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Cryptocurrency News Articles
Web3 ai (AVAX) Testing Key Support Zone as Dogecoin (DOGE) Continues Downward Path
May 12, 2025 at 01:03 am
In crypto, price shifts make news, but strong security builds real trust. Avalanche (AVAX) is testing a key support zone and shows signs of a technical recovery.
In the dynamic realm of cryptocurrency, where price shifts command attention and strong security builds lasting trust, Avalanche (AVAX) is testing a key support zone that could herald a technical recovery. Meanwhile, Dogecoin (DOGE) continues on a downward path, dragged by weak signals and increasing short interest.
While these trends reveal risk, a new project, Web3 ai, is delivering a stronger foundation with its AI-powered Scam Detector that adds a protective layer to user activity.
This unique tool, which reviews smart contracts and catches fraud early, directly tackles the issue of reliability in Decentralized Finance (DeFi). With tools made to both shield and grow user assets, Web3 ai is ranking as the most popular cryptocurrency among those focused on safety and utility.
Why Web3 ai’s Scam Detector Brings Confidence Back to Crypto
DeFi users are familiar with the common narrative: fraud isn’t rare, it’s becoming more frequent. From fake launches to exploitive projects, and everything in-between, users are losing funds daily. This is where Web3 ai brings a smarter layer of defense.
Its real-time Scam Detector is an AI-based system that reviews smart contracts, tracks social signals, and scans for potential threats before they can harm users. This isn’t speculation or guesswork; it’s data-led protection.
The tool combines past behavior of scams with real-time blockchain tracking and social sentiment scans to alert users early. It’s one part of Web3 ai’s larger set of 12 AI tools designed to support various crypto activities like trading, portfolio setup, staking, and risk control.
In today’s market, where avoiding scams is crucial for preventing losses, Web3 ai’s Scam Detector stands as a valuable tool for those seeking to make informed decisions.
As word of this project spreads and its presale continues, more users are taking notice. So far, Web3 ai has brought in more than $2.5 million, with its presale now in stage 3 and the current price at $0.000331. The final presale stage will reach $0.003267, and the official launch price is set at $0.005242. This will give early buyers a possible 1747% return.
With many analysts saying it could climb to $1, $WAI is making its mark as the most popular cryptocurrency being snapped up early.
Avalanche (AVAX): Technical Rebound May Be on the Horizon
Avalanche has dropped 16% since its April peak, now sitting near $18, a critical support level. This level has acted as a strong base in the past, and current indicators suggest a turnaround could be forming.
The 4-hour RSI shows bullish divergence, indicating slowing sell pressure. Price action is now holding above the previous low of $18.28, which aligns with current support.
If AVAX manages to rise into the $22 to $24 zone and break above the $24 resistance, it would confirm a new upward move. However, with low trading volume throughout the decline, stronger buying is needed to support a rebound.
If support near $18.30 fails, the next key watch zone lies at $14.37, the March low, which would remove any bullish short-term signs.
Dogecoin Price Pullback: What’s Behind the Drop?
DOGE is currently trading around $0.1712 after pulling back from a high of more than $0.18 in early May. The recent slide has brought DOGE to the support level near $0.14, which could be a pivotal point for a rebound.
However, the recent decline is marked by multiple weak signals. Key price levels have been broken, suggesting weaker buying interest and a technical bias toward further decline.
Indicators such as the RSI and MFI also show bearish patterns, with sellers gaining momentum in the market.
Furthermore, data from Glassnode reveals a substantial increase in short positions and a negative funding rate for DOGE futures, both of which suggest strong bets against any price recovery.
The NVT ratio, which measures the network value to transaction volume, has also risen significantly, indicating that valuation is increasing faster than usage, which could be a sign of speculation.
Many analysts believe that DOGE might find support at the $0.14 zone, a level that has held firm in past price declines. A break below this level could open the way for further weakness, with the next major support level lying at the 2023 low of $0.10.
Summing Up!
While speculation can boost coins short term, solving real issues creates lasting value. AVAX could bounce back with enough support, and DOGE might recover if sentiment improves, but both still depend on market shifts.
Web3 ai, on the other hand
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