Solidus AI Tech Price Prediction: This AI Bluechip Coin Is Ready To Surge 2X

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As an experienced analyst who has navigated through the crypto market for years, I have seen my fair share of promising projects that didn’t deliver. However, when it comes to Solidus AI Tech (AITECH), I find myself intrigued and optimistic about its potential.

Over the past two days, I’ve noticed that Solidus AI Tech’s price has been trending on Coingecko, a trend that seems to have been triggered by certain key signals on its chart. As an analyst, these indicators suggest that this promising AI-bluechip coin, AITECH, might be gearing up for a significant 2X rally.

What is Solidus AI Tech?

Solidus AI Tech, known as AITECH, is a high-performance, environmentally friendly data center located in Europe. This data center operates on the Binance Smart Chain (BSC). The token associated with Solidus AI Tech, also called AITECH, represents the world’s initial deflationary decentralized network for physical infrastructure (DePIN) based on cryptocurrency.

The price of AI Technology shares stands at approximately 0.0982 USD, marking a 1.3% increase over the past 24 hours, and boasting a trading volume of around $1.6 million. In total, there are 2 billion AITECH tokens in circulation, with 1.1 billion currently being traded.

Solidus AI Tech Price Prediction: $1 By December?

The AITECH price pattern indicates a period of stabilization, with strong possibilities for a substantial price rise, as suggested by Fibonacci retracement and projection points.

At approximately $0.09947, the price currently hovers slightly above a significant support zone – the 61.8% Fibonacci retracement level, located at $0.09669. This positioning hints at a potential rebound from this area. The subsequent aim might be the 0.382 Fibonacci retracement level, around $0.10964, which could function as temporary resistance.

The primary objective, calculated utilizing Fibonacci extension, projects towards approximately $0.12017, which equates to a possible 121% increase from the retracement zone. This potential gain is derived from the 1.618 Fibonacci extension level at $0.21943.

The current price of AITECH encounters immediate hurdles around $0.10964, and a more substantial resistance lies at $0.13061 in the near future.

At the price point of $0.09669, there’s a robust area of potential support due to the 61.8% retracement level. If the price falls below this mark, it might prompt a test at $0.087 and even extend down to $0.075. Such a move would challenge the current bearish prediction.

If the price of AITECH consistently stays above $0.10964, it might initiate an upward trend reaching approximately $0.13 within the next few weeks. This rise could potentially extend further to around $0.22. In the long term, if the positive momentum continues, the stock could even soar as high as $1, making AITECH a promising investment opportunity.

AITECH Price Eyes 15% Gains In The Short-Term

On the 4-hour chart, AITECH’s price is currently trading within a sideways market, oscillating between $0.096 and $0.117. At present, there isn’t a clear directional bias, but if it breaches this range, it might indicate a shift in the trend.

At $0.105, there’s temporary price obstruction, coinciding with an area of high supply. On the other hand, $0.096 serves as a strong support point, having been challenged frequently but not breached yet, indicating that buyers are actively maintaining this price level.

If the price surpasses its current resistance of $0.105, it’s expected to aim for approximately $0.117, yielding a possible profit increase of 15.44%. This area is also where a previous resistance was established, making it a sensible point for cashing out profits.

Solidus Can Reach $1

The price of Solidus AI Tech has experienced significant increases, powered by the trend of decentralized artificial intelligence. As we approach the November 5 elections in the crypto market and Bitcoin aims for a new high at $70,000, the AITECH price might rebound from its support at $0.10 and potentially surge to $1.

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2024-10-21 14:42