AIXBT Soars 50% from June Lows, Sets Sights on $0.25!

From the Ashes: AIXBT's Stunning Comeback

Hang onto your hats, crypto fans! AIXBT has just rocketed over 50% from its June low, blasting past the $0.16 resistance like it was nothing and now gunning for $0.20. And guess what? It might not stop there – we're talking a potential run all the way to $0.25!

The Numbers Don't Lie

Get this: AIXBT plunged to a dismal $0.11 on June 22, but it's clawed its way back, now trading at a solid $0.17. Not only did it reclaim the 20-day EMA, but it also smashed through that stubborn $0.16 resistance – a level that had been a brick wall from early May until the mid-June crash.

Next Stop: The Moon?

So, where's AIXBT headed next? The next big challenge is at $0.20, with a smaller hurdle at $0.22 before facing the ultimate test at $0.25 – the peak it hit back in late May before the slide to $0.11. And the RSI? It's soared from around 50 to 63 in just a week, screaming bullish momentum. There's still room to run toward $0.20 and maybe even $0.22 before we hit overbought territory.

More Than Just Charts

But it's not just the technicals driving this rally. AIXBT's price surge is fueled by a string of game-changing events in Q2 and July. First up, AIXBT got listed on Binance.US in early May, opening the floodgates to the North American retail market. Then, in June, South Korea's Coinone jumped on the bandwagon, adding AIXBT to its KRW trading pairs on June 20.

Institutional Muscle

And if that wasn't enough, the big guns are getting in on the action. In June, Grayscale threw AIXBT into the ring, adding it to their list of Assets Under Consideration for their AI sector index. With this kind of institutional backing, AIXBT's future is looking brighter than ever!