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Several crypto assets are gaining today, topping prices, demand, trading volume, and accumulation charts. AGIX, AXS, AiDoge, Launchpad, yPredict, DLANCE, OKB, ECOTERRA, and SPONGE are the cryptocurrencies experiencing price rallies today, May 26.
Many factors, including the ease of macroeconomic activities or an increase in demand, could positively affect the prices of these cryptocurrencies.
Given the recent price performance of the live assets and the presale success of some new projects, investors could expect higher growth potential or promising price outlooks.
SingularityNET (AGIX)
AGIX is the utility token powering the blockchain-built platform, SingularityNET, enabling users to easily create, publicize, and monetize their AI services. Through the platform’s globally-accessible marketplace, users can easily browse, explore, and purchase their preferred AI services with AGIX.
Today, AGIX trades at $0.2718, with an increase of 5.72% at the time of writing. Considering this price gain, the token could make a new record on its historical data today.
AGIX to Face More Rallies Amid Price Fluctuations
AGIX Moving Average Convergence/Divergence (MACD) is above the signal line. Even though it has a negative value, it represents AGIX’s price fluctuations. As such, the asset price could stagnate between $0.26 and $0.27.
Notwithstanding, AGIX is still above its 200-Day SMA, a long-term bullish sentiment; it could enjoy more price rallies in the long run. AGIX’s Relative Strength Index (RSI) of 45.64 signifies a neutral market position between the oversold and overbought region.
The asset is trading bearish below its 50-Day Simple Moving Average (SMA), but the 200-day SMA indicator hints at more rallies for the asset in a longer period.
Axie Infinity (AXS)
AXS has reached $6.82 today with a 0.88% price difference at the time of writing compared to its record on May 25.
As a utility token powering the blockchain-centered gaming and trading platform, Axie Infinity, AXS could be experiencing an increase in demand, causing its price to spike.
According to technical indicators on Tradingview’s chart, AXS could face more rallies, causing it to reach $6.85 before the day ends.
Technical Indicators Tips At AXS to Gain amid its Price Weaknesses
AXS’s Moving Average Convergence/Divergence (MACD) is above the signal line, which confirms the asset’s price increase today. Also, considering the bold green bar on the histogram, AXS will likely experience more rallies in the short term.
But AXS is trading below its 50-Day and 200-Day Simple Moving Average (SMA), a short and long-term bearish signal. AXS could experience more SELL trades in a longer period.
Also, the 200-Day SMA is above the 50-Day SMA, signifying the price weakness of the asset and price consolidation. Despite persistent bearish pressure on AXS, it is pushing further and strong, targeting a trend reversal in the nearest future.
The Relative Strength Index (RSI) value is 41.47, with a neutral market position between the oversold and overbought regions. Although the RSI is making a slight horizontal pattern, a trend reversal could occur if the movement goes upward towards 70
AiDoge (AI)
The crypto token powering the AI meme generation platform, AiDoge, has reached a presale price of $0.0000336.
The token boasts over $14.4 million in funds raised in its presale. Before this final presale stage ends, the total funds could reach the expected $14.9 million indicated on the presale site.
Notably, $AI is set to list on several exchanges at $0.0000336 after the end of its presale in the next 4 days. Early investors should prepare for their paper gains from this revolutionary meme project.
As a utility-infused token, users will make the most of their $AI token on the AiDoge platform and several exchanges.
Launchpad XYZ (LPX)
$LPX has reached a new milestone of $632,708 in its presale, selling at $0.0445. As the token facilitating activities and transactions on the revolutionary web3 hub, Launchpad XYZ, $LPX could potentially grow crypto in the market.
Launchpad XYZ is in the crypto space to bring simplicity to all web3 products, services, and features with an all-in-one dashboard on the platform.
Users seeking to learn about trading, market insights, sentiment, news, and trade setups, can now do all these without leaving the platform.
Launchpad XYZ’s key features include the Trading Edge, Terminal, and DEX. These features will help traders, investors, and crypto enthusiasts to learn about new and existing projects before they explode.
yPredict (YPRED)
yPredict (YPRED) presale has raised over $1.7 million, with its token selling for $0.09 in presale stage 6. The price is set to increase by 28.57% in the next stage, and at the end of the presale, YPRED will list at $0.12.
