The crypto market attempted to rebound today, September 23, as investors bought the dip and as some new catalysts emerged. Bitcoin price remained above the important support at $112,000, while the market capitalization of all coins was stuck below the important level at $4 trillion.
This article explores the top price predictions for popular coins like AI Companions (AIC), Avalanche (AVAX), and Zebec Network (ZBCN).
AI Companions price prediction
The AI Companions token was one of the best-performing coins on Tuesday as it more than doubled. It jumped to a high of $0.2920, its highest level since April 23rd and 303% above the lowest level this year.
The AIC token jumped as investors cheered the news that Nvidia was preparing a $100 billion investment in OpenAI, the creator of ChatGPT. This will make it the biggest investment in a single company ever.
The daily chart shows that the AIC token jumped and crossed the important resistance level at $0.1878, its highest level on July 31. It also moved above the Ichimoku cloud indicator, while popular oscillators like the Relative Strength Index and the MACD continued rising.
The AI Companions token has moved to the ultimate resistance level of the Murrey Math Lines at $0.2930. Therefore, the most likely scenario is where it continues rising as bulls target the extreme overshoot level of the Murrey Math Lines at $0.3418 and then resumes the downtrend, potentially to the key support at $0.1878.
Avalanche price technical analysis
Avalanche price went parabolic in the past few hours, become one of the best-performing coins in the crypto market.
AVAX jumped as Anthony Scaramucci became a strategic advisor for AVAX One, a company that has launched a $550 million digital asset treasury. This announcement came a few weeks after The Mooch announced a $300 million tokenized fund on the Avalanche network.
Scaramucci is doubling down on Avalanche. After announcing $300M in tokenized hedge funds, @Scaramucci is now the strategic advisor for AVAX One — a $550M AVAX-focused digital asset treasury alongside @HivemindCap.
Avalanche’s network has also grown robustly in the past few months, especially with its partnership with FIFA. For example, over 4.5 million people have signed into FIFA Collect, a lottery that allows them to win tickets to next year’s World Cup.
Most importantly, the total value locked in the Avalanche network has jumped to the highest level since 2022.
The daily timeframe chart shows that the AVAX price has rebounded in the past few months. This rebound was confirmed after it formed an inverse head and shoulders pattern, a common bullish reversal pattern. It has already moved above the neckline and the Ichimoku cloud.
Avalanche price has also formed a golden cross pattern as the 50-day and 200-day Exponential Moving Averages crossed each other. Therefore, the coin will likely continue rising as bulls target the psychological level at $50.
Zebec Network price technical analysis
Zebec Network has been one of the best-performing coins this year as it continued to accelerate its growth. Data shows that the network is now handling millions of dollars a month through its payroll services and debit card payments.
The ZBCN price was trading at $0.00462 on Tuesday after forming a double-bottom pattern at $0.00356. A double-bottom is one of the most popular bullish reversal patterns.
The coin is now attempting to move above the Ichimoku cloud indicator. It has also jumped above the 50-day and 100-day Exponential Moving Averages (EMA).
The coin will likely continue rising as bulls target the important resistance level at $0.006073, its highest level in August. It is up by about 30% above the current level.
The post Top crypto price predictions: AI Companions, Avalanche, Zebec Network appeared first on Invezz
