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The AI Companions price has soared 57% in the last 24 hours to trade at $0.1428 as of 8 a.m. EST on a 36% pump in trading volume to $9.9 million.
The AIC price surge made it the top gainer among the top 100 cryptocurrencies on CoinGecko.
AI Companions Price Spikes Above The Bearish Channel
The price action of AI COMPANIONS/USDT in a 4-hour timeframe shows a dramatic shift in market dynamics. Between December 16 and December 27, the price followed a consistent bearish trajectory, confined within a downward sloping channel marked by lower highs and lower lows.
During this period, the AIC price reached a low of $0.097314, coinciding with the 200-period moving average, which acted as a robust support level. However, on December 27, a decisive bullish breakout occurred, with the price surging sharply and breaking above the upper boundary of the bearish channel.
AICUSDT Analysis Source: Tradingview
This breakout signaled a reversal of the downtrend and marked a turning point in market sentiment. Following the breakout, the price quickly climbed to a high of $0.150000, where it faced resistance, leading to the current consolidation phase.
Currently, the price is trading between $0.1428 and $0.1500, indicating a tug-of-war between bulls and bears. The 50-period moving average at $0.137299 provides immediate support, while the 200-period moving average at $0.097314 serves as a key long-term support level.
The RSI (Relative Strength Index) stands at 68.50, signaling that the asset is nearing overbought conditions. This suggests the possibility of a short-term pullback, especially if buying momentum weakens.
If the bulls manage to maintain the AI Companions price above the $0.1370 support zone, there is potential for further upward movement, targeting the $0.1600 level or higher.
Conversely, failure to hold this level could lead to a retracement toward the $0.097314 support area. The breakout indicates a bullish trend reversal, but traders should remain cautious as the price consolidates near a critical resistance zone. Overbought conditions add to the potential for volatility.
Final Call To Buy Flockerz As Presale Zooms Toward $9Million
While the AI Companions price surges, investors are also buying into Flockerz (FLOCK), a meme coin presale that has already raised over $8.2 million in funding.
An analyst on 99Bitcoins, a popular YouTube crypto channel with over 719K subscribers, says that FLOCK has the potential to skyrocket 100X when it launches.
Flockerz brings utility and engagement via FlockTopia, its decentralized autonomous organization (DAO). It allows FLOCK token holders to vote on important decisions, like marketing plans and token burns, while earning extra tokens through its vote-to-earn (V2E) system.
Flockerz also offers a staking program with a huge annual yield of 333%, providing an opportunity for passive income.
Those post-holiday carbs hit hard.
There's a different kind of bread circulating Flocktopia though 😉🤑💙 pic.twitter.com/SNRJ2FXpi2
— Flockerz (@FlockerzToken) December 30, 2024
FLOCK tokens are available for $0.0065561 each and can be purchased using BNB, ETH, USDT, or a bank card.
This is the last chance to join the presale and lock in the current price before the official launch in just 22 days.
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