Join Our Telegram channel to stay up to date on breaking news coverage
The Max price jumped more than 3% in the last 24 hours to trade at $0.0943 as of 9:56 a.m. EST as traders slowly start to buy into the altcoin.
Despite the recent uptick, the MAX price is still 35% in the red over the last 7 days. However, zooming out to the 30-day time frame shows the crypto is up by an impressive 431%.
Max Price Consolidates
4-hour chart for MAX/USD (Source: GeckoTerminal)
The Max price has entered into a consolidation zone between $0.072640 and $0.10394 in the last couple of days, GeckoTerminal data shows. This period of sideways trading could be the build up to a big move.
Should the altcoin start to rally towards the upside, it could try to flip the resistance level at $0.10394 into support. Clearing this technical obstacle might then give the crypto the foundation needed to continue rising in the following few days, which could lead to the Max price rising to as high as $0.13301.
On the other hand, a breakdown in the Max price could result in the altcoin losing the $0.072640 support. Traders might panic sell in this alternative case, which could see MAX test the subsequent technical safety net at $0.04916.
Technicals Suggest the Max Price COuld Go Either Way
Technical indicators on MAX’s 4-hour chart show indecision in the market. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) suggest the Max price could go either way in the next 24-48 hours.
The RSI line has leveled off near the 50 benchmark over the last couple of days, with the current reading at $49.67. This indicates that the Max price’s next move will be determined by who (bulls or bears) enters the crypto’s order books first in the next couple of hours.
Meanwhile, the MACD line is trading bullishly above the MACD Signal line, which suggests MAX is in a positive trend. However, the low MACD Histogram readings warn that the crypto could easily enter into a new bearish cycle if sellers start to exert pressure on the Max price.
As traders wait to see what the Max price will do next, investors are rushing to buy a new AI agent crypto rival by the name of Mind of Pepe (MIND) to grow their portfolios. 99Bitcoins, a popular YouTube channel with more than 721K subscribers, says the new token has the potential to soar 20X after launch.
The First AI Derivative Of A Major Web3 Brand
Pepe has risen to become one of the top meme coins in the crypto space. This success has inspired other projects, such as Pepe Unchained (PEPU) and Wall Street Pepe (WEPE) who have both hit the ground running, to leverage the frog-themed character’s reputation to accelerate their adoption in the market.
Mind of Pepe (MIND) aims to do the same, but will introduce the first AI derivative of the popular Pepe the Frog meme. Through sophisticated computer models, the project will watch online platforms like X and others to identify emerging trends that could lead to profitable trades. To do this, the project uses a method called hive mentality analysis.
All of the market insights the AI agent gathers and all of the developing trends it identifies will be shared with MIND token holders to enable them to make more informed trading and investment decisions.
Anyone that wants to get access to these insights will simply need to purchase MIND, which is selling for $0.0031384 and can be bought through the simple widget on the project’s website using either ETH, USDT, BNB or bank card.
Mind Of Pepe Presale Pulls Investors In At A Rapid Pace
Mind of Pepe’s presale is off to an explosive start. After raising $1 million in just its first day, the crypto’s ICO raise continued to climb and now stands at over $1.7 million, signaling strong investor confidence in the project’s future at this early stage.
In addition to the bullish predictions from experts like 99Bitcoins, another potential reason behind this buying frenzy could be the 1,093% APY available to anyone who buys and stakes MIND during the presale phase.
Buy and stake MIND here before a scheduled price increase in less than 36 hours.
Related Articles:
- Everything You Need To Know About The $10.2 Million Flockerz Presale
- Catslap Airdrops $100k USDT To Top 10 Slapdrop Winners
- Thailand Poised to Approve Local Bitcoin ETFs
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