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.
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