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The Solidus Ai Tech price is down more than 13% on the weekly time frame despite a minor 24-hour gain to trade at $0.02122 as of 10:17 p.m. EST as investors dump their holdings in the crypto.
With the drop over the past 7 days, the AITECH price is now down over 95% from its all-time high of $0.4976 that it reached on March 13, 2024.
Solidus Ai Tech Price Rests On Support
1-hour chart for AITECH/USD (Source: GeckoTerminal)
The Solidus Ai Tech price is resting on a support level at $0.02120, data from GeckoTerminal shows. Should the crypto drop below this technical safety net within the next few hours, it risks undergoing a drop to the subsequent support down at $0.02086.
However, traders identifying the current Solidus Ai Tech price as a buy opportunity could result in a more bullish scenario playing out that might lead to AITECH trying to flip the $0.02162 resistance into support. Thereafter, continued pressure from buyers might push the Solidus Ai Tech price up to as high as $0.02203 in the short term.
Technicals Suggest The Solidus Ai Tech Price Could Keep Dropping
From a technical perspective, indicators on AITECH’s 1-hour chart warn the crypto might drop in the next few hours. Traders will want to keep an eye on short-term Exponential Moving Averages (EMAs) and the Relative Strength Index (RSI) on the hourly chart as both signal decreasing bullish strength.
The 9 and 20 EMAs are currently acting as dynamic resistance levels and pushing the Solidus Ai Tech price down. What’s more, the shorter EMA is looking to cross below the longer EMA. An intersection between these two technical indicators could signal that the Solidus Ai Tech price has entered a negative short-term trend.
Meanwhile, RSI readings have fallen below the neutral 50 mark in the last couple of hours as well. Traders usually see decreasing RSI values as a sign of increasing seller strength. The recent drop below 50 also suggests bears have gained the upper hand, while the negative slope of the RSI warns sellers show no intention of easing their pressure on AITECH.
If the technical warning signs presented by the MACD and RSI on the 1-hour chart influence traders’ decision making, the Solidus Ai Tech price could drop below the $0.02120 support soon.
As the Solidus Ai Tech price hovers above support, investors might want to look at a new frog-themed presale project called MIND of Pepe (MIND) for gains. 99Bitcoins, an influential YouTube channel with over 721K subscribers, says the meme coin has the potential to soar 20X after its launch.
The First AI PEPE About To Enter The Market
MIND of Pepe is looking to continue the success of the frog-themed tokens that came before it. To maximize its chances at success, the project introduces a sophisticated artificial intelligence model and combines it with PEPE and meme coin appeal.
The intelligent AI agent at the core of the project’s ecosystem is capable of monitoring conversations on social platforms, including Crypto Twitter, to try and find new developing trends in the crypto space.
Once it has spotted an emerging trend that other traders are not aware of yet, the MIND of Pepe AI shares its insights with MIND token holders via token-gated groups to give them an edge in the market.
Not only will the AI agent be on the lookout for new trends, it can also launch its own tokens, which it then hypes up online and trades before reinvesting any profits back into MIND. MIND holders also get the chance at early buy-in with these new tokens, setting them up for possible massive gains if the cryptos start to rally.
Investors Bet Big On MIND’s Future
With its AI and meme coin appeal, coupled with PEPE-inspired branding and the recent hype around frog tokens, it’s no wonder investors have already poured more than $7.8 million into MIND’s ongoing presale.
The buying frenzy will likely continue, because on top of everything the project has to offer, there is also a 286% APY up for grabs for investors who buy and stake MIND at this early stage.
To get in on the rewards, investors will first need to buy some MIND via the widget embedded on the project’s website. Currently selling for $0.0036965, MIND can be bought with either ETH, USDT, USDC, BNB or bank card. Thereafter, investors will just need to lock up their tokens via the staking page to start earning the passive crypto rewards.
Interested buyers will want to act fast, because MIND’s price will undergo another presale increase in less than 2 days.
Visit the MIND of Pepe website.
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