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iDEGEN hits public shelves with momentum as crypto prices crash

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Bitcoin dump

AI meme crypto market has grown to a market cap of $2.4 billion, and iDEGEN is set to take its rightful position on the table. After three months in the presale stage, it has hit the public shelves with the same viral momentum. 

Its early adopters are set to continue reaping big from the project as the uncensored AI agent revolutionizes the crypto space. In addition to the 300,000% gains already locked in, its value may surge by at least 10X in coming months. This is despite the selling pressure current felt across the crypto majors.

Ripple price chart pattern hints at further selling pressure in the short term

After trading steadily above the support zone of $2.5000 in the past one week, Ripple price has plunged by about 16% since Monday. Similar to other crypto majors, the altcoin is under pressure as extreme fear grips the broader market. 

A look at its daily chart points to the formation of a bearish death cross pattern as the short-term 25-day EMA crosses the 50-day EMA to the downside. In the near term, the range between $2.0000 and $2.3357 is worth watching. For a firm trend reversal, the bulls will need to gather enough momentum to rebreak the resistance at $2.5500.

XRP Price
XRP Price

iDEGEN debuts on Raydium with the same viral momentum

iDEGEN has hit the public shelves as promised; ending the three-month-long presale. It has debuted on Raydium, a Solana-based DEX and is set to also list on BitMart on 4th March.

What started on a blank slate ready to learn from the crypto degens on X has grown into an ultra-popular AI crypto with the potential to compete with other AI meme coins like AI16Z, Hamster Kombat, and Fartcoin. 

In three months, it has managed to raise $25 million. This has been made possible by its aggressive community, apt timing, and booming AI crypto market. If the presale is anything to go by, its viral momentum is set to yield growth of atleast 10X in the coming months. At its last stage price of $0.038, its early adopters are already enjoying returns of upto 300,000%. 

Bitcoin spot ETF records streak of outflows as tariff jitters persist

Bitcoin price

Concerns over the impact that Trump’s trade policies will have on the US economy have triggered a shift in the market sentiment. Compared to last week’s neutral level of 49, the crypto fear & greed index is now at an extreme fear level of 10. 

With the resultant plunge in Bitcoin price, Bitcoin spot ETFs have seen persistent outflows as its institutional demand falls. According to SoSoValue, Bitcoin spot ETFs recorded daily total outflows of $754.53 million on Wednesday. Notably, the trend has been on for 7 sessions in a row. 

On its daily chart, the bearish death cross pattern points to continued selling pressure in the short term. At its current level, the bulls will be keen on defending the support at $81,600. A subsequent correction may have it rebound past $85,000 to find resistance at $90,000. 

   

 



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Crypto AI Agents Market Shows Mixed Signals Amid New Launches

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Crypto AI agents are showing mixed signals as the top 10 coins in this sector display varied performance. While some, like VIRTUAL, AI16Z, and AIXBT, have posted gains in the last seven days, others, including FAI and TRAC, continue to decline.

Despite this, Solana and Base remain dominant, accounting for 98% of the crypto AI agents market cap. Although the sector’s market cap is up 24.74% in the last 24 hours, it is still recovering from a significant correction over the past 30 days.

The Top 10 Crypto AI Agents Coins Show Mixed Signals

The top 10 biggest crypto AI agents coins are showing mixed signals. Some, such as VIRTUAL, AI16Z, and AIXBT, have experienced gains in the last seven days, while others are still in a downtrend, like FAI, which is down 28%, and TRAC, down 19%.

Despite the varied performance, Solana and Base continue to dominate the sector, accounting for 98% of the crypto AI agents market cap.

Top 10 AI Agent Tokens and their Price, Price Change (1hr), Price Change (24hrs), Price Change (7D), 24hrs Volume, and Market Cap.
Top 10 AI Agent Tokens and their Price, Price Change (1hr), Price Change (24hrs), Price Change (7D), 24hrs Volume, and Market Cap. Source: CoinGecko.

