๐๐๐ญ ๐: ๐๐ก๐ ๐๐ ๐๐ซ๐จ๐ฉ๐ก๐๐๐ฒ (๐๐๐):๐๐๐๐๐ฑ๐ญ ๐๐ซ๐ฒ๐ฉ๐ญ๐จ๐๐ฎ๐ซ๐ซ๐๐ง๐๐ฒ ๐ญ๐จ ๐๐ฑ๐ฉ๐ฅ๐จ๐๐. $ACT could reach an average price of $2.19 by 2024.
Act I: The AI Prophecy ($ACT) has taken the crypto market by storm, surging over 60% in just 24 hours to reach $0.6485. Its trading volume skyrocketed by an impressive 293.50%, hitting $776.38 million, according to CoinMarketCap. This rapid growth was triggered by Binanceโs announcement to list $ACT, with trading set to begin on 11 November.
Before this development, $ACT was consolidating around $0.019, showing steady momentum, as noted by GeckoTerminal. The Binance listing acted as a catalyst, propelling the token above its 50-day and 200-day Simple Moving Averages (SMAs), signalling a solid bullish trend. The Relative Strength Index (RSI) currently stands at 95, indicating the token may be overbought and potentially overvalued.
Technical indicators remain positive, with the Moving Average Convergence Divergence (MACD) showing a bullish signal as the MACD line crosses above the signal line. If buying momentum continues, $ACT could break higher, with a $1.00 target for optimistic investors.
Market sentiment is overwhelmingly bullish, as reflected by a Fear & Greed Index score of 78, signalling โExtreme Greed.โ Analysts predict that if the crypto market remains favourable, $ACT could reach an average price of $2.19 by 2024. However, if conditions weaken, the tokenโs price might dip to as low as $0.39. For now, $ACTโs rise showcases its potential, but investors should watch closely for signs of market shifts or corrections.