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XAI, ARB, AGIX at a Crossroads – Time to Buy, Sell, or Hold?

Published 16/01/2024, 14:30
XAI, ARB, AGIX at a Crossroads – Time to Buy, Sell, or Hold?
ARB
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  • AGIX rallies to $0.2975, eyeing a $0.31 breakout as market cap hits $365M.
  • ARB finds support at $2.09, with a 4.42% surge hinting at a potential bullish reversal towards $2.38.
  • XAI Token’s airdrop propels price to $1.16 high and market cap to $311M.

SingularityNET’s AGIX token has experienced a slight rally. After a brief dip to $0.2831, AGIX rebounded, reaching an intra-day high of $0.2975. Currently trading at $0.2913, the token reflects a 1.02% increase from its day’s low.

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

With a market capitalization of $365,894,429 and a 24-hour trading volume of $35,862,650, investors are watching to see if AGIX can break through the $0.31 resistance level. Such a breach could lead to further gains, targeting around $0.35. However, a failure to surpass this resistance might result in a consolidation or minor pullback.

Arbitrum’s (ARB) Price Trend

Arbitrum (ARB) also rallied in the last 24 hours. After retracing to $2.38, ARB found support at $2.09. From here, ARB had bounced to $2.17 at press time, a 4.42% surge from the intra-day low.

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

If ARB can reclaim $2.18 and turn it into support, it might indicate a bullish trend resumption. However, a drop below $2.09 could bring the $1.82 target into play. This scenario remains a buy-the-dip opportunity within a longer-term uptrend, assuming support levels hold. Reflecting the optimism in the ARB trend, its market capitalization and 24-hour trading volume surged by 4.53% and 15.59% to $2,762,864,906 and $663,743,257, respectively.

Xai Gaming Token’s Performance

The Xai Gaming Token has shot up following its first airdrop, now worth around $140 million. The XAI token is the token of the Xai Network, an Arbitrum-based layer-3 network built for blockchain gaming. XAI recently achieved a new all-time high of $1.17.

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

The token’s current price is $1.12, up 24.30% from the intra-day low, with a market cap of $311,444,417 and a 24-hour trading volume of $549,103,199. Following its integration with major exchanges like Binance and Crypto.com, XAI has been on an upward trajectory, raising speculation about its future price movements.

The post XAI, ARB, AGIX at a Crossroads – Time to Buy, Sell, or Hold? appeared first on Coin Edition.

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