Cryptocurrency Price Predictions: AGIX, Aptos, and MULTI to See Major Pullbacks
• Cryptocurrency prices had a strong week as investors reacted to the FTX bankruptcy proceedings and the latest American inflation data.
• This crypto price prediction will look at what to expect with AGIX, Aptos, and MULTI.
• AGIX price prediction suggests that the token is about to have a major pullback.
The cryptocurrency market had a promising week as investors reacted positively to news of the FTX bankruptcy proceedings and the latest American inflation data. The week was significant for cryptocurrencies as the FTX bankruptcy proceedings revealed that the exchange had found more than $5 billion in liquid assets that could be sold. This news was followed by the release of data from the US Bureau of Labor Statistics showing that inflation was cooling.
As a result of this news, investors turned to the cryptocurrency market for a safe haven and the prices of various coins surged. This article will provide a cryptocurrency price prediction for three coins – AGIX, Aptos, and MULTI.
AGIX is the native token for SingularityNet, a rapidly growing AI platform built on Cardano. The AGIX crypto price surged to a high of $0.130 this week, the highest point since October 14. It has jumped by more than 253% from the lowest point in 2022. It is unclear why the token rose but a likely reason is that it was in sync with other AI-focused coins. Turning to the daily chart, we see that the token went parabolic this week. As it rose, it moved above the important resistance point at $0.072, the highest point on December 13. The coin managed to move above all moving averages and is now approaching the important resistance point at $0.136 In the same period, oscillators like the Relative Strength Index (RSI) and the MACD have all surged. Therefore, I suspect that SingularityNet’s token is about to have a major pullback. If this happens, the next key support level to watch will be at $0.10, which is about 25% below the current level.
The cryptocurrency Aptos, which is the native token of the Aptos blockchain, had a promising week as well. The Aptos crypto price surged to a high of $0.75 this week, the highest point since December 11. It has jumped by more than 35% from the lowest point in 2021. It is unclear why the token rose but a likely reason is that it was in sync with other blockchain-focused coins. Turning to the daily chart, we see that the token went parabolic this week. As it rose, it moved above the important resistance point at $0.50, the highest point on December 13. The coin managed to move above all moving averages and is now approaching the important resistance point at $0.80. In the same period, oscillators like the Relative Strength Index (RSI) and the MACD have all surged. Therefore, I suspect that Aptos’s token is about to have a major pullback. If this happens, the next key support level to watch will be at $0.65, which is about 25% below the current level.
Finally, MULTI, the native token of the MultiChain blockchain, had a strong week as well. The MULTI crypto price surged to a high of $2.01 this week, the highest point since December 8. It has jumped by more than 95% from the lowest point in 2020. It is unclear why the token rose but a likely reason is that it was in sync with other blockchain-focused coins. Turning to the daily chart, we see that the token went parabolic this week. As it rose, it moved above the important resistance point at $1.30, the highest point on December 13. The coin managed to move above all moving averages and is now approaching the important resistance point at $2.05. In the same period, oscillators like the Relative Strength Index (RSI) and the MACD have all surged. Therefore, I suspect that MultiChain’s token is about to have a major pullback. If this happens, the next key support level to watch will be at $1.75, which is about 25% below the current level.
Overall, the cryptocurrency market had a promising week as investors reacted positively to news of the FTX bankruptcy proceedings and the latest American inflation data. This article provided a cryptocurrency price prediction for three coins – AGIX, Aptos, and MULTI. AGIX price prediction suggests that the token is about to have a major pullback. Aptos price prediction suggests that the token is about to have a major pullback. And finally, MULTI price prediction suggests that the token is about to have a major pullback. Investors should keep an eye on these coins as further news develops.
