Ai16z Worth Prediction: As AI16Z Plunges 17%, This Blockbuster Meme Coin ICO Closes On $44 Million

The ai16z worth plummeted greater than 17% within the final 24 hours to commerce at $1.80 as of two:36 a.m. EST as traders dump their holdings within the altcoin available on the market.

The steep pullback by the AI16Z worth within the final 24 hours was sufficient to erase the crypto’s weekly beneficial properties. Consequently, the altcoin is simply over 1% within the purple on the 7-day time-frame.

Ai16z Worth Resting On Help

4-hour chart for AI16Z/USD (Supply: GeckoTerminal)

The ai16z worth is resting on the important thing help degree at $1.7369 after printing a collection of decrease lows and decrease highs, resulting in the formation of a descending channel on the 4-hour chart. Ought to the crypto proceed to commerce inside this destructive vary, it might stand the danger of shedding the $1.7369 help and plunging to as little as $1.4891 within the brief time period.

Conversely, ai16z breaking out above the descending worth channel would possibly result in a rebound within the crypto’s worth. On this extra bullish case, the altcoin might find yourself making an attempt to reclaim a place above the $1.9847 mark. A 4-hour candle shut above this technical barrier would possibly then give the ai16z worth the muse wanted to rise to the resistance degree at $2.2325.

Sellers Nonetheless In Management Of The Ai16z Worth

Bears are at present nonetheless accountable for the ai16z worth from a technical perspective. Indicators such because the Transferring Common Convergence Divergence (MACD) and the Relative Energy Index (RSI) on the 4-hour chart warn the crypto’s worth would possibly hold dropping within the coming 24 hours. 

RSI readings have plunged beneath the impartial 50 mark within the final 24 hours, signaling vendor energy. With the destructive slope of the RSI line, there’s the danger that bears will proceed to exert downward strain on the ai16z worth by way of the course of the subsequent 24 hours.

In the meantime, the MACD line crossed beneath the MACD Sign line within the final 24 hours. This particular technical occasion, which triggered ai16z’s worth drop, is usually seen as a sign {that a} crypto has entered a destructive cycle. The crypto’s bearish momentum seems to be intensifying as effectively, which is obvious by the rising hole between the MACD and MACD Sign line.

As ai16z stays on the mercy of sellers, traders are turning their consideration to new Pepe by-product Wall Avenue Pepe (WEPE), which has already raised greater than $43.8 million in presale.

Giving Retail Merchants Their Personal Insider Group

Wall Avenue Pepe is on a mission to finish the dominance of crypto whales, who share insights and methods in secret insider teams, out there. To perform this, the challenge is making a WEPE Military of degen merchants and analysts who will share their very own unique market insights and alpha commerce calls, primarily enabling group members to commerce like a professional.

Anybody can be part of the rapidly-growing WEPE Military by merely buying WEPE tokens by way of the purchase widget embedded on the challenge’s web site. Promoting for $0.00036644, WEPE tokens might be acquired utilizing both crypto or financial institution card.

Profitable is a vibe and I’ve obtained it. 🐸 ⚔️ pic.twitter.com/XbH9kImFGS

— Wall Avenue Pepe (@WEPEToken) January 7, 2025

As soon as bought, traders will simply want to attend for the subsequent commerce alternative to current itself out there and be shared to WEPE Military group members. Till then, holders can put their WEPE tokens to work for engaging passive crypto rewards. Anybody who buys and stakes WEPE now will unlock entry to a 29% APY.

WEPE Presale Closes On $44 Million – Finest Crypto To Purchase Now?

Wall Avenue Pepe’s presale is fast-approaching the $44 million milestone, signaling sturdy investor confidence within the challenge’s future and positioning the meme coin as probably the greatest crypto ICOs of 2025. 

Predecessor and fellow Pepe by-product Pepe Unchained (PEPU) clinched the title of the perfect presale of 2024 after it raised greater than $73 million. It has since gone on to set a number of new all-time highs.

WEPE’s ongoing ICO has already raised greater than PEPU did when its presale was at an identical stage, resulting in hypothesis that WEPE might overtake Pepe Unchained as soon as it enters the open market.

Crypto analyst and YouTuber ClayBro advised his greater than 134K subscribers in a current video that WEPE traders might grow to be millionaires as soon as the challenge launches.

Buy WEPE tokens right here.

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