Join Our Telegram channel to stay up to date on breaking news coverage
The ArbDoge AI price soared over 91% in the last 24 hours to trade at $0.0000000001738 as of 10:19 p.m. EST as investors rush to buy the meme coin.
With the recent gain, the AIDOGE price is now more than 165% in the green on the longer-term weekly time frame.
ArbDoge AI Price Trying A Challenge At Resistance
Daily chart for AIDOGE/USD (Source: GeckoTerminal)
The ArbDoge AI price is attempting to overcome the resistance level at $0.0000000001771, according to data from GeckoTerminal. Should the meme coin flip this barrier into support in the next 48 hours, it could clear the room needed to continue its recent rally. Buyers might then push the meme coin to as high as $0.0000000002458 in the short term.
However, a rejection from the $0.0000000001771 resistance in the next 24 hours could mark the end of AIDOGE’s bullish move. Traders might then start to realize their profits from the recent rally, which might lead to the ArbDoge AI price dropping to the nearest support level at $0.0000000001058. Continued bearish pressure could result in a plunge to $0.0000000000701.
Technicals Suggest The ArbDoge AI Price Might Keep Climbing, But Traders Should Proceed With Caution
Looking at technical indicators on the daily chart, it seems a bullish scenario is more likely to play out in the next 24 hours, but there might be some volatility during this period as well. Investors will want to keep an eye on the Moving Average Convergence Divergence (MACD) and the Bollinger Bands (BBANDS) indicators.
The MACD line broke above the MACD Signal line in the last 24 hours. This is a classic bullish signal that suggests a crypto has entered a positive short-term trend. Since the two lines intersected, the signal has been validated by the rally in the ArbDoge AI price. What’s more, the growing gap between them suggests growing bullish momentum.
While momentum currently favors bulls, there is the possibility of extreme volatility in the next 24 hours, with the gap between the upper and lower boundaries of the BBANDS indicator widening. Usually, the big gap between these two points warrants caution, because it indicates that a crypto has entered a volatile phase.
In addition to the widening gap, the ArbDoge AI price is also trading near the upper boundary of the BBANDS indicator. This is usually seen as a sell signal, but it is not unusual for a crypto to trade above this level for sustained periods of time in bullish market conditions.
As the ArbDoge AI price tries to keep its bullish streak alive, investors flock to another AI meme coin called MIND of Pepe (MIND).
The 99Bitcoins YouTube channel, which boasts over 725K subscribers, predicts MIND could surge 10X after its launch.
The First AI PEPE Coin About To Enter The Market
Pepe the Frog is a well-known meme character in the crypto space, mostly due to Pepe Coin (PEPE). The character’s debut in the crypto market has resulted in the launch of several frog tokens looking to capitalize on the hype around the character.
New entrant, MIND of Pepe, could be the project that elevates the Pepe the Frog brand out of the meme coin space given the project’s high levels of utility and the powerful AI model at the center of its ecosystem.
MIND of Pepe’s AI agent is able to connect to social platforms and monitor chatter in real-time to identify emerging trends in the crypto space using hive-mind analysis. Once it spots a trend that could lead to profitable trade opportunities, it shares its insights with MIND investors through token-gated groups.
Not only is it constantly on the lookout for new trends, the AI agent can also deploy its own tokens, hype them up online, trade them, and then reinvest any profits back into MIND. With each new crypto it creates, the computer model gives MIND holders the opportunity at early buy-in, setting them up for potentially massive profits if the tokens gain traction in the market.
MIND of Pepe’s AI can also steer the market narrative to benefit MIND holders by engaging with influencers and other investors online.
MIND Raises Over $8M In Parabolic Presale
MIND of Pepe has raised more than $8 million through its ongoing presale so far, signaling strong investor confidence in the project’s future.
Interested investors can participate in the presale by purchasing MIND via the simple widget embedded on the project’s website. Selling for $0.0037165, MIND can be bought with either ETH, USDT, BNB, USDC or bank card.
Buyers looking to lock in the best rate will want to act fast before the next scheduled presale price increase in less than 2 days.
Learn more about MIND of Pepe.
Related Articles:
- Bitcoin Held By Listed Companies Surges 16% In Q1
- Mantra Crypto Crash: $4.5 Billion Wiped Out After 90% Plunge
- The SEC Ends Probe Into Ethereum NFT Project CyberKongz
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
