AIXBT Price Gains Momentum,Eyes $0.50+
AIXBT is showing strong signs of a bullish trend. The price has jumped 25% from its recent low, hinting at a possible move towards $0.50 and beyond.
Today, AIXBT reached an intraday high of $0.2070, up from yesterday’s low of $0.1630. Trading volume surged over 120%, hitting $97 million in the past 24 hours. This surge puts the coin above the EMA 20, a key technical level.
The Relative Strength Index (RSI) is now at 57, indicating growing bullish strength.The RSI has formed higher lows since late April, showing increasing bullish momentum. However, the Moving Average Convergence Divergence (MACD) line is still below the signal line, suggesting that a full bullish shift hasn’t happened yet.
looking ahead, the next resistance level is around $0.23 to $0.24. Breaking this level could lead to more gains. Beyond $0.24, potential targets are $0.32, $0.39, and $0.54. These levels were previously significant during its downtrend.
Key support is around $0.15. If this support holds, it could fuel further gains. But if it breaks, the price might drop towards $0.10.
Technical indicators are positive. The price is above the EMA 20,and the RSI is climbing. The MACD shows fading bearish momentum. However, a full bullish shift is yet to occur.
For more detailed analysis, check TradingView.
Investors should watch the $0.23-$0.24 resistance. A clean breakout here could open the door for more upside. The $0.15 level is crucial. If it holds, it could lead to more gains. If it breaks, ther’s a risk of further downside.
AIXBT looks promising. But, as always, proceed with caution and do your research.
