SingularityNET at support?Looks like SingularityNET is at a support level. Ready to go for more upside. Let me know what you think!!
AGIXUSDT_4BB092 trade ideas
SingularityNET / AGIX & AISingularityNET price today is $0.2 with a 24hour trading volume of 100 million dollar. AGIX price is up 8% in the last 24 hours and 330% up since last two weeks
but what is SingularityNET and why its pumping this hard? It is a blockchain powered platform that allows anybody to easily create, share, and monetize AI services through the SingularityNET marketplace, users can browse, test and purchase a huge variety of AI services using the platform’s native utility token AGIX. Moreover, the marketplace represents an outlet AI developers can use to publish and sell their AI tools, and easily track their performance.
SingularityNET was founded by Dr. Ben Goertzel in addition to Simone Giacomelli and Dr. David Hanson. the platform was first announced in 2017 and completed an initial coin offering in December the same year, raising $36 million in just one minute because no one know AI better than Dr.Goertzel also Jack Dorsey is one of the investors as well.
Agix and Fet pumped after Microsoft announced plans to invest in OpenA and Agix trading volume has surged 550% after that
0.17 was a good opportunity for scalpers to long and now its one the most important support levels. If you managed to buy it at 0.07$ take some profit too
Cloud indicator been garbage on AGIXBut I still think it has great potential as FETCH, Not much else to say about it really. YOLO
AGIX USDTAGIX price bounced from a weekly support zone (Green) $0.5583 - $0.5766 and now on resistance at $0.6080.
If the price breaks above this resistance we could see a massive upward movement in it and the price will reach the next daily resistance zone (Blue) at $0.66951 - $0.7261.If the momentum continues we will see price to the next level and zone.
If the price rejects from the $0.6080 level and the weekly support zone (Green) fails to hold it we might see the price to the daily support zone (Yellow) at $0.4439 - $0.4439.
According to our analysis, the price of AGIX will bounce from here to the next daily resistance zone (Blue).
Everything is on the chart. Remember always use stop loss to secure your capital
SingularityNET (AGIX) - 40% correction??On the above 4 day chart price action has risen 800% since last October. A number of reasons now exist to be short, including:
1) Price action support has failed.
2) Regular bearish divergence. This negative divergence can also be found on the BTC pair of the token (below).
3) Price action is following the Gaussian channel after a strong rally as shown on the daily chart below. This is bearish. If you notice price action entering the channel it is very likely to test the lower side of the channel, currently a 40% correction away.
Is it possible price action continues up? Sure.
Is it probable? No
Ww
AGIX.BTC negative divergence
Gaussian channel support
AGIX Weekly AnalysisAGIX has emerged as the top gainer of the week with a remarkable 27% surge following the announcement of the merger date for FET, AGIX, and OCEAN into the ASI token. AGIX experienced a significant correction, dropping to $0.4702 on June 18, which coincided with its demand zone. However, the price quickly rebounded after the merger news. AGIX is showing bullish momentum with strong candles leading the AI sector. The next resistance levels to watch are $0.9025 and $1.0920. On the daily and weekly timeframes, the oscillators are neutral. Moving averages indicate a bullish trend on the daily timeframe, but on the weekly timeframe, both oscillators and moving averages are neutral. While technical indicators provide insights, the imminent release of ASI tokens in a few weeks suggests focusing more on the merger news and its impact.
AGIX: Technical Analysis and Price UpdateHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
AGIX/USDT is showcasing a potential breakout indicating a crucial point for traders to monitor. The price is currently trading at $0.7165, experiencing a significant upward movement of +8.38%.
Key Technical Indicators:
~ Support: $0.5599, which aligns with the lower boundary of the ascending trendline starting from November 2023.
~ Resistance: Immediate resistance is noted around $0.7760, and further up, a critical resistance zone lies between $1.4043 and $1.4105, marked in yellow.
~ Moving Averages: The 50-day moving average (blue line) is acting as dynamic resistance, currently intersecting with the price action, indicating potential consolidation or a breakout scenario.
~ MACD Analysis: The MACD histogram shows decreasing bearish momentum, with the MACD line approaching a bullish crossover with the signal line. This suggests a potential shift towards a bullish trend in the near term.
