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The AVA AI price went ballistic and pumped more than 195% in the last 24 hours to trade at $57.99 as of 6:20 a.m. EST as investors go long on the altcoin.
Throughout the past day of trading, the AVA price was also able to reach a new all-time high of $61.69. It has since pulled back more than 6% to its current price.
AVA AI Price Hits A Roadblock
1-hour chart for AVA/USD (Source: GeckoTerminal)
The AVA AI price has been in a positive sequence over the past couple of days, printing a series of higher highs and higher lows during this period, GeckoTerminal data shows. In recent hours, however, a resistance level at $63 seems to have formed. AVA will need to overcome this mark in order to continue its ascent.
Clearing the technical obstacle at $63 could lead to a price discovery phase towards the upside for the AVA AI price. Conversely, a rejection from this point might lead to a wave of profit-taking from early investors. AVA might end up testing the immediate support level at $54.03 in this alternative scenario.
Continued sell pressure should the AVA AI price fall to $53.03 might then lead to a break below the key price point. This could result in a drop to $44.46 or even $36.60 if the bearish pressure persists.
Technicals Warn The AVA AI Price Might Undergo A Correction Soon
From a technical standpoint, indicators on the altcoin’s 1-hour chart warn the AVA AI price might drop in the coming few hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) warn a correction may be looming for the crypto.
Recently, the RSI line has started to drop. This, coupled with the high reading in overbought territory, could prompt traders to decrease their exposure to the altcoin. RSI readings above 70 are typically seen as a sell signal, because they suggest an asset’s downside potential is greater than its upside potential.
Meanwhile, the MACD line has started to collapse in on the MACD Signal line, which usually indicates that a crypto’s bullish momentum is cooling off. A confirmation that the AVA AI price has exited its bullish trend might be if the MACD line crosses below the MACD Signal line in the next couple of hours.
While traders start to cash in their profits from AVA’s recent rally, investors are rushing to buy a new AI Pepe derivative called Mind of Pepe (MIND) that has raised nearly $1 million in its first day.
99Bitcoins, a popular YouTube channel with over 721K subscribers, recently analyzed MIND and said the opportunity to invest in the meme coin during its presale stage “is too good to pass up.”
The First AI Derivative Of A Major Web3 Brand
AI cryptos have performed exceptionally well in recent months. Concurrently, new meme coins, especially tokens based off of Pepe the Frog, have flooded the market. Frog-themed cryptos such as Pepe Unchained (PEPU) and Wall Street Pepe (WEPE) are taking the market by storm.
Now, Mind of Pepe, which is the first AI-powered derivative of the beloved PEPE, aims to make its mark. To achieve this, the project introduces a sophisticated self-learning and self-adjusting AI agent. This AI will analyze popular social platforms such as X to identify developing market trends using hive mentality analysis.
After identifying an opportunity, the model will share the exclusive insights and trade ideas to members of Mind of Pepe’s token-gated groups. To get in on these insights, investors will simply need to purchase MIND. The token is currently selling for $0.0031134, and can be bought with either ETH, USDT, BNB or bank card through the simple buy widget on the project’s website.
Mind Of Pepe Presale Closes On $1 Million
Mind of Pepe is showing early bullish signs that could lead to it clinching the title of the best crypto presale of 2025. After going live just yesterday, the crypto’s presale has already raised more than $993,000 as investors bet big on the project’s future.
Anyone interested in purchasing MIND will want to act fast, because the meme coin’s price is scheduled to increase as its ICO progresses. The next price adjustment will happen in 29 hours. There is also an impressive 1,766% staking APY on offer to presale buyers who lock up their tokens.
Purchase and stake MIND here for the high passive crypto rewards.
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