ChainGPT Price Prediction: CGPT Climbs 2% As This PEPE 2.0 Meme Coin Charges Towards $12 Million
The ChainGPT price jumped 2% in the last 24 hours to trade at $0.1176 as of 00:53 a.m. EST, with trading volume soaring 6% to $4 million.
ChainGPT Price Could Rebound, Aiming For A Sustained Rally
After hitting a monthly high of $0.148, the ChainGPT price has been in a downtrend, trading within a falling channel pattern, according to data from GeckoTerminal .
The trend has caused the price of ChainGPT to plunge below both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the bearish trend.
Moreover, the Relative Strength Index (RSI) seems to be dropping from the 50-midline level, currently at 44, which indicates that sellers have the upper hand.
If the selling continues, the price of ChainGPT could plunge further to the $0.0990 support zone, acting as a cushion against downward pressure.
However, the Moving Average Convergence Divergence (MACD) is trading towards the neutral line, indicating that CGPT is on positive momentum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ChatGPT Says XRP Will Trade At This Price By January 31, 2025
Elon Musk’s Grok Says Cardano (ADA) Will Trade At This Price On January 31, 2025
BlockDAG’s Refer & Earn Program: Unlimited USDT Cashbacks for $30 Purchases! Explore TON & AVAX Prices Trends
Cosmos, Cardano, and Litecoin Poised for Explosive Moves in January