After displaying a bearish price movement since the beginning of the month, the price of the AGIX cryptocurrency showed strong upward price movement this week with an increase of up to 24.55% in the past 24 hours.

Furthermore, the altcoin has risen by 35.02% over the past two days, highlighting the growing positive impact.

The SMA technical indicator displays a positive crossover in the 1D time frame, indicating increased buying and selling pressure for the AGIX cryptocurrency in the market.

On the other hand, the Relative Strength Index (RSI) recorded a sharp rise below the oversold range, highlighting the increasing bullish sentiment in the cryptocurrency space.

Moreover, the average is showing bullish convergence, which indicates that the price will continue to gain value this week.

If AI coins continue to enjoy a positive impact from the cryptocurrency market, the AGIX coin price will prepare to test its $1 high next time.

However, if investors start taking profits, AGIX price will fall towards the lower support level of $0.380.

$AGIX