The Rise of Xai Coin (XAI)
Each day, the increasing advancements in artificial intelligence technology have propelled Xai (XAI) upwards.
The announcement of OpenAI’s new video creation tool, Sora, has ignited the artificial intelligence industry. Many cryptocurrencies related to artificial intelligence have seen significant surges. Leading among these cryptocurrencies is Xai (XAI). With buyers at minor supports, the AI coin eyes a new ATH surge.
It’s very close to the ATH!
In the first days of its listing, XAI made a significant impact by soaring to $1.25 per token. However, it later experienced a decline. Nevertheless, with the ongoing frenzy in artificial intelligence, XAI has been revived. When looking at the four-hour chart, XAI forms a valid uptrend. If it maintains $0.9221 as support, it can potentially head towards $1.1435, $1.2322, $1.3757, $1.5192, and $1.6079, respectively.
AI demand drop, Bitcoin’s altcoin inertia, or new AI coins pull XAI down. In such a scenario, declines to $0.9221, $0.82, $0.7878, $0.6624, and $0.5370 can be observed, respectively. Particularly, the loss of the green box will strengthen the hands of sellers.
Note
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
