CorgiAI Price Prediction: CORGIAI Pumps 31% As This Latest AI Presale Token Surges Towards $2.5 Million

Updated: 08 January 2024

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Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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The CorgiAI price climbed 31% during the Sunday trading session to record an intra-day high of $0.002521 at 1:03 p.m. EST time.

The surge in CorgiAI price saw CORGIAI feature among the top ten crypto performers, alongside GMT (GMT), Stacks (STX), and Maker (MKR).

https://twitter.com/HODLstarter/status/1744207320656101696

CorgiAI Price Outlook As CORGIAI Scales A Recovery Rally

After a 31% recovery attempt on Sunday, early profit-taking interrupted CorgiAI price as selling pressure outweighed buyer momentum. Nevertheless, for the upside potential to be invalidated, the altcoin’s price must record a candlestick close below $0.001259 on the daily timeframe. This stance is accentuated by the Parabolic Stop and Reverse (SAR) indicator, which continues to trail the CorgiAI price from below.

For as long as the Parabolic SAR, a price-tracking indicator, follows the asset’s price from below, it is bound to rise as the indicator provides support. With this outlook, therefore, CorgiAI price remains bullish from a big-picture perspective, and the recovery rally could continue.

Increased buying pressure above current levels could see CorgiAI price overcome the $0.002480 resistance level. Further north, the gains could extend for the price to tag the $0.002946 resistance level.

In a highly bullish case, CorgiAI price could record a higher high above the $0.003200 range high, potentially reaching the $0.003500 psychological level. Such a move would constitute a 60% climb above current levels.

On the flip side, the Relative Strength Index (RSI) is nose-diving, signifying falling momentum among the bulls. If the bears take charge, CorgiAI price could dwindle below the critical support at $0.001259. A decisive candlestick close below this level would invalidate the prevailing bullish outlook.

In the dire case, the slump could extrapolate for CorgiAI price to slip past the $0.001000 psychological level, or worse, the range low at $0.000500.

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