• Cryptocurrency prices rose this week due to news of the FTX bankruptcy proceedings and US inflation data.
• This crypto price prediction looks at what to expect with AGIX, Aptos, and MULTI. AGIX surged to a high of $0.130 this week, the highest point since October 14.
• Oscillators like the RSI and MACD suggest that a major pullback is likely, with the next key support level at $0.10.
This week saw a strong surge in cryptocurrency prices as investors reacted to news of the FTX bankruptcy proceedings and the latest US inflation data. FTX announced that it had found more than $5 billion in liquid assets to sell, while inflation data showed that the US economy is cooling. In light of this, this article will take a look at the price predictions for AGIX, Aptos, and MULTI, three promising cryptocurrencies.
AGIX is the native token for SingularityNet, a fast-growing AI platform built on Cardano. The AGIX crypto price surged to a high of $0.130 this week, the highest point since October 14. It has jumped by more than 253% from the lowest point in 2022. This surge is likely due to its alignment with other AI-focused coins. Looking at the daily chart, the token has gone parabolic this week and has moved above the important resistance point at $0.072, the highest point on December 13. Additionally, oscillators like the Relative Strength Index (RSI) and the MACD have all surged. These signals suggest that a major pullback is likely, with the next key support level to watch at $0.10, which is about 25% below the current level.
Aptos is a cryptocurrency that is designed to be a medium-of-exchange for various business transactions. Its price has been relatively stable over the past week, with the token trading at around $0.25. The token has been trading in a tight range between $0.22 and $0.27 for the past few weeks. The range is likely to continue in the short-term, though a breakout is possible if the market sentiment shifts.
MULTI is a multi-asset token built on Ethereum and designed to provide access to a range of digital assets. The token’s price surged to a high of $0.064 this week, the highest point since December 18. The token is likely to continue to rise in the near-term, with the next key resistance point at $0.072. The token is likely to continue to benefit from its alignment with other multi-asset tokens.
Overall, the cryptocurrency market is looking bullish, with prices rising in response to news of the FTX bankruptcy proceedings and US inflation data. AGIX, Aptos, and MULTI are all promising coins that are likely to benefit from the bullish sentiment. However, it is important to monitor the technical indicators in order to identify any potential pullbacks.