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3 AI Agent Cryptos Ready for a March Comeback


3 AI Agent Cryptos Ready for a March Comeback

In the wake of a broader recovery in the cryptocurrency market, AI agent tokens are reviving investor interest and activity.

As market sentiment improves and trading volumes increase across a variety of assets, certain AI agent tokens are positioning themselves for notable gains this March. Among these tokens are Virtuals Protocol (VIRTUALS), Aixbt (AIXBT), and Ai16z (AI16Z).

Virtuals Protocol (VIRTUALS)

The native token, VIRTUAL, which powers the decentralized platform for creating and monetizing AI agents via Virtuals Protocol, is noteworthy this month. Currently trading at $0.76, the token has seen a 7% increase in value over the past 24 hours.

Examining the daily chart, the positive Balance of Power (BoP) for VIRTUAL confirms a surge in demand. As of now, the BoP indicator, which reflects the strength of buyers versus sellers, stands at 0.32.

A positive BoP indicates stronger buying pressure than selling pressure, signifying that buyers are in command and pushing VIRTUAL’s price higher.

If the upward trend persists, the token’s price could potentially rise to $1.31.

On the other hand, if a sell-off occurs, it could lead to a decline towards $0.56.

Aixbt (AIXBT)

AIXBT is another AI agent token garnering attention this March. With the recent market recovery, it has increased by 6% in the last 24 hours and currently trades at $0.12.

This price surge is matched by an impressive rise in daily trading volume, which has reached $68 million — a 33% increase.

When an asset experiences simultaneous price and trading volume increases, it is a strong indication of heightened market interest and enhanced trading activity, suggesting a bullish momentum in the AIXBT markets.

If the bullish sentiment continues, AIXBT could rise to $0.15, and a successful breakthrough of this level might drive its price up to $0.23.

However, should sellers regain the upper hand, it could drag the price down to a low of $0.09.

Ai16z (AI16Z)

AI16Z is trading at $0.20, having rebounded from a year-to-date low of $0.16 on March 11, and has since experienced a 25% increase.

The current setup of its Moving Average Convergence Divergence (MACD) suggests further short-term gains. As it stands, the MACD line (blue) is above both the signal line (yellow) and the zero line.

This specific MACD configuration allows traders to identify potential trends and price momentum. It highlights that buying activity is dominating the market, which could imply even more price increases ahead.

Increased demand could see AI16Z rise to $0.30.

If market conditions shift unfavorably, the token could revert back to a price of $0.16.

By Taha Feyz at 3 days, 6 hours ago
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