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AI Companions price fell 15% in the past 24 hours to trade at $0.08219 as of 7:45 a.m. EST, on a 14% drop in trading volume to $5 million.
AI Companions Price is trading in a consolidation phase
The AIC/USDT 4-hour time frame is trading within a bearish channel, characterized by higher highs and lower lows, signaling a short-term bearish trend. This downward movement continued from the end of September until the beginning of October. Eventually, price broke out of the channel, which often signals a potential reversal.
However, the price fluctuates around the simple moving average (SMA) of 50, which acts as a dynamic resistance level. The current price is near $0.0886, and how it reacts around this SMA could be crucial in determining the next significant price move.
AICUSDT analysis source: Tradingview
A strong support zone around $0.08 has provided a floor for the price on several occasions. This level remains a critical point for buyers to hold, as a drop below could lead to further declines. On the other hand, if price holds above this support and the 50 SMA, there is potential for an upward move towards the next resistance, potentially above $0.10.
The Relative Strength Index (RSI) stands at 47.72, which places the market in a neutral zone. This indicates that neither buyers nor sellers have a significant advantage and the price of AI Companions could move in either direction depending on market conditions.
Although the recent breakout from the bearish channel hints at upside potential, price must maintain its position above the support zone and the 50 SMA to confirm further bullish momentum. However, if support fails, a retest of lower levels around $0.06 could be in play.
Pepe unleashed the storms towards 20 million dollars: will the next coin explode?
As AI Companions price prepares for a possible bull rally, layer 2 competitor Pepe Unchained (PEPU) raised $18.5 million in funding during its presale, one of the most successful in the year.
The increase in funding has been spurred by some whale activity, with recent purchases including one for $50,000 and two others for $16,000 and $15,000.
Popular YouTuber Austin Hilton, with over 275,000 subscribers, revealed that he is doubling his investment in PEPU by adding another $10,000.
Pepe Unchained (PEPU) is the first PEPE derivative to come with its own proprietary blockchain, and the idea behind it is to “unchain” the OG PEPE from its old, cumbersome blockchain.
Pepe’s development has been hampered by slow transactions, high fees, and poor scalability, issues that the new PEPU network’s high-throughput, lower-cost, and scalable Layer 2 network is designed to address.
Pepe Unchained L2 preview!
What we are building is not just a new channel, but an entire ecosystem.
🐸Pepe unleashed L2
🐸Block Explorer
🐸DEX
🐸Bridge
🐸Advanced analysis
🐸Subsidies for buildersPepe Unchained is coming. And this will shake up the crypto space. pic.twitter.com/ZVnvgO6MGF
– Pepe Unchained (@pepe_unchained) September 26, 2024
Pepe Unchained is also opening its ecosystem to decentralized applications (dApps), supported by a developer grant program that starts this quarter.
PEPU offers an attractive annual percentage yield (APY) of 117% for investors who purchase and stake their tokens.
Currently priced at $0.00995, PEPU can be purchased using ETH, USDT, BNB, or bank cards. Buy quickly if you are interested because the price will increase in less than 23 hours.
Buy PEPU from the official website here.
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Most Wanted Crypto Launch – Pepe Unchained
- Layer 2 Coin Ecosystem
- Featured in Cointelegraph
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- Faceoff Rewards – pepeunchained.com
- Over $10 Million Raised at ICO – Ending Soon
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