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AI16Z & AIXBT Making Bounce from Key Supports – Is the Recovery on Horizon?

AI16Z & AIXBT Making Bounce from Key Supports – Is the Recovery on Horizon?

CoinsProbeCoinsProbe2025/03/01 14:44
By:Nilesh Hembade

Date: Sat, March 01, 2025 | 09:25 AM GMT

In the cryptocurrency market, after the initial hype of AI Agents drove related tokens to massive rallies, a major correction followed in recent weeks. AI16Z and AIXBT have seen major drops of 77% and 62% in the last 30 days alongside the market downtrend.

However, after testing key support levels, both tokens are now showing signs of recovery with noticeable gains today.

AI16Z & AIXBT Making Bounce from Key Supports – Is the Recovery on Horizon? image 0 Source: Coinmarketcap

AI16Z Analysis

Back in November-December, AI16Z experienced an extraordinary rally, surging by over 1,734%, pushing its price to an all-time high of $2.49. Since then, the token has faced a sharp decline, correcting 90% and tested the crucial support around $0.26 within an ascending channel.

AI16Z & AIXBT Making Bounce from Key Supports – Is the Recovery on Horizon? image 1 AIXBT Daily Chart/Coinsprobe (Source: Tradingview)

AI16Z has shown resilience at this critical support and has now bounced to $0.39. However, the token is still testing the 25-day moving average (MA), which remains a key level to confirm a upside momentum. If AI16Z successfully clears this level, the next resistance targets are $0.62 and $1.26.

AIXBT Analysis

Similar to AI16Z, AIXBT also saw a major surge in November-December, rallying 580% to reach an all-time high of $0.96. The token then faced a prolonged correction, dropping by 82% and tested the support at $0.16 within its ascending channel.

AI16Z & AIXBT Making Bounce from Key Supports – Is the Recovery on Horizon? image 2 AIXBT Daily Chart/Coinsprobe (Source: Tradingview)

AIXBT has now shown a strong bounce from this support level, currently trading at $0.20. The MACD indicator is also displaying early bullish signals, suggesting that the downtrend might be weakening.

The first major resistance level to watch is the 25-day MA, and if the price breaks above this level, AIXBT could eye further recovery toward $0.31.

Is the Recovery on Horizon?

After a sharp correction in AI-agent tokens, AI16Z and AIXBT are now showing early signs of recovery, bouncing from their key support levels within an ascending channel.

If the tokens successfully break above their respective moving averages, they could enter a recovery phase. However, investors should remain cautious and closely monitor volume and confirmation signals before making any trading decisions.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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