Although the overall market cap of crypto AI agents is up 24.74% in the last 24 hours, the sector is still struggling to recover from the steep correction over the past 30 days.

According to CookieFun, the total market cap of crypto AI agents coins stands at $7.62 billion, with none of them surpassing $1 billion individually. This reflects the severe impact of the recent correction, particularly considering that VIRTUAL alone had a market cap of $4.6 billion on January 1, 2025.

VIRTUAL Is Still Struggling to Recover

VIRTUAL remains the most influential crypto AI agents coin, significantly shaping the narrative around the sector. It is down nearly 44% over the last 30 days but has gained almost 9% in the past seven days, hinting at a possible rebound among crypto AI agents coins.

However, despite announcing its expansion to Solana and launching Virtuals Ventures, its ecosystem fund, VIRTUAL has struggled to regain its earlier momentum.

VIRTUAL Price Chart.
VIRTUAL Price Chart. Source: TradingView.

As seen with other AI coins, users are becoming more cautious about projects that rely on buzzwords like “artificial intelligence” or “AI agents” without clear utility. In contrast, AI coins targeting specific niche use cases have shown growth recently, indicating that while the AI coin narrative is still alive, it is no longer as dominant as it was a few months ago.

If VIRTUAL can regain positive momentum, it could test the resistance at $1.37 and potentially rise to $1.63. However, if the close support at $1.09 is tested and lost, it could drop to $0.93.

New Crypto AI Agents Launches Are Growing Again

After a brief period of stability, the number of crypto AI agents coins launched is on the rise again, increasing from 1,436 on January 28 to 1,488 on February 27.

This renewed growth signals a resurgence of interest and confidence in the crypto AI agents narrative. The continued launch of new coins reflects strong innovation and excitement within the sector, suggesting that the momentum behind AI-driven crypto solutions is far from over.

Crypto AI Agents Smart Engagement.
Crypto AI Agents Smart Engagement. Source: cookie.fun.

This uptick in new launches could positively impact the entire sector by driving further adoption and expanding the ecosystem. As more projects enter the space, it could attract new investors and users, fostering greater liquidity and market activity.

The growing number of coins also indicates that the narrative could be becoming less about the hype and more about real utility, with fresh ideas and use cases emerging to push the industry forward.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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ETH Accelerates Losses Amid Market Turmoil

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Este artículo también está disponible en español.

Ethereum price started a fresh decline from the $2,350 resistance zone. ETH is now consolidating losses and might extend losses toward the $2,000 support.

  • Ethereum is facing an increase in selling below the $2,350 zone.
  • The price is trading below $2,250 and the 100-hourly Simple Moving Average.
  • There is a key bearish trend line forming with resistance at $2,260 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could start a decent recovery wave if it settles above $2,250 and $2,350.

Ethereum Price Dips Further

Ethereum price failed to clear the $2,450 resistance zone and started a fresh decline, like Bitcoin. ETH gained pace below the $2,350 and $2,320 support levels to move further in a bearish zone.

The price declined over 5% and even traded below the $2,220 support zone. A low was formed at $2,123 and the price is now consolidating losses. It is showing many bearish signs below the 23.6% Fib retracement level of the downward wave from the $2,520 swing high to the $2,123 low.

Ethereum price is now trading below $2,250 and the 100-hourly Simple Moving Average. There is also a key bearish trend line forming with resistance at $2,260 on the hourly chart of ETH/USD.

On the upside, the price seems to be facing hurdles near the $2,220 level. The first major resistance is near the $2,250 level or the trend line and the 50% Fib retracement level of the downward wave from the $2,520 swing high to the $2,123 low.

Ethereum Price
Source: ETHUSD on TradingView.com

The main resistance is now forming near $2,350. A clear move above the $2,360 resistance might send the price toward the $2,450 resistance. An upside break above the $2,450 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,500 resistance zone or even $2,550 in the near term.

More Losses In ETH?

