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The 0x0.ai price soared 33% in the last 24 hours to trade at $0.09064 as of 6:36 a.m. EST as investors rush to buy the crypto.
The recent gain by the 0x0 price has pushed the crypto’s monthly performances back into the green with a 20% pump and it’s soared 26% in the past week.
0x0.ai Price Breaks Out Above A Bearish Channel
Daily chart for 0x0/USD (Source: GeckoTerminal)
The 0x0.ai price escaped a medium-term bearish channel with strong force, breaking above the $0.07197 and $0.09398 resistance levels, data from GeckoTerminal shows. It has since retraced to trade below the second barrier.
If bulls are able to push today’s close to above $0.09398, the 0x0.ai price might have the technical foundation needed to rise to the subsequent resistance at $0.11830.
However, a rejection from the $0.09398 mark or traders opting to take profits could stop the altcoin’s price in its tracks. In this alternative, more bearish scenario, the 0x0.ai price might end up testing the recently-breached $0.07197 mark as support. Extreme pressure from sellers could even lead to a plunge to as low as $0.04880 in the short term.
0x0.ai Price Surge Might Just Be Getting Started
From a technical point of view, indicators on the daily chart, such as the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI), suggest the 0x0.ai price might continue to surge in the coming 24 hours.
A major bullish technical flag is on the verge of being triggered by the MACD, as it looks to cross above the Signal line. If this intersection happens, it could confirm that the altcoin has entered a short-term positive trend.
There has also been a surge in buyer power that accompanied the recent rally, as seen with the RSI readings that skyrocketed from deep oversold territory around 30 to above 60.
What’s more, the latest reading below 70 suggests there is still room for the crypto’s price to rise before it enters overbought territory. The positive slope of the RSI line also signals that bulls might try to push the 0x0.ai price higher.
As the 0x0.ai price looks to keep rallying, investors are also buying into a new trading bot crypto called Snorter Token (SNORT). The popular YouTube channel 99Bitcoins, with over 723K subscribers, predicts the new token could soar 10X after its launch.
Snorter Bot Turns Telegram Into A Personalized Trading Dashboard
Snorter Token introduces the most affordable and efficient trading bot for the Solana ecosystem. Unlike competitors that offer users browser-based tools, the Snorter Bot functions within the widely-used messaging app, Telegram.
That enables users to turn the app into a personalized trading dashboard, which lets them perform sub-second swaps and automated token sniping, as well as monitor their crypto portfolios in real-time, all within the Telegram app.
One area where the Snorter Bot stands out from its competitors is its fee structure. Token holders get to use the trading bot at a discounted rate, with their fees coming down from 1.5% to 0.85%.
This makes Snorter cheaper than BonkBot, Maestro, Trojan, Banana Gun, SOL Trading Bot, and the rest.
Snorter Token Presale Races Towards $500k Just Days After Going Live
Just days after the project’s presale went live, there has been strong interest from investors, with over $416k raised.
Interested investors can get in on this ground level by purchasing the token through the easy-to-use widget embedded on the project’s website. Selling for only $0.0941, SNORT can be bought with both crypto and bank card.
SNORT holders can also stake their tokens for a huge 768% APY. All investors have to do is navigate to the staking page on the website after buying some SNORT tokens and lock up their newly-acquired SNORT.
Anyone that wants to buy might want to hurry because SNORT’s price will increase as the presale progresses. The next price hike is scheduled to take place in less than 20 hours.
Visit the Snorter Token website to learn more.
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