{"id":609034,"date":"2024-12-11T11:13:18","date_gmt":"2024-12-11T11:13:18","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=609034"},"modified":"2024-12-11T11:13:18","modified_gmt":"2024-12-11T11:13:18","slug":"is-it-too-late-to-buy-ai16z-ai16z-price-soars-42-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-ai16z-ai16z-price-soars-42-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy AI16Z? Ai16Z Price Soars 42% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The ai16z price soared over 42% in the last 24 hours to trade at $0.7172 as of 4:02 a.m. EST as traders go long on the altcoin. <\/span><\/p>\n

With the recent surge, the AI16Z price was able to establish a new all-time high of $0.7625 in the last few hours. It has since pulled back slightly to trade at its current level.<\/span><\/p>\n

Ai16z Price Challenging Another Resistance Level<\/span><\/h2>\n

\"AI16Z<\/p>\n

4-hour chart for AI16Z\/USD (Source: GeckoTerminal)<\/span><\/p>\n

The <\/span>ai16z<\/span><\/a> price broke above the resistance level at $0.6880 and is attempting to flip the next barrier at $0.7810 into support, according to <\/span>GeckoTerminal data<\/span><\/a>. Clearing this technical obstacle could give the crypto the room needed to rise to as high as $0.8694, which is confluent with a medium-term positive trend line that has emerged on the crypto’s 4-hour chart.<\/span><\/p>\n

However, the ai16z price failing to establish a position above $0.7810 within the next 12 hours could prompt traders to realize their profits from the crypto’s rally. This potential sell pressure might then lead to a retest of the recently-breached $0.6880 mark. Continued pressure from bears should the <\/span>crypto<\/span><\/a> reach this point could then push the ai16z price down to $0.5949.<\/span><\/p>\n

Technicals Suggest Bulls Might Push The Ai16z Price Higher In The Short Term<\/span><\/h2>\n

Bulls seem to still be in control, with both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators on the 4-hour chart pointing to a continuation of AI16Z’s positive trend in the coming 24 hours.<\/span><\/p>\n

RSI readings have soared from below the neutral 50 level to above 70 to suggest an increase in buyers’ collective strength. Although the current reading places the ai16z price in overbought territory on the 4-hour chart, the positive slope of the RSI line could be an indication that bulls show no signs of letting up just yet. <\/span><\/p>\n

AI16Z also entered into a positive cycle, which was signaled by the MACD line’s break above the MACD Signal line in the last 24 hours. With the gap between the two technical indicators growing, it seems AI16Z’s bullish momentum is picking up steam.<\/span><\/p>\n

While the AI16Z price attempts to flip another resistance level into support, investors are turning to meme coin rival <\/span>Flockerz (FLOCK)<\/span><\/a> for potential 100X gains.<\/span><\/p>\n

An Innovative Vote-To-Earn Meme Coin<\/span><\/h2>\n

Many projects claim to be truly decentralized and community focused, but it more than often turns out that this is not the case. This is where Flockerz (FLOCK) stands out. At the heart of the project is its innovative vote-to-earn mechanism, which rewards token holders for actively taking part in the project’s governance.<\/span><\/p>\n

Each FLOCK holder has a say in the project’s future direction. By placing votes during each governance decision, holders are rewarded in FLOCK tokens. This not only makes Flockerz a truly community-driven project, it also means it will be able to keep its community members engaged for the long run – something that even non-meme coin projects struggle to achieve.<\/span><\/p>\n

By participating in governance decisions and growing their FLOCK holdings, investors stand to benefit from the meme coin’s speculative potential. Several experts have stepped forward to share their bullish predictions for FLOCK. Among them is an analyst from the 99Bitcoins YouTube channel, which has over 706K subscribers, who says FLOCK could soar 100X. <\/span><\/p>\n