Aixbt By Virtuals Price Prediction: AIXBT Spirals Down Toward $0.40 as the Market Suffers from a Bearish Wave

The Aixbt By Virtuals price plunged 12% in the last 24 hours to trade at $0.4264 as of 2:00 a.m. EST on trading volume that plummeted 37% to $99.64 million.

Aixbt By Virtuals is a new project that launched in late 2024, giving users the ability to create and co-own AI Agents. The project has performed quite well since its launch in terms of price action, rising from $0.00043398 to an all-time high (ATH) at $0.6602 in only two months.

Launched in early November, the crypto traded sideways for about half of that month, only to then surge to $0.20 by Dec. 1, 2024. After seeing increased volatility throughout December, the project finally hit its ATH on Jan. 1, but it failed to breach the resistance at $0.66, which eventually resulted in its price drop. AIXBT found a solid support at $0.40 which allowed it to bounce back up, but is now once again spiraling down toward the technical safety net.

Aixbt By Virtuals Price Prediction

The token’s price has been dropping for over 24 hours, but its technical indicators suggest that it could make another attempt at recovery, similar to the one seen around six hours earlier. Of course, with the market currently suffering from a bearish wave, this would likely be just a temporary relief before the price drop resumes.

AIXBT’s Bollinger Bands have been tight in the past 24 hours, only and only started to widen once the crypto’s price saw a minor increase some six hours prior when the support at $0.45 allowed it to climb to $0.48 before the price drop continued. The bands have been slowly widening ever since, as the price drop kept pushing the lower band further down.

The price has been seeing fluctuations between the lower band and the middle point between the two bands throughout the day yesterday, but since the bands started widening again, the fluctuations only allowed the price to step away from the lower band by a small amount before returning to it, which is a bearish signal.

The reason why the price could soon see another recovery, however brief it may be, comes from the project’s Relative Strength Index (RSI). The RSI ventured deep into the overbought zone on Saturday, Jan. 11, only to then drop sharply to the neutral zone at 50.

On Sunday, Jan. 12, the crypto’s RSI slowly started spiraling deeper and deeper down as more traders kept selling, eventually dropping into the oversold zone and reaching the value of 23.51. This caused traders to move in and buy the dip, causing a sharp surge in both the RSI and price, which led the metric to the value of 66.31.

The fact that the RSI did not even touch the overbought zone, which starts at the value of 70, before it crashed back down suggests that the traders are not willing to take risks. This also suggests that they see the potential for gains in AIXBT, but are currently pessimistic regarding what the token could do in the current bearish market.

However, with the RSI now once again in the oversold zone, another wave of purchases might arrive. The only question is whether the traders will wait for the price to hit $0.40 before they make their move, or if they will react based on the RSI performance, in which case, the purchases may start at any moment now.

Promising Alternative To Aixbt By Virtuals

With the Aixbt By Virtuals price currently spiraling down toward $0.40, traders are hesitating to buy, but there are still high-potential alternatives that have much promise, and one of them is Wall Street Pepe (WEPE).

WEPE is the new Pepe alternative, which is currently still in the presale stage. However, this high-potential token became the fastest-growing ICO of 2024, and will likely be one of the biggest ICOs in 2025. The presale recently hit the $47 million milestone, with its current total sitting at over $47.27 million.

Investors are doubling down on the project due to its promise to help traders and investors by creating an insider group which only WEPE token holders will have the ability to access.

This comes from observing crypto whales, who stick to their own insider groups, where they get access to the best strategies, tools, and information for trading and investing. However, they do not share any of the information with outsiders, especially when it comes to retail investors.

WEPE found this unfair, so it started its own group for all of its token’s holders