ChainOpera AI (COAI) has become the latest headline-grabber in the crypto and AI sectors, following an extraordinary sequence of gains and losses that has left traders both stunned and intrigued.
The cryptocurrency’s price movements have been nothing short of spectacular — soaring 13,500% since launch, hitting an all-time high of $43.81 on October 12, and then plunging nearly 90% before regaining its footing with a 132% rebound.
With the AI sector heating up again and COAI leading the charge, investors are now asking the same question: what comes next for this volatile but promising asset?
AI revival fuels COAI’s comeback
After pulling back from its all-time high reached on October 12, COAI’s price has today bounced back 132%, closely tied to a renewed wave of optimism sweeping through the AI crypto sector.
Notably, the broader AI market has rebounded by 5.66% to $31.9 billion, lifting tokens with strong AI utility narratives.
ChainOpera AI stands, climbing 132% briefly touching $22.35 before consolidating around $15.41 at press time.
Notably, ChainOpera AI’s surge outpaced the broader crypto market, which rose just 2.3% during the same period.
Part of this recovery stems from COAI’s strong presence in the BNB Chain ecosystem.
As BNB’s price jumped past $1,300 and daily active users on the chain crossed 3.5 million, liquidity and user traffic surged.
COAI, being one of BNB Chain’s flagship AI infrastructure projects, naturally absorbed a large share of this renewed market energy.
Derivatives frenzy adds to COAI’s firepower
Following COAI’s resurgence, its perpetual futures market open interest has jumped 161% to $194 million, signalling heavy speculation and leveraged positioning.
Derivatives volume has also surged to $2.31 billion, as traders on BNB-based exchanges poured in to capitalise on price swings.
While this influx of leveraged positions boosted short-term momentum, it also introduced elevated volatility risks.
Liquidations of bearish positions added fuel to the rally, but analysts warn that such setups can reverse quickly.
A break below $9.80, the October 14 low, could invalidate the current bullish structure and trigger cascading liquidations.
For now, the Relative Strength Index at 64.68 still indicates room for upside, with resistance looming near $17.70 and $21 as the next key targets.
ChainOpera AI price forecast
ChainOpera AI’s path mirrors the rhythm of the current market — driven by innovation, speculation, and shifting sentiment.
Its 132% rally underscores strong buying momentum and the revival of AI-driven narratives, but the 90% post-ATH crash is a reminder of how quickly tides can turn.
If buying pressure remains firm and the AI sector continues its uptrend, COAI could challenge the $21 mark in the short term and potentially retest its previous highs.
However, while momentum indicators such as the MACD and RSI show strength, analysts note that consolidation within the current ascending channel is likely before any sustainable breakout occurs.
If bears overpower bulls, a dip below $9.80 would likely mark the end of the current rebound and open the door to a deeper correction.
The post ChainOpera AI (COAI) price forecast after a 132% surge and 90% pullback appeared first on Invezz
