Join Our Telegram channel to stay up to date on breaking news coverage
The ai16z price soared 10% in the last 24 hours to trade at $0.3023 as of 03:49 p.m. EST on trading volume that skyrocketed 84% to $178 million.
Bullish Recovery Could Push The ai16z Price To The 0.786 Fib Level
The AI16Z price is showing a strong resurgence after a prolonged downtrend that began in late January 2025.
After bottoming out near the $0.0046 mark (as indicated by the 1.0 Fibonacci retracement level), the ai16z price traded sideways through much of February to early April, forming a consolidation base, as GeckoTerminal data shows.
Recently, AI16Z has broken out from this base structure, rallying over 129% in the last week and currently trading around $0.3023.
This bullish momentum has propelled the ai16z price above the 50-day Simple Moving Average (SMA), which is currently at $0.1726.
Such a breakout suggests a reversal of the previous bearish trend and a potential beginning of a new uptrend.
The price of ai16z appears to be targeting higher Fibonacci retracement levels, with the 0.236 level at $1.8970 being the long-term bullish objective, after surpassing the 0.786 Fib level.
Meanwhile, the Relative Strength Index (RSI) is currently at 77.21, which is above the overbought threshold of 70.
This indicates very strong bullish momentum but also warns of a possible short-term pullback or consolidation, as the AI16Z price may need to cool off before continuing higher.
Moreover, the Moving Average Convergence Divergence (MACD) line is above the signal line and both are above the zero line, confirming bullish momentum.
AI16Z Price Prediction
According to the AI16Z/USDT chart analysis on the daily chart, the current breakout and supporting bullish indicators, the short-term price target lies near the $0.5346 mark, aligning with the 0.786 Fibonacci retracement level.
This target is approximately 70% higher from the current ai16z price and appears to be the next logical resistance zone.
If the momentum continues and the market maintains its bullish structure, the next major resistance levels would be $0.9508 (0.618 Fib) and $1.2431 (0.5 Fib), which would act as medium- to long-term targets for AI16Z.
However, given the overbought RSI, a minor retracement or consolidation around current levels could happen. Support is likely to hold around the 50-day SMA at $0.1726 in case of a pullback.
Meanwhile, investors are rushing to buy a new AI agent crypto called MIND of Pepe (MIND). 99Bitcoins, a popular crypto channel on YouTube with over 725K subscribers, says MIND has the potential to soar 100X after launch.
Mind Of Pepe Presale Races Past The $8.5 Million Mark – Best Crypto To Buy Now?
MIND of Pepe introduces a powerful AI agent built for crypto trading. It uses advanced technology to analyze market trends and help traders find profitable opportunities.
It gathers insights from a large group of investors, especially those on social media platforms like X. By studying these discussions, MIND of Pepe’s AI is able to spot valuable market signals.
Unlike regular trading tools, MIND of Pepe runs on the latest AI models and improves over time.
The intelligent computer model processes huge amounts of data, makes independent decisions, and quickly adapts to market changes without a central authority.
Such features continue to attract investors, with its ongoing presale already fetching over $8.51 million.
Recently, MIND of Pepe set May 10 as the launch date for its AI agent. So, investors won’t have to wait until after the presale to tap into the model’s market insights.
MIND of Pepe AI agent is coming to X — May 10th 🔥
We’re proud to announce that MIND of Pepe, our autonomous AI agent, goes live on May 10th.
This isn’t a trading bot. MIND is a purpose-built intelligence system that ingests and cross-validates real-time data from across the… pic.twitter.com/rEuMsWKLu8
— MIND of Pepe (@MINDofPepe) April 23, 2025
MIND holders also have the opportunity to stake their tokens for a stratospheric 268% annual percentage yield (APY).
Currently, MIND tokens are priced at $0.0037465 and can be bought with either crypto or bank cards via the easy-to-use widget embedded on the project’s website.
Interested investors will want to act fast because MIND’s price will undergo a scheduled presale increase in about 15 hours.
Visit the MIND of Pepe website.
Related News:
- Top Crypto Gainers Today Apr 28 – Monero, Hedera, Alchemist AI, Chia
- SOL Rises 1%, Experts Say Consider This $32.1M Layer-2 Presale Token
- New Cryptocurrency Releases, Listings, & Presales Today – Chirper AI, Glades, Code Sprout
Best Wallet - Diversify Your Crypto Portfolio
Join Our Telegram channel to stay up to date on breaking news coverage