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XAI Token Set To Break New ATH at $2 Amid 110% Rally: Technical Analyst

Published 23/02/2024, 20:00
XAI Token Set To Break New ATH at $2 Amid 110% Rally: Technical Analyst
AXS/USD
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Coin Edition -

  • XAI has gained over 13% in the last 24 hours, putting its price at $1.45.
  • On the 30-day scale, XAI has grown by 110% from a low of $0.693.
  • An analyst argued that the next target for XAI is the $2 range.

The XAI token of the Xai network gaming ecosystem has been one of the few cryptocurrencies registering notable gains amid the passive state of the market. According to CoinMarketCap data, XAI has gained over 13% in the last 24 hours, putting its price at $1.45.

Moreover, the asset’s cumulative performance over the past week amounts to over 40% gains, while Bitcoin’s seven-day rally is now at negative 2.3% at press time. And on a 30-day scale, XAI has grown by 110% from a low of $0.693 to a height of $1.486.

Considering this praiseworthy, a technical analyst has argued that XAI’s bullish momentum appears far from exhausting. In a recent post on X, an analyst, “Mags,” emphasized that the token has engineered remarkable rallies over the past few weeks. He posted a graph of XAI’s historical pattern and argued that the next target for XAI would be a new all-time high in the $2 range.

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