A new altcoin that has been gaining significant momentum in the market is ai16z (AI16Z), the native token of the decentralized investment platform powered by artificial intelligence (AI). The crypto strategist known as Bluntz, who follows the Elliott Wave theory, believes that AI16Z is set for a fresh leg up after a 50% correction in a three-wave pattern.
Bluntz predicts that AI16Z is gearing up for the last leg of its larger five-wave surge, with potential to reach a new all-time high above $3. Currently trading at $1.66, AI16Z has seen a remarkable increase of around 16,190% from its low of $0.01019 back in November.
Moving on to Bitcoin (BTC), Bluntz anticipates a potential plunge to an immediate support level before completing its ABC correction and rising to a new all-time high. With Bitcoin currently trading at $94,900, the analyst notes that top callers are now out in force as the cryptocurrency nears its lows.
Another AI-powered platform catching Bluntz’s attention is aixbt by Virtuals (AIXBT), which has experienced a significant uptrend since its inception. Bluntz suggests that AIXBT is poised to rally higher to complete a five-wave pattern on the 12-hour time frame that began in December. With AIXBT trading at $0.564, the platform shows promising potential for further growth.
For those looking to stay updated on the latest market trends and price action, subscribing to email alerts and following social media platforms like X, Facebook, and Telegram can provide valuable insights. Additionally, staying informed through platforms like The Daily Hodl can help investors navigate the dynamic world of cryptocurrency trading.
As the market continues to evolve, keeping a close eye on emerging trends and expert analysis can help investors make informed decisions and capitalize on potential opportunities. Whether it’s altcoins like AI16Z and AIXBT or established cryptocurrencies like Bitcoin, staying informed and proactive is key to navigating the ever-changing landscape of the crypto market.