ai16Z Price Prediction: AI16Z Plummets 14% As Traders Turn To This New AI Agent Token That’s Raised Almost $2M In 3 Days
The ai16z price plunged 14% in the last 24 hours to trade at $1.26 as of 6:12 a.m. EST as investors decrease their exposure to the AI agent crypto. The drop in the AI16Z price could be due to profit-taking as traders start to realize their gains from the crypto’s strong performance over the last 7 days. Even after the latest correction, the altcoin is still up more than 72% on the longer-term time frame. ai16z Price Resting On A Key Support 4-hour chart for AI16Z/USD (Source: GeckoTerminal) The ai16z price has been in a negative sequence over the past 24 hours. After printing a series of lower lows and lower highs during this period, a descending channel has formed on the crypto’s 4-hour chart. Now, the altcoin is resting on the key support level at $1.2099. Should the ai16z price fall below the $1.2099 mark within the next 12 hours, it could stand the risk of plunging down to the subsequent support at $0.9138 in the following couple of days. On the other hand, the a...