AIXBT Price Gains Momentum, Eyes $0.50+
AIXBT is showing strong signs of a bullish comeback.The price has surged 25% from its recent low,hinting at a possible move towards $0.50 and beyond.
Today, AIXBT has climbed from $0.1630 to $0.2070, marking a 25% increase. This rally comes after a dip. The trading volume has spiked by over 120%, reaching $97 million in the last 24 hours.
The price is now above the EMA 20, a key indicator. This bullish crossover with the SMA 50 has held for a month. The RSI, a momentum indicator, is at 57, showing strength without being overbought. Since late April, the RSI has formed higher lows, indicating growing bullish momentum.
The MACD suggests bearish pressure is fading. though, a full bullish shift is pending as the MACD line is still below the signal line.
Looking ahead, the next resistance is around $0.23 – $0.24. Breaking this level coudl lead to more gains. Beyond $0.24, potential targets are $0.32, $0.39,and $0.54.
Support is at $0.15. If this breaks,the price could fall towards $0.10.
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