Sonic Price Prediction: S Surges 20% As Experts Say This AI Pepe Hybrid Might Be The Best Crypto To Buy Now

The Sonic price surged 20% in the last 24 hours to trade at $0.8933 as of 02:31 a.m. EST on trading volume that rose 77% to $758 million.

The S price has been up 38% in the last month, coming after it was rebranded from Fantom (FTM) on Jan. 16. This rebranding was done as part of an initiative set to improve transaction speed and finality.

Sonic Price Shows A Bullish Breakout From Rounded Bottom Formation

The 4-hour chart of the S price presents a rounded bottom pattern, a classic bullish reversal structure. This pattern indicates a gradual shift from a downtrend to an uptrend as selling pressure decreases and buyers gain control.

The breakout above the neckline resistance around $0.80 – $0.89 confirms the pattern, signaling strong upward momentum. The Sonic price has surged past this key level, triggering a bullish breakout.

Meanwhile, the 50 Simple Moving Average (SMA) on the 4-hour chart at $0.6120 and the 200 SMA at $0.5287 shows a bullish crossover, according to GeckoTerminal data. 

The price of Sonic is significantly above both moving averages, further reinforcing the bullish sentiment.

The Relative Strength Index (RSI) is at 76.38, indicating overbought conditions. This suggests that the asset has experienced rapid buying momentum, and a temporary pullback or consolidation could occur before further upside.

Meanwhile, the Moving Average Convergence Divergence (MACD) line (blue) is above the signal line (orange), showing strong bullish momentum. The histogram is in positive territory, reflecting sustained buying interest.

Sonic Price Chart Analysis Source: GeckoTerminal
S/USDT Chart Analysis Source: GeckoTerminal

S Price Prediction

Given the confirmed breakout, the price is expected to target the 1.30 – 1.35 range, aligning with the projected 51.60% move from the breakout point.

However, due to the overbought RSI, there might be a short-term pullback or consolidation before further upside. Traders should watch for potential retests of the $0.80 – $0.89 neckline, which could serve as new support before another upward move.

Meanwhile, investors are rushing to buy a new AI agent crypto called MIND of Pepe (MIND). 99Bitcoins, a popular crypto channel on YouTube with over 724K subscribers, says MIND has the potential to become the best AI agent crypto of 2025.

MIND Of Pepe Presale Hurtling Towards The $7 Million Mark

MIND of Pepe continues to grow, as its presale has now reached $6.6 million, showing strong demand.

The MIND of Pepe AI agent combines the skills of a key opinion leader, on-chain trader, and token developer in one system. It functions like an entire team within a single agent.

This AI starts by using social media. It runs its own X account, gathering data and posting tweets to attract an audience. The agent then applies “hive mind” Analysis, learning from collected data and spotting trends before they become widely known.

Holders of MIND tokens gain early access to these insights through a private Telegram community, giving them a market advantage. 

MIND holders also have the opportunity to stake their tokens for a stratospheric 343% annual percentage yield (APY).

Currently, MIND tokens are priced at $0.0033722 and can be bought with either crypto or bank cards via the easy-to-use widget embedded on the project’s website. 

Interested investors should buy MIND before a price hike in 39 hours.

Related News:

  • Strategy Founder Michael Saylor Urges US To Buy 20% Of BTC Supply Worth $393B
  • Bitwise CIO Backs ”Index-Based Approach” For Crypto ETFs
  • SOL Plunges 11% As This Layer-2 Meme Coin ICO Goes Parabolic 

Comments

Post a Comment

Popular posts from this blog

Cardano: Analyst Predicts Timeline When ADA May Hit The Ambitious $2 Mark Cardano: Analyst Predicts Timeline When ADA May Hit The Ambitious $2 Mark

Image
Despite working hard on expanding its ecosystem, Cardano (ADA) has yet to encounter the bullish momentum of the market. The token is currently trading at a modest price level of $0.43, unable to break past barriers despite having market support. However, ADA is poised to undergo a radical fork upgrade, which is fueling hopes for its price to catapult and reach new highs. Dubbed the Chang Hard Fork, the deployment date is speculated to be set for July 2024, after which ADA may usher in a new price, ATH. Also Read: Cardano ( ADA ) To Spike $5.50 After Chang Fork Update? This Analyst Think So ADA To $2: How? Source: Finbold Per a notable crypto analyst, Sssebi on X, the Chang Hard Fork deployment is set to play a crucial role in determining the future price of Cardano. The fork deployment ushers in governance-centric options for the ADA community to explore. This will entail having a tailored approach to carving the future path of Cardano, which will involve active co...
Read more

AI forecasts XRP price for the end of 2023

Image
The legal uncertainties surrounding XRP delve into a complex web of regulatory challenges, particularly in the context of  Ripple‘s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).  This legal tussle revolves around the SEC’s assertion that XRP qualifies as a security, a classification vehemently contested by Ripple. The intricacies of this dispute not only impact XRP’s current market standing but also project a shadow of uncertainty over its future trajectory. The outcome of this legal skirmish in 2024 holds profound implications for XRP’s regulatory standing and, consequently, its market dynamics. Investors and market participants are closely monitoring these legal proceedings, as the resolution could potentially influence not only XRP’s valuation but also set precedent for the broader cryptocurrency landscape in terms of regulatory clarity. As we navigate towards the conclusive quarter of the year, Finbold has sought insig...
Read more

Dogecoin Price Prediction: DOGE Soars 171% In A Month, But Experts Say This Vote-To-Earn Meme Coin Might Be The Best Crypto To Buy Now

Image
The Dogecoin price soared 171% in the last month and 2% in the last 24 hours to trade at $0.4389 as of 11:40 p.m. EST on trading volume that climbed 40% to $11.3 billion. Dogecoin Price Gearing Up For A Bullish Rally Continuation After a parabolic surge in the Dogecoin price in November, DOGE has now consolidated within the $0.44 range, according to data from GeckoTerminal . The range has allowed the price of Dogecoin to form a double bottom pattern, which could still push DOGE further above. To add to the general bullish outlook, the Dogecoin price still trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which now act as the immediate support levels. Meanwhile, the Relative Strength Index (RSI) is at 62 and climbing, which suggests there is still room for upward price action without the asset being considered overbought. The Moving Average Convergence Divergence (MACD) is also suggesting a continued upward trajectory, as the blue MACD line crosses above the o...
Read more