#AI Technical Analysis in a Daily Timeframe

11 Eyl

Hello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.

Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.

Now, let’s dive into this chart analysis:

AI is approaching a crucial point where it must break above the resistance trendline and the 50 EMA to continue its bullish rally.

The $0.343 support trendline is critical for AI to hold, as a breakdown and close below this level could lead to a drop toward the lower support trendline.

On the bullish side, AI is targeting $1.27, a 270% rally from the support, but it first needs to break above the resistance.

Key levels:

- Primary Support: $0.343.
- Primary Resistance: 50 EMA & Resistance Trendline ($0.41-$0.44).
- Invalidation: A close below the $0.343 support.
- Bullish Move: A close above the resistance trendline.

DYOR. NFA.

Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!

Thank you!

#PEACE