{"id":617973,"date":"2025-01-14T12:47:10","date_gmt":"2025-01-14T12:47:10","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=617973"},"modified":"2025-01-14T12:47:10","modified_gmt":"2025-01-14T12:47:10","slug":"is-it-too-late-to-buy-buzz-hive-ai-price-soars-68-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-buzz-hive-ai-price-soars-68-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy BUZZ? Hive AI Price Soars 68% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"
The Hive AI price has soared 68% in the last 24 hours to trade at $0.07307 as of 3:20 a.m. EST on a 56% pump in trading volume to $56 million.<\/p>\n
The BUZZ\/USD hourly chart highlights a bullish breakout following the formation of a descending triangle pattern. Descending triangles are bearish continuation patterns, but in this case, the price action reversed near the $0.04 support level, leading to a bullish reversal.<\/p>\n
The breakout was confirmed as the price surged above the descending trendline at approximately $0.073, signalling renewed buying momentum.<\/p>\n
The 50-period Simple Moving Average (SMA) acts as dynamic support, with the price currently trading above $$0.07307<\/a>. This indicates a shift in sentiment toward the bulls in the short term.<\/p>\n <\/p>\n BUZZUSD Analysis Source: Dextools.io<\/p>\n The Moving Average Convergence Divergence (MACD) further supports this outlook, with the MACD line crossing above the signal line and positive momentum reflected in the histogram.<\/p>\n Similarly, the Relative Strength Index (RSI) is at 63.26, comfortably in bullish territory but not yet overbought, suggesting an opportunity for further upward movement.<\/p>\n From a price perspective, the key support levels are $0.058 and $0.04. On the upside, $0.08 is the next significant resistance level, followed by the psychological level of $0.10. If the price sustains above the breakout point of $0.073, it could target these levels. <\/span><\/p>\n However, before further gains, a pullback to retest the $0.058-$0.073 zone is possible. Failure to hold above $0.058 could invalidate the bullish scenario.<\/span><\/p>\n The chart suggests a strong bullish setup with the potential for further gains, provided the price sustains above critical support levels. Traders should watch for a continuation toward $0.10 while being cautious of potential pullbacks.<\/p>\n While traders anticipate more bullish momentum for the Hive AI price, investors are flocking to the Meme Index (MEMEX)<\/a> presale, a project that introduces the world’s first decentralized meme coin indices and has already surpassed $2.3 million in early fundraising. According to popular YouTuber ClayBro, who has over 135K subscribers, MEMEX could soar 26X after launch.<\/p>\nMeme Index Presale Races Past $2.3 Million – Next Crypto To Explode?<\/h2>\n