- AIXBT jumped over 50% from its June 22 low of $0.11, reaching $0.17 and reclaiming critical resistance at $0.16.
- Technical indicators show bullish momentum, with the RSI climbing to 63 and price targeting $0.20 and $0.25 resistance levels.
- Listings on Binance. US and Coinone, plus Grayscale’s interest, have driven renewed investor attention and trading activity.
AIXBT has recorded a sharp recovery, climbing over 50% from its June 22 low of $0.11 to reach $0.17. The recent uptrend marks a clear reversal from its previous decline and brings renewed focus to the token’s technical performance. A crucial level at $0.16, which acted as resistance since early May, has now been decisively breached.
The rally has pushed AIXBT above its 20-day exponential moving average, signaling growing short-term strength. Momentum indicators have also confirmed the shift. The S&P Relative Strength Index (RSI) of 50 improved to 63 in the last week and is not in overbought mode. Market observers are now hoping and expecting a further bullish fall in the direction of the next resistance levels at 0.20 and 0.22.
$0.25 Level in Focus as Major Barrier
Beyond $0.22, the major price hurdle remains $0.25. This level was previously the local high in late May before AIXBT dropped to its June low. A sustained move past $0.20 could open the path to retesting that peak. With the current trajectory holding, market interest is likely to intensify as the token approaches that psychological level.
The price rebound aligns with notable developments in exchange access. In early May, AIXBT was listed on Binance.US, improving its liquidity and availability in North America. The listing helped increase retail participation and trading volume. Further momentum arrived in June, when South Korea’s Coinone added AIXBT to its KRW trading pairs on June 20, expanding its presence in the Asian market.
Institutional Attention Adds to Sentiment
Institutional recognition has also played a role in AIXBT’s renewed market traction. Grayscale, a prominent digital asset manager, included AIXBT in its Assets Under Consideration list for its AI-focused investment index. This move added credibility to the project and may have encouraged increased speculative interest from larger investors.