Entry Range: $0.53 to $0.56.
Targets:
- T1: $0.803
- T2: $0.928
- T3: $1.06
- T4: $1.14
- T5: $1.21
- T6: $1.41
DYOR. NFA.
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AGIX Price the price action signifies a trend reversal and buyer accumulation activity was spotted.
This week, the AGIX token took support around its trendline of $0.4500 and witnessed a sharp recovery.
AGIXUSDT(SingularityNet) Daily tf Range Updated till 25-06-24AGIXUSDT(SingularityNet) Daily timeframe range. it had a retrace back close to 0.7509. it needs a little bit more volume for to break over 0.7509 clean which can later lead to 0.9955. local retrace point is at 0.4835.
AGIXUSDT Alert: Major Breakout Could Signal Strong Bullish Move!Yello, Paradisers! Did you see our recent prediction about #AGIXUSDT breaking above its resistance? Well, it just happened! Let's dive into what this means for your trading strategy.
💎#AGIX has successfully broken above the resistance zone at $0.6903, indicating a significant bullish potential. If AGIX holds this level, we could see a robust bullish movement. If the price maintains its momentum at this new support, there's a high probability of a bullish ride towards the next resistance zone at $0.9280.
💎Should #AGIX break above $0.9280, the next target is the subsequent resistance zone. Conversely, if the price fails to sustain momentum at the current support, we expect a potential bullish rebound from the lower demand zone around $0.6288.
💎Staying vigilant is crucial. Keep a close eye on AGIX's price movements. A breakdown below the $0.6288 demand area, confirmed by a daily closure, would challenge our bullish outlook and could lead to further declines.
It's essential to remain patient and disciplined. Strive for consistent profitability by waiting for the best, highest probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
$AGIX for Short Term targetAfter we buy CRYPTOCAP:ADA , now we buy AI coins in the Cardano Ecosystem = SEED_DONKEYDAN_MARKET_CAP:AGIX
My buy zone at purple area with 1st target $1.8 - $2.23
SEED_DONKEYDAN_MARKET_CAP:AGIX will run together with NYSE:FET and MIL:OCEAN 👍
AGIX PriceThe SingularityNET (AGIX) token has formed a bullish engulfing candlestick at the bottom and jumped over 40% in the last three trading sessions, conveying the signs of trend reversal.
Technical AnalysisThe currency has entered the accumulation phase, but from a technical point of view, it will have an increase of more than 100%.
AGIXUSDTAGIXUSDT is in bullish trend.
Printing HH and HL.
Bullish divergence also form in RSI.
We did,t wait for the breakout we buy at CMP.
Agix is low price After forming a compression and completing its model goals, the price has formed a full-fledged context, which has now moved as much as the main compression log and is in its support areas, and by seeing the confirmation candle in its time, we can enter the swing trade.
SingularityNET (AGIX): Sell-off far from overOn the 12-hour chart for AGIX, we’ve observed a significant rise from $0.22 at the beginning of the year to $1.47. Following this peak, the coin experienced a notable sell-off, testing but failing to break above the previous high. This decline brought us to our assumed Wave II, which stabilized around the level of Wave (4). Wave (4) is situated at approximately $0.594, which also coincides with the level of Wave (1) further left on the chart. This area has proven to be a strong support level. Since stabilizing, AGIX has been trading within a trend channel.
We see a potential scenario where AGIX might lose the support of the trend channel, leading to a retest of the High Volume Node Edge and the Point of Control. This retest could provide a foundation before any significant move towards $1.47.
Given the current market structure, we do not anticipate an easy breakout above $1.47 for AGIX without a retest. Therefore, we expect a pullback to between $0.75 and $0.67. After this retest, our target remains $1.47, but we will conduct a more detailed entry once the trend channel is broken.
The Liquidation Heatmap for AGIX provides additional insights into potential market movements. The heatmap reveals significant liquidation levels around the $0.748 mark. This concentration of liquidations suggests that the market might dip to this level to clear out these positions.
The presence of these liquidations adds weight to our expectation of a pullback to the $0.75 to $0.67 range. Clearing out these liquidations can provide a stronger foundation for an upward move.
