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- 1 At press time, AimBot AI price was hovering near 5.22 USD, recording a swift intraday gain of 1.34%.
- 2 Recent sessions saw a continuous decline in the AIMBOT price after suffering rejection from the 50-day EMA.
The AimBot AI price extended its journey towards the lower side from the very start of this week and has dropped near the weekly low value in the last four sessions. The bears hold the grip of the short-term trend as the price erased the gains in the later session of the previous week.
Moreover, the crypto made a breakdown after the bulls failed to break higher above the 50-day exponential moving average after a short-term consolidation. The breakdown below the lower zone of consolidation at the $5.5 level indicated the strong will of sellers to push the price to the lower side.
Furthermore, the bulls tried to make a comeback in the later sessions of the previous week and recovered some of the losses. However, the gains have been trimmed off in the earlier sessions of this week, and AimBot AI crypto may drop more if it breaks below the most recent demand zone.
Can Bulls Defend the Demand Zone?
The bulls have already lost partial trend control when the AIMBOT price broke below the lower consolidation range. The bulls have one more chance to defend as the price still hovers higher than the recent demand and previous swing low of the $3.8 level.
The $3.8 level might be the last defending zone for the bulls. Fresh downside moves may be observed on the charts if the price breaks below the $3.8 level.
AimBot AI Crypto Volume Analysis
Moreover, the volume analysis shows that the AIMBOT cryptocurrency has received $86.310 K in volume, which is 29.16% less than the previous day.
It has a live market capitalization of $5.043 Million. The volume-to-market capitalization is 1.71%, indicating low volatility in the crypto. It has a circulating supply of 1 Million AIMBOT tokens, which is also the total supply.
AimBot AI Price Indicator Analysis
AimBot AI crypto suffered rejection from the 50-day EMA and dropped, suggesting a bearish trend prevailing in the short term.
When writing, the MACD line was hovering at -0.016 and the signal line at -0.104 points. Both the MACD line and signal line have made a bearish crossover, suggesting a negative outlook in the short term.
AimBot AI Price Prediction March 2024
The short-term outlook seems bearish, which may drive the price to lower levels. The most pessimistic view of our analysts is that the price should break below the recent demand zone of $3.8 and create a new swing low.
AimBot AI Crypto Price Prediction 2024
On the most bullish observation of our analysts, AimBot AI cryptocurrency could gain a high of $9.205 in the year 2024. On the flip side, the most pessimistic view of our analysts is for the price to reach $7.46.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
