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AIXBT Eyes $0.50 Target as Bullish Momentum Resurges with Dip-Buying Activity
AIXBT Eyes $0.50 Target as Bullish Momentum Resurges with Dip-Buying Activity
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AIXBT News -
AIXBT price is displaying renewed bullish momentum following a 25% rebound from recent lows, with technical indicators pointing toward a potential rally to the $0.50+ zone. The cryptocurrency surged from an intraday low of $0.1630 to $0.2070, supported by a 120% spike in 24-hour trading volume to $97 million.
Technical analysis strengthens the bullish outlook. The price currently holds above the EMA 20, while the bullish crossover between the EMA 20 and SMA 50 remains unbroken for over a month. Momentum continues building as the RSI climbs to 57, staying firmly above the midline and avoiding overbought conditions. Notably, the RSI has formed consecutive higher lows, signaling accelerating upward momentum.
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