In addition to the previously mentioned support levels, the heatmap reinforces the importance of these areas. The market often targets zones with high liquidation levels to reset positions and gather momentum for the next significant move. Therefore, we should be prepared for a potential dip to these levels before any substantial upward trend resumes.
On the quarterly VWAP chart, AGIX is trading within the range between the 2024 Q1 VAH (Volume-Weighted Average Price High) and the 2024 Q1 VWAP. We have tested the 2024 Q1 VAH multiple times, even briefly exceeding it twice, but we have consistently fallen back below this level.
The key question now is whether we will test this level again. If we do, it is possible that we might retest it. However, we believe the momentum and volume might be too strong to sustain another push above this level. Simultaneously, we are holding and respecting the current quarter's VAL (Volume-Weighted Average Price Low).
If we lose this support, it would likely be significant, potentially leading to a drop to the 2024 Q1 VWAP at around $0.72. This scenario aligns with our analysis from the liquidation heatmap and the 12-hour chart, supporting the idea of a pullback to lower levels before any substantial upward move.
In summary, while the possibility of retesting the 2024 Q1 VAH exists, losing the current quarter's VAL would likely confirm a move down to the $0.72 level.
On the 4-hour chart for AGIX, we have been trading in a range between the High-Volume Node Edge at $0.85 and $1.12 since mid-April. The Point-of-Control (POC) at $0.97 has frequently acted as both support and resistance. We expect this range-bound movement to continue. The key question is whether we will retest the supply level or the High-Volume Node Edge. This will require breaking above the POC.
Another possibility is losing the demand level and using it as a demand breaker to fulfill our future limit orders before moving higher. If we flip the supply level, our bearish scenario would be invalidated. However, if the supply holds, we might see another drop before any significant upward movement.
In summary, we expect continued ranging between $0.85 and $1.12. The next move will depend on whether we break above the POC or lose the demand level. Flipping the supply level would invalidate the bearish outlook, while holding the supply could lead to another dip.
You won't believe how much AGIX is bearishThe AGIX correction has started from where we entered "start" on the chart.
According to the time of the waves, the AGIX correction is similar to a diametric.
It seems that we are now in wave f of D. After the completion of wave D microwaves, it is expected to enter wave E.
Wave E is a bear wave.
The main target is the green box.
Closing a daily candle below the invalidation level caused a violation of the autohead analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
AGIX UPDATE (6H)This is an update to the analysis you see in the "Related Ideas" section
Note: The previous analytical scenario has expired.
We are biased only on the capital of our users and our own capital, and we are not biased on the analysis, and if we find out that an analysis is wrong, we will publish an update (although nothing is certain in the financial market).
The timing of the previous waves was wrong.
By checking the time of the waves, it is better to consider this scenario for AGIX and look for buy/long on the green range for now.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
A good buy for SingularityNETAGIX seems to have formed a triangle on the weekly chart. AI should be the ultimate winner in this altcoin season.
#TOBTC #LQR #AGIX in Daily Time frame we got a UP channel which is important for price to keep stay on it
however break down channel will lead price to those Daily Support Price
those fibo level are reachable after Break up Resistance upon Red rectangle
Always DYOR!
NVIDIA Earnings May 21 - Will Crypto AI Narrative AGIX Heat Up?Back in Feb 22, 2024 NVIDIA AI chipmaker reported Q4 2023 earnings per share of $5.16 with a posted revenue of $22.1 billion higher than expected. Biggest crypto AI narratives AGIX gained 37%.
Now the biggest question is: "Will AGIX token will lead the crypto market as NVIDIA is going to report earnings of Q1, 2024?"
YES , there is HIGH probability of greater reporting earnings by NVIDIA for Q1, 2024. The fact that Taiwan Semiconductor (TSMC) AI chipmaker Q1 earnings came in higher ($7.3 billion) suggests Nvidia’s could reveal the same.
Trade Setups with TP, SL and Entry is shown in the chart.
Good Luck!!!
AGIXUSD 1DAGIX ~ Updated
#AGIX Successfully breaking through the Resistance line of this pattern, This indicates that the Bulls will soon dominate from here.
