 03:43 a.m. EST on trading volume that dropped 18% to $3.2 million.
This comes as the Xodex ecosystem, a go-to platform for efficient, low-cost cross-chain trading, launches its Beta phase.
XODEX BETA is now live!
We look forward to hearing feedback from our community. Please be aware #XODEX is in beta and will be constantly improving the user experience.
Earn $XODEX rewards for bug bounties over the next 48 hours via our open ticket on Discord.
Trading… pic.twitter.com/qnxNwQ9NPH
— XODEX (@XODEXnetwork) July 15, 2024
Xodex Price Invalidates The Rounding Bottom Pattern, A Reversal Coming?
The Xodex price has been in a tear in the last month, as the bulls used the $0.0003499 to push the token up to the $0.0007539 resistance, according to data from GeckoTerminal. XODEX then dropped and rose thereafter, forming a rounding bottom pattern.
The bears invalidated the bullish stance, pushing the token down slightly from the resistance level.
Moreover, the Relative Strength Index (RSI) is dropping down from the overbought region, hurtling towards the 30-oversold level, coinciding with the slight retrace, which shows that the asset is currently undervalued, and may start attracting buying positions from investors.
If investors start buying, the price of Xodex could use the $0.0005370 support to push the token back up, which could form a cup and handle pattern, further adding to the general bullish prospects of XODEX.
Conversely, if the bears keep on selling, the price could retrace back to the $0.0004463 support level.
Meanwhile, as the Xodex price soars, other investors are rushing to buy WienerAI (WAI) after the project announced its presale will end on July 31.
WienerAI Presale Surges Towards $7.5 Million – Presale Ends Soon
WienerAI has gained traction in the crypto space as a project that introduces an innovative AI token and trading bot.
In just over two months, and despite the recent market downturn, WienerAI has been unstoppable, amassing almost $7.5 million.
The WAI trading bot, dubbed the ChatGPT of crypto, uses predictive technology and a user-friendly interface to provide users advice on when to buy and sell crypto.
More than just a bot–WienerAI is your ultimate crypto trading companion.
We're delighted to share some sneak peeks with our incredible and supportive community. (1/4) pic.twitter.com/kR8ypeJycj
— WienerAI (@WienerDogAI) June 11, 2024
WienerAI has similarities to another recent canine-themed ICO called Scotty the AI (SCOTTY), which garnered over $10 million in its presale.
Join the sausage army!! 🌭🌭
We are growing fast 💪 pic.twitter.com/OnfAlIXSyz
— WienerAI (@WienerDogAI) June 9, 2024
The project allows holders to stake tokens for an annual percentage yield (APY) of 151%.
According to 99Bitcoins, a crypto channel on YouTube, $WAI could potentially soar 100X after its launch.
You can be part of the presale by buying WAI tokens for $0.00073 each. There are now less than 15 days left to join one of the hottest presales of 2024.
You can buy WAI tokens on the official website here using ETH, BNB, USDT, or a bank card.
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