The price of AIXBT, the native token of the Virtuals ecosystem, is on the move again — climbing nearly 20% in the past 24 hours and currently trading around $0.19. With momentum building, traders are now watching closely as bulls aim to break above the key resistance level at $0.21.
Why $0.21 Matters for AIXBT
This $0.21 level isn’t just a random number. It marks the local high AIXBT reached on May 1, which capped off a powerful rally that started on April 23. That rally saw AIXBT surge from $0.10 to $0.21 — a stunning 110% gain after months of sideways trading between $0.06 and $0.10.
Today’s fresh move up is a bullish attempt to continue that breakout trend and establish a new uptrend. However, if the token gets rejected again at $0.21, we may see a pullback or some consolidation just below that resistance.
Technical Indicators Stay Bullish — But With Caution
- RSI (Relative Strength Index) is currently at 64, which means AIXBT is gaining strength but not yet in the overbought zone. It’s still below the high RSI reading of 78 seen on May 1, which triggered a brief cooldown in price.
- MACD is still showing a bullish signal, with the MACD line above the signal line. However, shrinking green bars on the histogram suggest that buying pressure may be slowing down.
- The price is trading above both the 20 EMA and 50 SMA, with a bullish crossover confirmed on April 27 — a classic sign of trend reversal.
What’s Next for AIXBT?
If bulls succeed in pushing past $0.21, the next major price target is $0.25, a key level where AIXBT previously consolidated in February. If momentum stays strong, $0.30 could also come into play — though that level is considered less significant in terms of resistance.
AIXBT is showing strong signs of a bullish continuation, but all eyes are now on the $0.21 breakout level. A successful push above this price could reignite the rally and bring new highs into focus for traders.
