By ArbDoge AI Price Prediction as AIDOGE Blasts Up 5% – Are Whales Buying?
ArbDoge AI (AIDOGE) has recently experienced a notable price surge of 12% after $10 million of trading volume flooded into the project.
After hitting a low point at 0.000000000128, AIDOGE has managed to find support and has since embarked on a recovery, reaching the 0.000000000158 level.
Will AIDOGE continue its upward momentum and surpass this level, or is a drop imminent?
Let’s delve into the details to uncover the potential movements.
ArbDoge AI Price Prediction
On the technical front, the AIDOGE/USDT pair is exhibiting a slightly bullish bias, encountering immediate resistance near $0.000000000154.
A closer analysis of the 4-hourly timeframe reveals that ArbDoge AI has completed a 38.2% Fibonacci retracement level at $0.000000000154.
The presence of an inverted hammer and a bearish engulfing candle in the same timeframe suggests a potential halt in the recent uptrend.
Notably, this level coincides with the 50-day exponential moving average, which adds further resistance.
However, if AIDOGE manages to sustain above the $0.000000000154 level, it opens up the possibility of testing the 61.8% or 78.6% Fibonacci extension levels at $0.000000000159 and $0.000000000168, respectively.
Analyzing leading technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), both indicators are currently in a stable zone, supporting the potential to continue the existing trend.
Nevertheless, the 50-day moving average is likely to provide resistance around $0.000000000150 in the short term.
On the downside, if AIDOGE maintains its upward trajectory, it could find initial support around the $0.000000000140 level.
A breach of this support level has the potential to extend the decline toward $0.000000000128.
It is crucial to monitor the $0.000000000154 level as a pivotal point, as any break below could give rise to further selling.
At the same time, if the market consolidates above, then the price surge may continue.
Alternative Meme Coins Gain Momentum in the Crypto Market
As the attention towards meme coins continues to grow, notable mentions are being made of meme coins like AiDoge (AI) and WSM, as they gain momentum and attract significant attention in the market.
AiDoge (AI)
Drawing inspiration from the original meme coin, DOGE, these alternative projects have emerged with unique characteristics and aspirations.
While AiDoge (AI) shares a name resemblance to ArbDoge AI, it should be noted that they are separate entities, each with its own distinct vision and objectives.
The official Twitter account of AiDoge (AI), recently announced an exciting opportunity for token holders.
Users who stake their tokens can enjoy a reward of 50% APY.
However, token holders must hurry and stake their tokens within the next two weeks to be eligible for the payouts.
Visit AiDoge at AiDoge.com
Wall Street Memes
Wall Street Memes, a well-known online community for investors, has achieved a significant milestone with the highly anticipated presale of its meme coin, $WSM.
Within a remarkably short time since its launch, the presale has raised more than $9 million, grabbing the attention of crypto enthusiasts around the world.
Discover more: Explore Wall Street Memes price prediction.
WSM tokens are currently selling for $0.0298 and will keep rising in price at as the presale progresses.
Buy Wall Street Memes Now
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
