AI Companions price has significantly dropped over the last 24 hours, coinciding with a decline in trading volume. In this article, we explore the reasons for this drop and potential future changes.

AI Companions Price Consolidation Phase

The AIC price is in a consolidation phase, trading in a bearish channel over the past weeks. Although the price recently broke out of this channel, the 50 SMA continues to act as dynamic resistance. This is a level to watch closely.

Pepe Unchained Approaches $20 Million

While AI Companions tries to find solid ground for upward movement, the project Pepe Unchained has raised $18.5 million in one of the year's most successful presales. This has been bolstered by significant whale purchases, including $50K, $16K, and $15K. Pepe Unchained offers high APY returns and opens its ecosystem to decentralized applications (dApps).

Technical Analysis and AI Companions Outlook

Currently, AI Companions holds strong support around $0.08. With the RSI index in a neutral zone, the price movement could go in either direction. Staying above the 50 SMA could indicate upwards movement, whereas falling below the current support could lead to further declines.

AI Companions price remains in a zone of uncertainty. Current resistance and support levels play a crucial role in predicting future price movements. Pepe Unchained's success is also an interesting case reflecting the investors' interest in new projects within the crypto space.