Join Our Telegram channel to stay up to date on breaking news coverage
The ai16z price soared 35% in the last 24 hours to trade at $1.23 as of 8:58 p.m. EST on trading volume that skyrocketed 218% to $195.73 million.
The pump made AI16Z the top performer among AI agents tokens, according to CoinGecko. In second and third places were FET and VIRTUAL, which climbed 4% and 1%, respectively.
ai16z Price On A Sustained Bullish Rally
The ai16z price analysis on the 1-hour timeframe reveals a bullish trajectory emerging from a consolidation phase. Initially, the price oscillated within a sideways range, failing to break above the 50 Simple Moving Average (SMA) and 200 SMA. However, a clear breakout above both SMAs has occurred, with the AI16Z price accelerating into a parabolic curve formation.
This parabolic ai16z price movement indicates growing buying momentum, highlighted by the sharp incline and subsequent attempt to test higher resistance levels. Currently, the price has retraced slightly after touching a high of $1.40, suggesting a short-term cooling-off period following the recent rally.
Meanwhile, the Relative Strength Index (RSI) currently stands at 67.42, indicating a mildly overbought condition. The slight decline from higher levels reflects a potential short-term retracement or consolidation as buying pressure cools. However, the RSI is still within bullish territory, supporting the ongoing uptrend.
Given the bullish signals, the price of ai16z will likely continue its upward trend in the medium term, supported by the golden cross and the parabolic curve. Our ai16z price prediction puts the next likely target to be around the $1.50 psychological resistance.
AI16Z/USDT Chart Analysis (Source: Tradingview)
However, in the immediate short term, the ai16z price may experience a minor pullback or sideways consolidation as RSI levels normalize. Key levels to watch include the 50-day SMA at $1.05 and the 200-day SMA at $0.81.
As the ai16z price soars, investors are also buying up a new frog-themed Pepe derivative called Wall Street Pepe (WEPE). Crypto influencer ClayBro, with over 134k subscribers, says it could soar 100X after launch.
Wall Street Pepe Amasses Over $37.6 Million
The Wall Street Pepe presale continues to gain impressive momentum, surging past $37.6 million in funds raised.
What truly distinguishes Wall Street Pepe is its dedicated army of $WEPE holder. These investors are driven by a shared goal: to outsmart the whales that currently dominate the market.
Through its exclusive trading group, where seasoned experts behind the project share their strategies with retail investors, Wall Street Pepe is crafting a master plan to dominate the market and shunt whale investors aside.
🚨 $WEPE presale is now live in Upcoming Tokens! 🚨@WEPEToken gives holders access to top-tier trading insights, exclusive market calls, and access to private insider groups. 👀
Here’s how to join:
📲 Download Best Wallet
🔥 Visit Upcoming Tokens
💎 Buy $WEPE using $ETH or… pic.twitter.com/sLdStEOgkZ— Best Wallet (@BestWalletHQ) December 3, 2024
By holding the $WEPE token, investors can also earn a 35% annual percentage yield (APY), providing a lucrative passive income stream.
Investors can buy $WEPE Token from the official website for $0.0003659 using ETH, USDT, or a bank card.
If you would like to join, buy before a price hike in less than an hour.
Related Articles
- Phala Network Price Soars 70% And This Might Be The Next Crypto To Explode
- Cambodia’s Central Bank Approves Stablecoins, Maintains Bitcoin Ban
- Crypto All-Stars Confirms First CEX Listings, Sending $STARS Price Surging 44%
Newest Meme Coin ICO - Wall Street Pepe
- Audited By Coinsult
- Early Access Presale Round
- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
Join Our Telegram channel to stay up to date on breaking news coverage