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SingularityNET (AGIX) Hits 7-Day High on Merger Announcement, Indicator Foresee Bull Rally


by CoinEdition

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  • AGIX’s price hits a 7-day high at $1.39, up 28% over the month amid merger news.
  • AGIX volume surges by 97.27%, and the market cap reaches $1.78 billion.
  • Bollinger bands widen on the AGIX chart, signaling increased volatility.

Since the news of a merger of SingularityNET (AGIX), Fetch.ai (FET), and Ocean Protocol (OCEAN) into AltSignals (ASI) Token, which would have a diluted valuation of $7.5 billion, AGIX has been on a positive surge. As a result, the AGIX bullish momentum regained strength, sending the price to a 7-day high of $1.39 after finding support at an intra-day low of $1.20. At press time, AGIX was trading at $1.39, up 7.98% in the prior 24 hours and 28% in the previous month.

If the positive momentum breaks over the $1.39 resistance, the next resistance levels to watch for are $1.50 and $1.60, as investors continue to believe in the potential of AltSignals (ASI) Token. However, if the price fails to break over $1.39, there may be a brief pullback down to the $1.20 support level before trying another positive rise.

AGIX/USD 24-hour price chart (source: CoinStats)

During the rise, AGIX’s market capitalization and 24-hour trading volume increas…

The post SingularityNET (AGIX) Hits 7-Day High on Merger Announcement, Indicator Foresee Bull Rally appeared first on Coin Edition.

Read the article at CoinEdition

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SingularityNET (AGIX) Hits 7-Day High on Merger Announcement, Indicator Foresee Bull Rally


by CoinEdition

Share:

  • AGIX’s price hits a 7-day high at $1.39, up 28% over the month amid merger news.
  • AGIX volume surges by 97.27%, and the market cap reaches $1.78 billion.
  • Bollinger bands widen on the AGIX chart, signaling increased volatility.

Since the news of a merger of SingularityNET (AGIX), Fetch.ai (FET), and Ocean Protocol (OCEAN) into AltSignals (ASI) Token, which would have a diluted valuation of $7.5 billion, AGIX has been on a positive surge. As a result, the AGIX bullish momentum regained strength, sending the price to a 7-day high of $1.39 after finding support at an intra-day low of $1.20. At press time, AGIX was trading at $1.39, up 7.98% in the prior 24 hours and 28% in the previous month.

If the positive momentum breaks over the $1.39 resistance, the next resistance levels to watch for are $1.50 and $1.60, as investors continue to believe in the potential of AltSignals (ASI) Token. However, if the price fails to break over $1.39, there may be a brief pullback down to the $1.20 support level before trying another positive rise.

AGIX/USD 24-hour price chart (source: CoinStats)

During the rise, AGIX’s market capitalization and 24-hour trading volume increas…

The post SingularityNET (AGIX) Hits 7-Day High on Merger Announcement, Indicator Foresee Bull Rally appeared first on Coin Edition.

Read the article at CoinEdition

Share:

Share:

Read More

Ethereum bounces off $3K despite ETF bleed: Are ETH bulls stepping into a trap?

Ethereum bounces off $3K despite ETF bleed: Are ETH bulls stepping into a trap?

Is Ethereum's latest bounce just another fake-out?
Zcash Long-Term Holder Cobie Reaffirms Commitment

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Cobie declares his long-standing investment in Zcash, highlighting old holders' exper...