$XAI **XAI Cryptocurrency Analysis: October 2024**
Currently priced at **£0.2145**, XAI has experienced a significant downturn, losing over **50%** of its value in the last month and down about **16%** over the past week. The bearish sentiment is evident as most technical indicators are signaling a sell position.
The project's focus on integrating blockchain technology with gaming and facilitating in-game item trading has potential, yet the recent price drop raises concerns about its short-term viability.
**Price Prediction**: XAI may struggle to maintain its current levels, with forecasts suggesting it could range between **£0.069** and **£0.326** in the coming months. A target price of **£0.10** could be realistic if bearish momentum continues, while a return to **£0.30** may be possible if market conditions improve.
Overall, the outlook appears bearish for now.