The ChainGPT price jumped 2% over the past 24 hours to $0.1176, with trading volume up 6% to $4 million.
ChainGPT Price Dynamics
After hitting a monthly high of $0.148, the ChainGPT price has been in a downtrend, trading within a falling channel pattern. Current data show the price has fallen below both the 50-day and 200-day Simple Moving Averages (SMA), affirming the bearish trend. The Relative Strength Index (RSI) has also dropped to 44, indicating that sellers have the upper hand. If the selling continues, the price could plunge to the $0.0990 support zone. However, the MACD indicator suggests positive momentum.
ChainGPT Prospects
If the bulls pick up momentum at this level, the ChainGPT price could reach $0.130. Investors are also showing interest in Pepe Unchained.
Success of Pepe Unchained
Pepe Unchained has raised over $11.5 million in its presale, including $500,000 in the last five days. The project aims to significantly improve upon its predecessor by transitioning to a Layer 2 blockchain, enhancing scalability and transaction speed.
The ChainGPT price has shown significant growth, but future prospects depend on investor actions and new projects like Pepe Unchained.
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