AI Companions Price Prediction: AIC is down 15%, but this PEPE 2.0 Meme Coin is soaring toward $20 million in presale.

The price of AI Companions has fallen 15% over the past 24 hours, trading at $0.08219 as of 7:45 AM EST, with volume plummeting 14% to $5 million.

AI companion price is trading in a consolidation phase

On the 4-hour timeframe, AIC/USDT is trading within a bearish channel characterized by lower highs and lower lows, indicating a short-term downtrend. This downward trend continued from late September to early October. Eventually, price often breaks out of the channel, signaling a potential reversal.

However, the price has been fluctuating around the 50 simple moving average (SMA), which acts as a dynamic resistance level. The price is currently close to $0.0886, and how the price reacts around this SMA could be important in determining the next significant price move.

AICUSDT Analysis Source: Tradingview

A strong support area around $0.08 has provided a floor for the price on several occasions. This level remains an important point for buyers to maintain. This is because a breakdown below this level could lead to further declines. On the other hand, if the price holds above this support and the 50 SMA, there is a possibility of an upward move towards the next resistance level, potentially above $0.10.

The relative strength index (RSI) is 47.72, placing the market in the neutral zone. This suggests that neither buyers nor sellers have a significant advantage, and the price of AI companions could move in either direction depending on market conditions.

A recent breakout of the bearish channel hints at a potential upside, but the price will need to maintain its position above the support area and the 50 SMA to see further bullish momentum. However, if support fails, it could be retested at levels as low as $0.06.

Pepe Unchained Storms Towards $20 Million: Will the Next Meme Coin Explode?

As AI Companions price prepares for a bullish rally, Layer 2 competitor Pepe Unchained (PEPU) raised $18.5 million through a presale, making it one of the most successful cases of the year.

Some whale activity has accelerated the fundraising surge, with the most recent purchase being for $50,000 and two others for $16,000 and $15,000.

Austin Hilton, a popular YouTuber with over 275,000 subscribers, said he was doubling his investment in PEPU by adding $10,000.

Pepe Unchained (PEPU) is the first PEPE derivative with its own proprietary blockchain, and the idea behind it is to “unchain” OG PEPE from the old, clunky blockchain.

Pepe’s development was hampered by slow transactions, high fees, and poor scalability. These challenges are what the new PEPU Network’s high-speed, low-cost, scalable Layer 2 network is designed to solve.

Pepe Unchained L2 Preview!

What we are building is not just a new chain, but an entire ecosystem.

🐸Pepe Unchained L2
🐸Block Explorer
🐸DEX
🐸Legs
🐸Advanced Analytics
🐸Builder Subsidy

Pepe Unchained is coming. And it will shake up the cryptocurrency space. pic.twitter.com/ZVnvgO6MGF

— Pepe Unchained (@pepe_unchained) September 26, 2024

Pepe Unchained is also opening its ecosystem to decentralized applications (dApps) with support from a developer grant program running this quarter.

PEPU offers an attractive Annual Percentage Yield (APY) of 117% to investors who purchase and stake the token.

The current price is $0.00995 and PEPU can be purchased using ETH, USDT, BNB or bank cards. The price will increase within 23 hours, so if you’re interested, buy it quickly.

Buy PEPU on the official website here.

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