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AI Companions (AICUSD) Potential for a Bullish Continuation

Johnathon Fox
10/24/2024 | UPDATED ON: 10/24/2024

AI Companions (AICUSD) Price Forecast: October 24

AICUSD has the potential for a bullish continuation as the coin trades above the supply trend levels, driving it to new heights. The nearest resistance of the crypto is between levels $0.100 to $0.101. Therefore, if the bulls can push higher, the crucial resistance level at $0.149 might be retested and extend to a $0.155 upper resistance level, suggesting a realistic target for investors.

Key Levels:
Resistance Levels: $0.100, $0.101, $0.102
Support Levels: $0.088, $0.087, $0.086

AIC (USD) Long-term Trend: Bullish (4H Chart)

AI Companions indicates an upward trend and has the potential for a bullish continuation as the bulls remain on top of the market in its long-term perspective.
AI Companions (AICUSD) Potential for a Bullish Continuation
The coin is trading above the EMA-50, indicating a bullish trend. However, the market is presently facing upper resistance at the recent high.

The increase in the momentum by the bulls at the $0.096 supply value in the past action has enabled the AICUSD price to stabilize its potential for bullish continuation and stay strong above the resistance lines in its recent high.

The bulls’ action increases the crypto price to a $0.101 resistance level above the moving average even as the 4-hour session opens today, suggesting a bullish continuation sentiment.

Thus, additional strength by the long investors could push the AI Companions price to its all-time high of $0.149, resulting in a high recovery for the coin traders.

Next is the fact that the AICUSD market is pointing upwards on the daily stochastic, indicating the potential for bullish continuation might remain intact, drawing more buy traders to the market for a bullish continuation pattern.

If that occurs, the price could climb towards a $0.155 upper high level, adding to the bullish continuation pattern in the future in its long-term outlook.

AIC (USD) Medium-term Trend: Bullish (1H Chart)

In the medium-term time frame, the AI Companions suggest the price has a potential for bullish continuation as it remains above the supply levels, giving buyers the tendency to influence the price actions.
AI Companions (AICUSD) Potential for a Bullish Continuation
Today, the AICUSD price at the $0.101 high level is above the two moving averages; therefore, if the bulls increase their tension in the market, the price tendency will rise above the key levels, as the pair shows potential for bullish continuation.

In addition, the coin is facing upward on the daily stochastic; more buyers’ participation is a prerequisite at the moment. We expect the price to reach the $0.155 upper resistance value amid sustained buying pressure in the coming days in its medium time frame.

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
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