Ghiblification Price Prediction: Ghibli Skyrockets 32,464% As Ripple Execs, Elon Musk Jump On New OpenAI Image Generator, Solaxy Presale Hits $28.1M

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Ghiblification Price Prediction: Ghibli Soars 32,464% As Ripple Execs, Elon Musk Jump On New OpenAI Image Generator, While Solaxy Presale Hits $28
Ghiblification Price Prediction: Ghibli Soars 32,464% As Ripple Execs, Elon Musk Jump On New OpenAI Image Generator, While Solaxy Presale Hits $28

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The Ghiblification price soared 32,464% in the past 24 hours to trade at $0.02130 as of 3:04 a.m. EST on trading volume that skyrocketed to $68.9 million.

This comes after OpenAI launched a new AI image generator called Images in ChatGPT.

The update has unleashed a flood of AI-generated art that looks straight out of Ghibli Studio classics. The feature has started rolling out for most users, and it is available for free, Plus, and Pros ChatGPT users.

X CEO Elon Musk joined in the fun, sharing an image of himself as Rafiki from The Lion King franchise, holding up DOGE like the future ruler of the meme kingdom. He says the Ghibli-style images are the “theme of the day.”

Ripple executives also joined the new trend, with David Schwartz, the Chief Technology Officer at Ripple, sharing a Ghibli-style anime portrait.

Ghiblification Price Aims For A Continued Surge

The Ghibli price has experienced a strong bullish trend, followed by a period of consolidation. The Ghiblification price surged significantly, reaching a local high of approximately $0.02847, but has since retraced as traders took profits, according to GeckoTerminal data.

This retracement has brought the price of Ghiblification closer to key Fibonacci levels, indicating potential areas of support and resistance.

Currently, the price of Ghibli is trading around $0.02130, attempting to recover from the recent pullback.

The 50-day Simple Moving Average (SMA) is currently positioned at $0.02234, slightly above the current price. This moving average acts as immediate resistance, indicating that short-term momentum has weakened.

Meanwhile, the 200-day SMA is situated at $0.01411, providing strong long-term support. The fact that the price remains well above the 200-day SMA suggests that the overall trend is still bullish, despite the current pullback.

The Ghiblification price recently dropped below the 23.6% Fibonacci retracement level at $0.02176, but it is currently attempting to reclaim this level. If successful, this could signal a continuation of the bullish trend.

Moreover, the 38.2% retracement level at $0.01761 previously acted as strong support, and if another correction occurs, this level could once again prevent further declines.

The Relative Strength Index (RSI) is currently at 49.57, indicating that market momentum is neutral.

The Moving Average Convergence Divergence (MACD) indicator currently shows the MACD line slightly above the signal line, suggesting weak bullish momentum.

Ghiblification Price Analysis Source: GeckoTerminal
GHIBLI Price Analysis Source: GeckoTerminal

Ghibli Price Prediction

The overall trend for the Ghiblification price remains bullish. If Ghibli manages to reclaim $0.02176 (23.6% Fibonacci level) and sustains above the 50-MA at $0.02234, there is a strong possibility of further upward movement toward $0.025, with a potential retest of the previous high at $0.02847.

On the other hand, if the price of Ghiblification fails to hold above $0.02176, it could decline further to test the $0.01761 (38.2% Fibonacci level). A break below this level would signal a deeper correction, potentially bringing the price down to $0.01425 (50% Fibonacci retracement level).

Meanwhile, investors are buying a new Solana meme coin called Solaxy (SOLX), which 99Bitcoins, a popular crypto channel on YouTube with over 725K subscribers, says might soar 10x after launch.

Solaxy Presale Closes On $29 Million

Solaxy, a new layer-2 scaling solution for Solana, has raised more than $28.1 million in its presale.

The project aims to address Solana’s network congestion issues by implementing off-chain processing mechanisms—similar to Ethereum’s layer-2 solutions. This model has already been proven as a successful way to scale a blockchain through platforms like Arbitrum and Optimism.

By processing transactions off of Solana’s main chain, bundling them together, and then submitting them to the mainnet for final verification, Solaxy’s system enhances efficiency.

Once launched, Solaxy will also provide a platform where developers can build decentralized applications or launch new tokens without compromising Solana’s layer-1 capabilities. 

Solaxy also offers token holders who stake SOLX a huge annual yield of 145%

Investors interested in participating in the presale can visit the official Solaxy website to buy SOLX tokens for $0.001676 each using BNB, ETH, USDT, or a bank card. 

Buy before a price hike in slightly more than 1 day to lock in the best deal.

Learn more about Solaxy

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