{"id":593377,"date":"2024-10-31T11:01:42","date_gmt":"2024-10-31T11:01:42","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=593377"},"modified":"2024-10-31T11:01:42","modified_gmt":"2024-10-31T11:01:42","slug":"ai-companions-price-prediction-aic-plummets-17-as-crypto-all-stars-closes-on-3-million-in-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ai-companions-price-prediction-aic-plummets-17-as-crypto-all-stars-closes-on-3-million-in-presale","title":{"rendered":"AI Companions Price Prediction: AIC Plummets 17% As Crypto All-Stars Closes On $3 Million In Presale"},"content":{"rendered":"

The AI Companions price has plummeted 17% in the last 24 hours to trade at <\/a>$0.09437<\/a> as of 3:35 a.m. EST on a 3% drop in trading volume to $8.9 million.<\/span><\/p>\n

AI Companions Price Hits Resistance But Stays Within The Bullish Channel<\/h2>\n

The chart shows the price action of the COMPANIONS\/USDT trading pair in a 4-hour timeframe. Recently, the price entered an upward trend within a bullish channel, with prices reaching as high as $0.13 before facing resistance.<\/p>\n

However, the price has since broken below this bullish channel, signaling a potential reversal or corrective phase. Currently, it’s trading around $0.094, showing a 1.71% decline in the latest session.<\/p>\n

A support zone around $0.073 has been marked, where the price previously consolidated and rebounded several times. This zone could act as a critical support level if the price continues to fall. At present, the price is testing support near the 50 SMA (Simple Moving Average) line, which stands at $0.097.<\/p>\n

\"AI<\/p>\n

AICUSDT Analysis Source: Trasdingview<\/p>\n

This moving average serves as a dynamic support level, and if the price holds above it, it could suggest a recovery. A breakdown below this level, however, could indicate further downside potential.<\/p>\n

The 200 SMA, which represents a longer-term trend indicator, is positioned around $0.092. Since the current price is still above the 200 SMA, the overall trend remains cautiously bullish. But, a significant drop below both the 50 and 200 SMA lines would be a bearish indicator.<\/p>\n

The RSI (Relative Strength Index) is currently around 41.41, indicating bearish momentum. Although the RSI recently touched a high of 58.83, the subsequent drop points to increasing selling pressure.<\/p>\n

An RSI below 50 indicates bearish momentum in AI Companions price, though it hasn’t reached oversold levels. If the RSI moves closer to 30, it could signal an oversold condition and potentially a buying opportunity.<\/p>\n

Given the recent breakdown from the bullish channel, there is a short-term bearish outlook. The 50 SMA at $0.097 and the support zone at $0.073 are key levels to monitor.<\/p>\n

Holding above these levels may lead to a recovery, while a failure to do so could result in a move lower. This cautious outlook emphasizes watching these support levels for potential confirmation of the next price direction.<\/p>\n

Crypto All-Stars Nears $3 Million: The Best Crypto To Buy Now?<\/h2>\n

As the AI Companions price dumps, investors are flocking to buy the new meme coin Crypto All Stars (STARS)<\/a>, which has raised over $2.9 million in its presale.<\/p>\n

ClayBro, a prominent crypto analyst on YouTube with over 130K subscribers, says that $STARS has the potential to soar 10X after its launch.<\/p>\n