Recent developments in the cryptocurrency market have caught the attention of investors. AIXBT's price has surged, and the new Wall Street Pepe project has raised impressive amounts in its presale.
AIXBT Price Surge
The price of AIXBT by Virtuals has jumped 41% in the last 24 hours, reaching $0.6565, with trading volume surging 90% to $478 million. On the 4-hour timeframe, a clear bullish trend is visible, following a double bottom pattern formation around the $0.38 level. This classic reversal pattern signaled the end of a prior downtrend, leading to a sharp rally towards the $0.669 resistance level. The breakout above the neckline of the double bottom further confirms the strength of the upward move.
AIXBT Forecast and Potential
AIXBT is poised for further gains if it successfully breaks above the $0.70 resistance level. Such a breakout could lead to rallies towards $0.80 or even $0.90. Despite strong bullish momentum, caution is advised due to the RSI's overbought condition, which may result in short-term corrections. A healthy pullback to the $0.60-$0.63 range could provide a new buying opportunity for bulls.
Wall Street Pepe Achievements
Wall Street Pepe is gaining attention as the standout ICO of the year, having raised $48.3 million in its presale. Based on memes and community spirit, this coin is inspired by Wall Street Bets and aims to provide opportunities for collective investments. WEPE offers a passive income opportunity through staking with a 26% annual yield.
The rapid rise of AIXBT and the achievements of Wall Street Pepe highlight the interest and dynamics in the crypto market. These events may serve as significant benchmarks for the industry's further development.
