How to achieve 100x gains in encrypted currency: Expert Strategies | Flash news details

On March 15, 2023, at 14:30 UTC, the cryptocurrency market witnessed an important event when the distinctive AI-SINARICLARITYNET (AGIX) increased by 15 % during a 24-hour period, with a price of $ 0.35 per code (Source: Coinmarkcap). This increase arose by announcing a new partnership between Singularitynet and the leading Amnesty International Research Foundation, which aims to enhance the capabilities of the platform’s artificial intelligence (Source: Excessive Official Code). At the same time, AGIX trading volume increased by 40 %, with a total of $ 50 million in the same time frame (Source: Coingecko). Not only did this event affect AGIX, but also had a ripple effect on other prosecution symbols such as Fetch.ai (Fet) and the ocean (ocean) protocol, which witnessed 8 % and 5 % gains, respectively (Source: CryptocCOMPare). The broader market, including Bitcoin (BTC) and ETHEREUM (ETH), remained relatively stable, where BTC is trading at $ 24,500 and ETH at $ 1,600 (Source: Binance). This event emphasizes the increasing influence of artificial intelligence developments in the cryptocurrency market, especially in the place of distinctive symbols of artificial intelligence.
The effects of multi -faceted Agix translation. First, the increase in trading volume and price movement indicates an increase in interest in the distinctive symbols of AI, which may lead to an increase in liquidity and volatility in this sector (Source: TradingView). Traders looking to benefit from this trend may think of entering long locations in Agix, Fet and Ocean, especially given their last performance. However, the relationship between Agix and major encrypted currencies like BTC and ETH is still low, with the correlation coefficient 0.15 and 0.20 respectively during the past month (Source: Cryptoquant). This indicates that the organized symbols of the organization may provide diversification advantages for the encryption portfolios. In addition, the scales on the AGIX series show a significant increase in active addresses, an increase of 25 % since the announcement, indicating an increase in the user’s participation (Source: ETHERSCAN). This may be a bullish sign for merchants, indicating a constant interest in the distinctive symbol.
From the perspective of technical analysis, AGIX price erupted on March 15, 2023, above the moving average for 50 days, indicating a potential upward trend (Source: Tradingview). The RSI (RSI) index of Agix 65, indicates that the symbol had not yet shown despite the recent increase (Source: Coinigy). The average trading volume of AGIX on the main stock exchanges such as Binance and Kucoin 1.5 million icons per hour during the peak of the mutation (Source: Coingecko). This large size, in addition to increasing prices, indicates the interest of the strong market and the possibility of more progressive movement. In terms of trading pairs, AGIX/USDT witnessed the highest level, followed by Agix/BTC and Agix/ETH, with sizes of $ 30 million, $ 10 million, and $ 5 million, respectively (Source: Binance). These data points provide merchants that can be implemented in the market dynamics surrounding the symbols of artificial intelligence.
The relationship between the developments of artificial intelligence and the cryptocurrency market has become increasingly clear. The increase in Agix emerges after the partnership announces how artificial intelligence news can directly affect the prices of the distinctive symbol and trading sizes. This event also affected feelings about other artificial intelligence symbols, as it appears in FES and Ocean price movements. The change of the AI’s trading volume, with a 40 % increase to AGIX, indicates that artificial intelligence news can lead to large market movements. Traders must closely monitor the developments of artificial intelligence, as they can provide unique trading opportunities in the artificial intelligence crossover/encryption. The low relationship with major cryptocurrencies such as BTC and ETH indicates that the distinctive AI symbols can serve as a hedge against the broader market movements, providing potential diversification benefits to the encryption portfolios.
Instructions:
What caused the singular (AGIX) on March 15, 2023? The increase in Agix arose by announcing a new partnership with the leading Amnesty International Research Foundation, aimed at enhancing the capabilities of the platform’s artificial intelligence.
How did this event affect other symbols related to the prosecution? It also witnessed 8 % and 5 % gains, respectively, after increasing AGIX.
What are the trading effects of this event? Traders may consider entering into long positions on symbols of artificial intelligence such as Agix and FES and the ocean due to increased interest and liquidity in this sector. The low association with the main cryptocurrencies indicates the benefits of possible diversification.
What are the technical indicators that support the ups of Agix? Agix collapsed over the moving average for 50 days, and RSI reached 65 years, indicating a potential upward trend without outperforming its peak.
How can artificial intelligence developments affect the cryptocurrency market? Artificial intelligence developments can directly affect the prices of the distinctive symbol and trading sizes, as it appears with Agix Armge. They can also affect market morale and provide unique trading opportunities in the artificial intelligence crossover/encryption.
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