DeFI News by Thebittimes.Com

The AI Companions price has surged 31% in the last 24 hours to trade at $0.1027 as of 7:15 a.m. EST, despite a 6% drop in trading volume to $5.9 million. AI Companions Price Gears Up For A Possible Bullish Rally The AIC price over a 4-hour timeframe reveals that it is contained within a bearish channel. This channel indicates a series of lower highs and lower lows, which suggests that the market has been in a downward trend for some time. The price has established a crucial support zone around $0.1013, with several tests indicating buyers stepping in to prevent further declines. If this sustained buying pressure continues, it could potentially lead to a reversal. AICUSD Analysis Source: Tradingview The 50 Simple Moving Average (SMA), currently at approximately $0.0953, acts as a dynamic resistance level. If the price approaches this SMA, it may struggle to break through without significant momentum. Additionally, the Relative Strength Index (RSI) sits at 60.98, indicati...

Shiba Inu price prediction remains bearish, as the pair has broken through the upward trendline that has been supporting it near $0.0000106. Shiba Inu is currently gaining immediate support at a triple bottom level of $0.00001001. According to market data, Indian traders chose Shiba Inu over Bitcoin and Ethereum. Despite the country's strict tax regime, SHIB has a relatively high volume. Over the recent weeks, the Shiba Inu cryptocurrency has seen a number of milestones, including its inclusion on major platforms. On October 10, BitMEX announced they will be adding support for six new cryptocurrencies, one of which is SHIB. SHIB Becomes the Most-traded Asset on Indian Crypto Exchanges It looks like the top investors on the market, who are Indian, are buying the Shiba Inu token (SHIB), which is a well-known meme token, instead of Bitcoin or Ethereum. It has become the most liquid cryptocurrency on India's three biggest cryptocurrency exchanges, WazirX, Zebpay...