#SingularityNET price experienced a significant drop amidst recent market correction, falling from its peak of $1.13 on May 22nd to $0.46, marking a 58% decline.
The coin found strong support at an ascending trendline established since October 2023.
This dynamic support has facilitated the formation of a new higher low in $AGIX price, suggesting continued accumulation by buyers during market dips.
A bullish trend could emerge if the current support level holds, contingent upon the price reclaiming the critical resistance level at $0.77.
According to Coingabbar Prediction, These levels are crucial as they could provide a foundation for AGIX to surpass the $1 mark once again.
KEY LEVELS :
RESISTANCE LEVEL : $0.8700-$1.1500
SUPPORT LEVEL : $0.4500-$0.2000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.