If Ethereum fails to clear the $2,250 resistance, it could start another decline. Initial support on the downside is near the $2,120 level. The first major support sits near the $2,050 zone.

A clear move below the $2,050 support might push the price toward the $2,000 support. Any more losses might send the price toward the $1,880 support level in the near term. The next key support sits at $1,750.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is gaining momentum in the bearish zone.

Hourly RSIThe RSI for ETH/USD is now below the 50 zone.

Major Support Level – $2,120

Major Resistance Level – $2,260



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Pi Network (PI) Might See a Major Price Correction Soon

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Pi Network (PI) is perhaps the most hyped altcoin of 2025. Its price has skyrocketed more than 200% in the last seven days, almost touching $3 in the last few days. Despite this impressive rally, technical indicators suggest that the uptrend may be losing momentum.

The DMI shows that buyers are still in control, but the narrowing gap between the +DI and -DI signals weakening bullish pressure. Meanwhile, PI’s RSI has cooled off from extreme overbought levels, and its EMA lines hint at a potential trend reversal, putting its bullish outlook at risk.

PI DMI Shows Buyers Are Still In Control, But This Could Change Soon

PI’s DMI chart shows that its ADX is currently at 37.6, after surging from 9 to 62.7 between yesterday and today. The Average Directional Index (ADX) measures the strength of a trend without indicating its direction.

It ranges from 0 to 100, with values above 25 signaling a strong trend and values below 20 suggesting a weak or non-trending market.

PI DMI.
PI DMI. Source: TradingView.

PI’s +DI is at 23.6, down from 57 yesterday, indicating weakening bullish pressure. The -DI has risen to 20 from 1, showing an increase in bearish sentiment.

Despite this shift, the +DI remains above the -DI, confirming that PI is still in an uptrend. However, the narrowing gap between the directional indicators suggests that the uptrend is losing strength. If the +DI continues to decline and crosses below the -DI, it could signal the beginning of a trend reversal.

Pi Network RSI Is Back to Neutral After Staying In Overbought Levels

PI’s RSI is currently at 52.2, after reaching an extreme high of 95 yesterday and staying above 70 for several hours on February 26. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements, ranging from 0 to 100.

Values above 70 indicate overbought conditions, suggesting that the asset may be overvalued and due for a pullback, while values below 30 indicate oversold conditions, signaling potential for a price rebound.

An RSI between 30 and 70 is generally considered neutral, with no strong directional bias.

PI RSI.
PI RSI. Source: TradingView.

PI’s RSI dropping to 52.2 after staying above 70 and peaking at 95 suggests that the intense buying pressure has cooled off. This decline reflects a loss of bullish momentum and may indicate that PI is entering a consolidation phase.

The sharp pullback from extreme overbought levels suggests that profit-taking is occurring, increasing the likelihood of a temporary price correction.

However, as the RSI is now in the neutral zone, the next price movement will depend on whether buying interest resumes or selling pressure continues to build.

Pi Network Could Correct By 68% Soon

PI’s EMA lines remain bullish, with short-term lines above long-term ones, indicating that the uptrend is still intact. However, the recent movement suggests that this uptrend could be losing momentum, as confirmed by the latest DMI and RSI values.

PI continues to be one of the most hyped coins in the market, making headlines repeatedly. Recently, Moonrock Capital CEO Simon Dedic Alleges Wash Trading in Pi Network. Before that, the coin surged after Florida Businesses Started Accepting PI Coins.

The weakening buying pressure and rising bearish sentiment indicate a potential shift in the positive market sentiment of the last days. If the EMA lines continue to converge, it could signal an impending trend reversal, putting PI’s bullish outlook at risk.

PI Price Analysis.
PI Price Analysis. Source: TradingView.

If PI can regain the strength of its uptrend, it could rise to test levels above $3 for the first time, possibly reaching $3.5.

However, if the trend reverses, the PI price could test support at $1.69. If this level is lost, it could continue to decline to $1.42. If even that support fails, Pi Network could drop as low as $0.8, marking a significant 68% correction.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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