AI Companions Price Prediction: AIC Plunges 13% As Analysts Say This Innovative ICO Might Be The Best Crypto To Buy Now
The AI Companions price plunged 13% in the last 24 hours to trade at $0.09616 as of 07:43 a.m. EST on trading volume that slumped 39% to $4.3 million.
AI Companions Price Preparing For A Likely Bullish Trend Reversal?
The AI Companions price has been on a downtrend since yesterday, as the bulls struggle to push the price above the $0.18 resistance, according to data from GeckoTerminal .
The formation of a rounding bottom pattern at this level could encourage the bulls to stage a likely bullish trend reversal.
AIC price now trades slightly below the 50-day Simple Moving Average (SMA), coinciding with the recent downtrend.
Moreover, the Relative Strength Index (RSI) trades within the 50-midline level, currently at 48, which shows that the asset is currently in equilibrium.
If the bulls succeed in pushing the price of AI Companions up, AIC could soar, as they target prices above $0.20.
However, if the current bearish trend continues, the AIC price could plunge further to the $0.050 support level.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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