Ozak AI Emerges as the New AI Token to Watch in a Shifting Market Landscape
SHIB Holds Key Support Levels but Struggles to Maintain Momentum
Shiba Inu is trading slightly above its 200-day EMA at $0.000021 after retesting its $0.000019 support level on Monday. This level coincides with its 61.8% Fibonacci retracement, a critical reversal zone drawn from its August 5 low of $0.000010 to its December 8 high of $0.000033.
The technical analysis paints a blend of both the bullish and bearish trends for SHIB. The Relative Strength Index (RSI) stands at 44, indicating mild bearish pressure, while the Moving Average Convergence Divergence (MACD) is indicated flat around zero, meaning no clear direction.
An Analysis of Dogwifhat’s Market Position
The Dogwifhat (WIF) token has witnessed aggressive selling pressure, as reflected by the Relative Strength Index (RSI) at 17.8, which indicates that the token is oversold. The Average Directional Index (ADX) has risen to 43.7, which shows that the bearish trend is strong.
The key support for $WIF is at $1.32, and a break below this level may possibly see the price drop to $1.07, which is a 30% retracement.
Ozak AI: The Rising Star in Cryptocurrency
Ozak AI, a blockchain platform that incorporates predictive AI, is still in the second round of the presale and is selling $OZ tokens at $0.002. The presale has already garnered $150,000, with 81% of tokens sold, proving the high interest of the community.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.