XYRO Price Pumps 14% As This AI Pepe ICO Raises Over $6M

The XYRO price surged over 14% in the last 24 hours to trade at $0.01990 as of 6:22 a.m. EST as investors go long on the altcoin.

Along with the recent pump by the XYRO price, the altcoin has also emerged as the top trending crypto asset on CoinMarketCap.

XYRO Price Forms A Bullish Channel On The Hourly Chart

1-hour chart for XYRO/USD (Source: GeckoTerminal)

The XYRO price has printed a series of higher highs and higher lows on the 1-hour chart, resulting in the formation of an ascending price channel, GeckoTerminal data shows. Should the altcoin continue to trade within this positive range, XYRO might soon flip the resistance at $0.02007 into support before potentially rising to as high as $0.02233.

On the other hand, a sudden selloff could lead to a drop below the lower boundary of the ascending price channel. The XYRO price might then test the immediate support level at $0.01800. A break below this technical safety net could then trigger some panic selling from traders, resulting in a price drop to as low as $0.01650.

Technicals Suggest The XYRO Price Could Rise Some More

Looking at technical indicators on the hourly chart, it seems bulls are still in control of the XYRO price, but the altcoin’s momentum appears to have cooled off in recent hours. Traders and investors will want to keep an eye on the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI).

Over the last couple of hours, the RSI underwent a slight dip. Despite this drop, the indicator’s readings have started to rise and stand in the low 60s. This suggests that there is still room for the crypto to climb before it reaches overbought territory. Additionally, the positive slope of the RSI suggests increasing buyer strength.

Meanwhile, the MACD line is positioned above the MACD Signal line. Traders often see this alignment as a sign that an asset is in a positive trend. In the last couple of hours, however, the MACD Histogram has levelled off, which could indicate that XYRO’s momentum has stalled somewhat.

As the XYRO price tries to keep its bullish move going, investors are flocking to the presale for new AI meme coin MIND of Pepe (MIND). 

Several experts have stepped forward to share their bullish predictions for the project. An analyst from the 99Bitcoins YouTube channel, which has over 721K subscribers, is among the experts who anticipate great things for the meme coin’s future.

In a recent video, the analyst said that the opportunity to invest in MIND early “is too good to pass up.”

The First AI Derivative Of A Major Meme Coin Brand

MIND of Pepe is the latest PEPE spinoff looking to leverage the popular meme coin brand to accelerate its market traction. To maximize its chances of success, MIND positions itself as the first AI derivative of PEPE.

Central to the project is an intelligent AI agent. This sophisticated computer model plugs into social platforms such as X, Discord and others to try and identify emerging crypto trends that could lead to profitable trade opportunities.

When the agent spots promising trends, it shares its insights with the MIND of Pepe community through token-gated channels.

Not only can the AI agent be on the lookout for developing trends, it is also able to influence the narrative by interacting with traders, investors and influencers online.

MIND Of Pepe Raises Over $6 Million In Presale – Best Crypto To Buy Now?

MIND of Pepe has already raised over $6 million during its ongoing presale stage. Another part of its appeal is the 383% annual return that’s available for investors who stake their MIND tokens.

Selling for $0.0033188, MIND can be bought with ETH, BNB, USDT or bank card. Interested investors should buy before a price hike in less than 38 hours.

Visti MIND here. 

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