Is It Too Late To Buy AI16Z? ai16z Price Pumps 32% In A Week And This Might Be The Next Crypto To Explode
The ai16Z price pumped 32% in the last week and 5% in the last 24 hours to trade at $0.4696 as of 11:21 p.m. EST on trading volume that skyrocketed 69% to $398 million. ai16z Price Gearing Up Towards A Sustained Recovery The AI16Z/USDT chart on the 4-hour timeframe shows a prolonged downtrend following a sharp rally. The ai16z price has been in a falling wedge pattern, indicating a period of consolidation and selling pressure. However, recent price action suggests a breakout from this downtrend, as the ai16z price has moved above the upper boundary of the wedge around the $0.40 resistance, according to data from GeckoTerminal . A strong bullish candlestick has confirmed the breakout, and an upward trajectory is being anticipated. The chart also highlights a significant resistance level at around $0.79, which aligns with the 200-day Simple Moving Average (SMA). The price of AI16Z has now moved above the 50-day SMA, signaling a likely bullish recovery. Meanwhile, the Relative...
