Act I: The AI Prophecy Price Surges

The Act I: The AI Prophecy (ACT) price has experienced a meteoric rise, skyrocketing 1,739% to $0.4088 within 24 hours as of 05:49 a.m. EST. CoinGecko reported a trading volume surge of 2,895% to $711 million.

Binance's recent listing announcement, with trading commencing on November 11 at 10:00 UTC, has significantly contributed to the ACT price spike.

Sustained Price Surge

Prior to the Binance listing, ACT's price was consolidating around $0.019, as per data from GeckoTerminal. The listing announcement pushed the price on a parabolic trajectory, breaking above both the 50-day and 200-day Simple Moving Averages (SMAs), signaling a classic bullish confirmation.

Overbought Indicator

The Relative Strength Index (RSI) has surpassed the overbought region, reaching 95. This indicates that the asset may be overvalued and overextended.

Bullish Trajectory

The Moving Average Convergence Divergence (MACD) suggests a positive trajectory for the asset. The blue MACD line has crossed above the orange signal line, indicating a bullish crossover.

Potential for Further Gains

If the current momentum continues, ACT's price could potentially climb higher, with bulls targeting $1.0.

Cautionary Note

However, the overextended RSI value cautions against excessive optimism. A selling signal from bears could lead to a slight price dip to the $0.20 support level.

Additional News

Amidst the ACT price surge, the Pepe Unchained (PEPU) presale has raised over $26.7 million. YouTube channel 99Bitcoins predicts a potential 100x return on PEPU after its launch.

Pepe Unchained Presale

• The Pepe Unchained presale is highly successful, aiming to liberate the original PEPE meme coin from Ethereum's infrastructure constraints.
• The project will operate on its own Layer 2 blockchain, addressing scalability and efficiency issues.
• Token holders can passively earn through the platform's staking system, offering a 91% APY.
• PEPU tokens can be purchased for $0.01259 on the official website using ETH, USDT, or bank cards.