As a crypto investor, I’ve seen an extraordinary 74% surge in AIXBT by Virtuals over the past 24 hours, not only recouping losses from the last 12 days but also setting a brand-new all-time high (ATH) at $0.75. What a ride!
This unexpected increase in price contradicted the pessimistic predictions made by numerous traders, underscoring the rising curiosity and investment in this cryptocurrency alternative.
AIXBT Has Traders’ Interest
In just the past day, AIXBT’s Open Interest has nearly doubled, climbing from $73 million to $154 million. This substantial growth suggests increased interest from market players, as both individual and institutional investors are taking notice of this altcoin. The boost in Open Interest points towards a growing involvement with the asset.
On the other hand, an increase in interest doesn’t necessarily reflect bullish opinions. Some traders are optimistic about further growth, but others express doubts. This heightened activity underscores AIXBT’s volatility, making it an attractive target for speculative trades.
24 hours ago, AIXBT’s funding rate was negative, indicating that traders anticipated a decline in the asset and were positioning themselves against it. This pessimistic outlook coincided with increased market volatility, but it unexpectedly led to a surge in short liquidations worth $2.3 million. These forced liquidations led traders to reassess their investment strategies.
After quick changes in attitude due to forced sales, traders have started adopting a more optimistic stance. The resurgence of bullish energy now places AIXBT in a position for further development, bolstered by market enthusiasm and diminished selling pressures.
AIXBT Price Prediction: New ATH Ahead
In simple terms, the value of AIXBT increased by an impressive 74% within the past day, reaching $0.74 and setting a new all-time high of $0.75. This substantial rise underscores its standing as one of the leading AI-driven cryptocurrencies currently performing exceptionally well in the market.
Right now, this AI Agent is hovering above the significant $0.60 support line, which is crucial for maintaining further price increases. If AIXBT manages to hold onto this level, there’s a possibility it could continue its upward trend, possibly reaching new highs and offering substantial profits to investors.
If profits increase significantly, AIXBT could drop beneath its $0.60 support level. This fall could undo recent progress, challenge the positive perspective, and even lead to a further decrease towards $0.33. This underscores the need for traders to be aware of the market’s volatile nature.
Read More
- AI PREDICTION. AI cryptocurrency
- ONT PREDICTION. ONT cryptocurrency
- ZRX PREDICTION. ZRX cryptocurrency
- MOVR PREDICTION. MOVR cryptocurrency
- Dune Actress Rebecca Ferguson Joins Studded Cast Of The Magic Faraway Tree Alongside Andrew Garfield And More
- EUR ZAR PREDICTION
- SDEX PREDICTION. SDEX cryptocurrency
- What to Watch on Prime Video: 5 Best Movies and Series to Catch This Week; Featuring My Fault London, Elevation and More
- EUR UAH PREDICTION
- USD VES PREDICTION
2025-01-15 11:46