{"id":618294,"date":"2025-01-15T10:01:14","date_gmt":"2025-01-15T10:01:14","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=618294"},"modified":"2025-01-15T10:01:14","modified_gmt":"2025-01-15T10:01:14","slug":"ai16z-price-prediction-ai16z-pumps-15-as-new-ai-agent-token-mind-of-pepe-raises-almost-1-million-in-less-than-a-day","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ai16z-price-prediction-ai16z-pumps-15-as-new-ai-agent-token-mind-of-pepe-raises-almost-1-million-in-less-than-a-day","title":{"rendered":"ai16z Price Prediction: AI16Z Pumps 15% As New AI Agent Token Mind Of Pepe Raises Almost $1 Million In Less Than A Day"},"content":{"rendered":"
The ai16z price pumped more than 15% in the last 24 hours to trade at $1.35 as of 3:22 a.m. EST as investors go long on the AI crypto.<\/span><\/p>\n Despite the surge in the AI16Z price, the crypto is still down over 44% from the all-time high of $2.47 that it set on Jan. 2.<\/span><\/p>\n <\/p>\n 4-hour chart for AI16Z\/USD (Source: <\/span>GeckoTerminal<\/span>)<\/span><\/p>\n The <\/span>ai16z<\/span><\/a> price was able to break above the resistance level at $1.2201 in the last 24 hours, and is now attempting to overcome the next major barrier at $1.4834, GeckoTerminal data<\/a> shows. Should the crypto overcome this technical obstacle, it might have the room needed to rise to as high as $1.7209 in the short term.<\/span><\/p>\n On the other hand, failure to close a 4-hour candle above $1.4834 in the coming 8 hours might invalidate the bullish thesis and bring an end to the crypto’s recent rally. In this alternative scenario, traders might start to realize their profits and exert sell pressure on the ai16z price. The <\/span>crypto<\/span><\/a> could subsequently drop back below the $1.2201 mark before falling to $0.9027.<\/span><\/p>\n From a technical perspective, indicators on the crypto’s 4-hour chart suggest that bulls are slowly starting to exit AI16Z’s order books. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing early bearish signs.<\/span><\/p>\n Recently, the RSI dropped from 59 to 56, which suggests a decrease in buyer strength. Although the latest reading above the neutral 50 mark indicates buyers are currently stronger than sellers, the levelling-off slope of the RSI line warns the situation might reverse in favor of bears.<\/span><\/p>\n Bulls’ momentum has also started to cool off, as suggested by the MACD line that is collapsing towards the MACD Signal line. Should the gap between the two technical indicators continue to narrow, a bearish crossover by the two lines could take place. In the event the MACD line crosses below the MACD Signal line, traders might react negatively and panic sell.<\/span><\/p>\nAi16z Price Breaks Above Resistance<\/span><\/h2>\n
Bears Slowly Starting To Take Back Control Of The Ai16z Price<\/span><\/h2>\n