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The aixbt by Virtuals price plummeted 8% in the last 24 hours to trade at $0.4170 as of 11:08 p.m. EST on trading volume that dropped 1% to $88 million.
aixbt by Virtuals Price On A Slight Bearish Trend
The AIXBT price chart displays a clear corrective phase after a strong uptrend. The aixbt by Virtuals price had previously reached a high near $0.70, marking a strong resistance level.
Following this peak, a significant pullback has occurred, bringing the price of aixbt by Virtuals down to the $0.41 region, according to GeckoTerminal data.
Notably, the price of aixbt by Virtuals has dropped below the 50-day Simple Moving Average (SMA) at $0.5172, which is now acting as resistance.
This indicates that bearish pressure is currently dominating the market. However, the 200-day SMA at $0.3512 remains untested and serves as a critical support level for the long-term trend.
A potential demand zone between $0.46 and $0.65 is visible, where buyers have stepped in before to defend the AIXBT price.
The asset is currently trading within this zone, suggesting the possibility of a short-term bounce or consolidation. However, failure to hold this level could result in a further decline toward the 200-day SMA or lower.
The Relative Strength Index (RSI) is currently at 33.61, which is approaching the oversold region. This suggests that the selling momentum might be nearing exhaustion, and the asset could be due for a reversal or at least a short-term relief rally.
If the RSI begins to climb and crosses above 40, it could signal renewed bullish momentum.
AIXBT Price Prediction
According to the aixbt by Virtuals price general outlook, the price action appears to be at a critical juncture. If the $0.40–$0.43 demand zone holds, the asset could see a short-term rebound toward $0.50–$0.52 (50-day SMA).
A break above $0.52 would open the path for a recovery toward $0.60–$0.70, where the next major resistance lies.
However, if the price of AIXBT fails to hold the $0.40–$0.43 zone and breaks lower, the next major support is the 200-day SMA at $0.35, with a potential drop toward $0.30 in an extended bearish scenario.
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