AI16Z Price Jumps 36% as AI Coins Rebound from Correction | Airdrop Alert Pro

AI16Z’s price has increased an impressive 36% in the past 24 hours, pushing its market capitalization to $1.4 billion and solidifying its position as the second-largest crypto AI proxy token, behind VIRTUAL. This surge has drawn attention as technical indicators point to both opportunities and risks in its price trajectory.

Although relative strength index Indicating that momentum is returning, the DMI hints at a potential uptrend and the EMA lines show that bullish confirmation is still forming. The upcoming session will determine whether AI16Z can sustain this momentum and challenge key resistance levels or face a potential pullback.

AI16Z RSI is recovering from oversold levels

AI16Z The RSI climbed sharply from 28.8 to 52.4 in just one day, indicating that momentum has shifted significantly from oversold territory to neutral territory. The rapid growth highlights growing buying interest following a period of heavy selling, suggesting bearish pressure is easing.

Current RSI levels reflect a balanced market where neither buyers nor sellers dominate, but the upward trajectory suggests bullish sentiment is strengthening.

RSI (Relative Strength Index) measures the speed and magnitude of price movements on a scale from 0 to 100. Levels below 30 indicate oversold conditions and often signal a potential price rebound, while levels above 70 indicate overbought conditions and a pullback may occur.

and AI16Z With an RSI of 52.4, the asset is in neutral territory and slightly bullish. This could mean further price recovery is possible, but continued momentum will be crucial to transition into a stronger bullish phase. Conversely, failure to maintain upward momentum could lead to consolidation or renewed selling pressure.

DMI chart shows AI16Z is attempting an uptrend

AI16Z The DMI chart shows that its ADX has fallen to 25.6 from 32.5 yesterday, indicating a decrease in overall trend strength. While ADX above 25 usually indicates that the market is in trend, a decline in ADX indicates that the current trend is losing momentum.

However, ADX is still above the critical threshold, which means the trend is still there, albeit weaker than before.

ADX (Average Directional Index) measures the strength of a trend but does not indicate its direction. Values ​​below 20 indicate a weak or non-existent trend, while values ​​above 25 indicate a strong trend. In the case of AI16Z, +DI, representing bullish pressure, has risen from 14 to 23.7, reflecting increasing buying momentum Artificial Intelligence Coin Try to revive the recent strong correction.

At the same time, -DI, ​​which represents bearish pressure, has dropped significantly from 34.7 to 21, indicating that the selling pressure has eased. This shift means buyers are taking control and if ADX stabilizes or rises, AI16Z price may confirm an upward trend. However, if ADX continues to fall, it may indicate consolidation rather than a strong upward trend.

AI16Z Price Prediction: EMA lines may signal next steps

The AI16Z price chart shows that its short-term EMA line remains below the long-term EMA line, which usually indicates bearish momentum. However, the upward movement of these lines indicates an attempt to establish an uptrend.

If this uptrend materializes, AI16Z price may test the next resistance level at $1.39. A successful move above this level could open the door for further gains, potentially pushing the price towards $1.74. This may happen soon Narrate About Crypto AI Agent restored.

On the other hand, if the upward trend fails to be established, AI16Z price A pullback is likely to test support at $0.98.

If this support is broken, the price could drop to $0.75, leading to further losses.