The tokens are selling out fast in this presale and will end after two more stages. Interested investors can still join the project ahead of the potential price spike.
Since YPRED powers the AI-driven trading toolkit, yPredict, its relevance, and value will likely increase following a wide adoption by crypto enthusiasts. Besides accessing several features and paying for subscriptions on yPredict, the $YPRED token has a lot of utility, making it valuable.
The YPRED holders can stake the tokens for lucrative rewards and huge discounts. They can also get free predictions for a lifetime, enabling them to make more precise predictions for their trades on the platform.
DeeLance (DLANCE)
DeeLance’s native utility token, $DLANCE presale, is one of the hottest fundraising campaigns 2023.
It has raised $1,072,383 rapidly, with 1 $DLANCE selling at $0.033. The token’s price will increase to $0.038 in the next few days, indicating its new presale stage. At the end of the presale, $DLANCE will list for $0.057.
Notably, DLANCE is the driving force of the freelancing and recruitment platform, DeeLance. The platform aims to revolutionize how freelancers connect with potential employers to work, socialize, and earn.
As such, DeeLance may outperform other existing freelancing platforms thanks to its blockchain-based technology and metaverse concept. Also, using smart contract audits and NFT integrations, users will have full ownership rights of any service or work they pay for.
In addition to DeeLance’s uniqueness, the platform only deducts a 2% commission from users and even provides them with instant earnings withdrawals. Considering the project’s utility, features, and solutions, DeeLance will likely take the freelancing and online recruitment industry by storm.
OKB (OKB)
OKB is showing a price increase compared to its yesterday’s record. Today, it’s trading at $45.98, with a rise of 0.33% at the time of writing.
OKB is the crypto released by one of the largest exchanges, OKEx (OK Blockchain Foundation and Maltese cryptocurrency exchange).
With OKEx services and numerous trading options for its users, increased trading activity on the exchange could be one of the factors boosting the price of its crypto, OKB.
OKB Price Analysis with Technical Indicators
OKB’s Moving Average Convergence/Divergence (MACD) above the signal line shows the possibility of OKB gaining more in price. Considering the bold green bar on the histogram, OKB could increase more before the trade closes today.
Since OKB is trading a few pips below its 50-Day Simple Moving Average (SMA), it will see more losses than gains in the next few days.
Notably, the Relative Strength Index (RSI) is at 50.75, representing neutrality in the market. But the downward movement of the RSI hints at a trend reversal if it drops below the oversold region of 30.
Ecoterra (ECOTERRA)
Ecoterra’s token, $ECOTERRA, has reached over $4.3 million in its presale, selling for $0.0085. The Ecoterra project aims at rewarding users and companies for fighting pollution and climate change.
With its state-of-the-art innovation, Ecoterra provides an easy way to scan recyclable items, locate reverse vending machines (RVMs), and track users’ environmental impact. All these are achievable with its Recycle2Earn (R2E) mobile app.
With the R2E concept, users will receive rewards when they recycle items or even purchase products made out of recycled items. Interested investors can still buy the token at this low rate to benefit from its diverse opportunities before it lists on exchanges.
Sponge (SPONGE)
Sponge (SPONGE) boasts a 6.58% price increase at the time of writing, selling at $0.0003073 today, May 26, 2023.
It’s one of the meme crypto projects that has performed well since joining the crypto market, even though the token has no clear utility.
SPONGE Gains Despite Price Weakness on Technical Indicators
SPONGE’s 200-Day Simple Moving Average (SMA) is above its 50-Day SMA, representing SPONGE’s price weakness in the long term.
As such, the coin will experience price fluctuations and consolidations over a longer period. Also, the Moving Average Convergence/Divergence (MACD) is below the signal line with a light red bar on the histogram.
This shows SPONGE’s price weakness and its effort to resist the dip in its price. On the other hand, SPONGE’s Relative Strength Index (RSI) is at 62.32, representing a neutral market position.
Its upward pattern also tips at a trend reversal in the coming days if the RSI enters the overbought zone. The RSI implies that SPONGE might soon reverse downwards after reaching the overbought zone.
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