The AI Companion price soared by a remarkable 53% within 24 hours, reaching $0.06154 at 11:42 a.m. EST, as traders rushed to acquire the cryptocurrency. This surge has propelled AIC's value by an astounding 243% over the past week.
AIC Price Forms a Bullish Channel
The AI Companion price chart over the past hour forms an ascending channel, characterized by a series of higher highs and higher lows. If AIC continues to trade within this channel, it may gather sufficient momentum to overcome the resistance level of $0.066777.
A successful breakout above $0.066777 would potentially launch AIC into a price discovery phase. Conversely, a rejection from this level could invalidate the bullish scenario, potentially leading to AIC falling out of the channel and testing the support level of $0.050136.
AIC Price Poised for Major Technical Triggers
Technical indicators on AIC's 1-hour chart suggest a continued upward trajectory. Bullish signals are imminent, as evidenced by both the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators.
The RSI is approaching a crossover above its Simple Moving Average (SMA), indicating that buyers are gaining dominance. Additionally, the RSI remains in the high 70s, suggesting room for further appreciation before entering overbought territory.
Simultaneously, the MACD line is trending towards the MACD Signal line, a sign that AIC's bearish trend is nearing an end. If the MACD line surpasses the MACD Signal line, it would confirm the onset of a new bullish trend, fueling further price increases.
Layer-2 Meme Coin Pepe Unchained (PEPU) Gains Traction
As the AI Companion price maintains its upward momentum, investors are turning their attention to layer-2 meme coin Pepe Unchained (PEPU) for parabolic gains.
Unlocking PEPE's Potential with Layer-2 Technology
PEPE has ascended the crypto ranks to become one of the largest meme coins by market capitalization. However, its progress has been hindered by high transaction fees and sluggish processing times on the Ethereum network.
Pepe Unchained addresses these limitations by migrating PEPE's transactional activity to a dedicated side chain. This shift will provide PEPE users with blazing-fast transaction speeds, 100 times faster than any meme coin on Ethereum, and significantly lower transaction costs.
Analysts are optimistic about Pepe Unchained's potential to enhance PEPE's market presence. The layer-2 network could pave the way for future meme coin projects, ushering in an era of enhanced utility and functionality within this lighthearted sector.
Presale Frenzy Surrounds PEPU
Pepe Unchained's ongoing Initial Coin Offering (ICO) has raised over $12.7 million, underscoring investor confidence in the project's prospects. The presale offers an attractive 160% APY to early adopters who purchase and stake PEPU.
Access to staking rewards is effortless. Investors can acquire PEPU directly through the official website using ETH, USDT, or bank cards. Given the limited time remaining before a price increase, those seeking the best possible rate are advised to act promptly.