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The price of AI Companions surged by 24% in the past 24 hours to $0.1152 per share, and trading volume soared by 43% to $5.6 million.
The project’s native token, AIC, has gained more than 1,04% in the past week, with new centralized exchange listings boosting sentiment.
There are other factors driving its price, including panic buying sentiment, predictions of an upcoming surge in the fourth quarter, and the project receiving a lot of support from well-known experts on X.
I've been telling you all about AI gems and I found AIC which looks totally ready to go!
Two consecutive listings on centralized exchanges and huge utility are exactly the reasons that drive its rise.
I took a chance here before the next wave up!
https://t.co/Nfm4iMZpmg
higher.
pic.twitter.com/xYif5mKpQF
– Crypto King.eth.sol (@cryptosanthoshK)
September 23, 2024
AI Companions Price Prediction
Despite a massive price surge in recent days, which took the price of AI Companions from $0.05530 to an all-time high of $0.1386 a few hours ago, the coin has seen a pullback after approaching the $0.14 resistance level.
However, as its price continues to spiral downward towards the $0.10 support level, there is a chance that it could bounce back in the coming hours. Although the price has been pushing the lower band lower since the beginning of the decline and even initially exceeded the lower band limit, its Bollinger Bands remain very wide, which is a positive sign.
The positive factors of this indicator are closely linked with the negative factors, and it is difficult to predict what will happen next by looking at them alone.
However, another indicator, the relative strength index (RSI), shows that the price of AIC is under pressure from a massive sell-off, which began when the RSI value reached 71.82 a few hours ago. The sell-off began when this metric rose to the overbought area, and many traders and investors saw this as a signal to start selling. This shows that market participants are relying heavily on the RSI to make trading decisions.
That being said, the RSI currently has a value of 38.89, continuing its downward spiral towards the oversold region, which starts at a value of 30. If the RSI reaches this value, traders will most likely start buying AIC tokens in large quantities again.
Buying the dip — a drop in the price of a high-potential cryptocurrency — will likely spark another rally, as AIC has proven that it doesn’t take a lot for its price to start skyrocketing.
This provides opportunities for those who are willing to take on high risks, they just need to time their investments wisely and use appropriate risk management tools and features to reduce potential losses.
A promising alternative to AI Companions
Another high potential opportunity that investors can take advantage of right now is the new Memecoin casino token, Memebet Casino (MEMEBET Token).
This is a new crypto project that combines memes and gambling, launching a unique crypto casino that allows users to bet using memecoins.
Memebet Casino is unique in that it is taking advantage of the explosive growth in the memecoin space in 2024. While there are many betting platforms that use cryptocurrencies, there is none that has been developed specifically for memecoin investors, and they are also a big player in the GameFi space.
Thanks to its unique plan, the project has already managed to attract a ton of money into its just-launched ICO, which raised over $276,000 in less than two weeks and is now approaching its next major milestone of $300,000.
The project has already attracted the attention of numerous experts who shone a light on it through its ICO, including YouTube channel 99Bitcoins, which has 706,000 subscribers.
It sees the token as another example of a Telegram gaming project that has the potential to break out after launch.
Its native cryptocurrency, MEMEBET Token, is priced at just $0.0253 and can be purchased using ETH, USDT, BNB, MATIC, or a credit/debit card.
With its price scheduled to rise again within 24 hours, interested buyers should act quickly.
Please visit the MEMEBET Token official website.
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AI companion price surges by $24 as experts say this memecoin casino token could be the best cryptocurrency to buy right now
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