Dip-driven purchases rekindle bullish sentiment, pushing predicted AIXBT price upward towards $0.50 or more.
In a notable development, the cryptocurrency AIXBT, issued under the Virtuals platform, exhibits renewed signs of bullish momentum following a 25% rebound from its recent low. This preliminary surge in value has reignited speculation about potential movement towards the $0.50+ region.
On May 28, 2025, AIXBT experienced a notable surge of approximately 15%, reaching an intraday high of $0.2070, up from yesterday's intraday low of $0.1630, which represented the low point of the latest pullback. According to trading data, the charging volumetric activity increased by more than 120% over the last 24 hours, peaking at $97 million.
Significantly, the price of AIXBT is once again hovering above the EMA 20, following a sustained bullish crossover between the EMA 20 and SMA 50 for over a month.
Momentum indicators seem to be underscoring the underlying strength of the latest move, with the RSI mounting to 57, offering a steady trajectory above the midline while maintaining a safe distance from overbought territory. Moreover, the RSI has demonstrated a trend of forming successive higher lows since late April, reflecting an emerging surge in bullish momentum even during the period of sideways consolidation.
While the MACD confirms that bearish momentum has faded, a fundamental shift toward a bullish outlook has yet to materialize, with the MACD line still positioning beneath the signal line.
Moving forward, the next key resistance level is anticipated to be around $0.23-$0.24. This zone comprises the previous higher high from mid-May and several resistance points seen in late February and early March. A decisive breakout above this obstacle would stimulate further upside.
Beyond $0.24, potential targets loom at $0.32, $0.39, and $0.54, each significant levels where AIXBT has unsuccessfully attempted to recuperate during the steep downtrend from its all-time high (ATH).
Supportive zones lying below the current price level are noticeably robust. In particular, the $0.15 level has remained steadfast since early May, even as the price consolidated following the late-April breakout rally. A crack below this support zone brings the risk of further downward movement toward the $0.10 level.
Meanwhile, in related news, the cryptocurrency SUI is grappling with resistance at $4, hampered in part by the fallout from the Cetus Protocol hack that netted $223 million.
In other highlights, the Hyperliquid perps whale has made headlines with a memecoin bet on MOONPIG that earned Poloniex listing.
Considering all factors, AIXBT's current bullish momentum stems from renewed interest in AI-oriented crypto projects due to recent advancements in AI technology and an increased social media presence. However, due to high volatility and the lack of a maximum supply, it is crucial to approach investment with caution.
- The surge in AIXBT's price on May 28, reaching $0.2070, could be attributed to increased token trading on decentralized exchanges (dex) driven by crypto investors taking advantage of the renewed bullish momentum.
- The burgeoning interest in AI-oriented crypto projects, fueled by recent advancements in AI technology and increased social media presence, might have prompted the significant investment activity observed in AIXBT.
- As AIXBT continues to rally, crypto Finance enthusiasts are closely monitoring the technology behind the cryptocurrency and evaluating the potential long-term growth prospects in the AI sector.
- Caution is advised in crypto Investing, even in the bullish case of AIXBT, due to its high volatility and the absence of a maximum supply, which could lead to unpredictable price movements.
