Sender AI (ASI) is at the edge as it holds strong capability to breakout soon, according to observations revealed today by market analyst TIGER. Sender AI (ASI) is an AI crypto asset powering the Sender Network, an AI protocol designed to power decentralized applications in Web3 with intelligence from agents.
Earlier today, ASI saw a notable surge in value, with a 31.74% peak increase seen in the past 24 hours, making it one of the top crypto gainers in the cryptocurrency market today. As indicated by CoinGecko data, ASI is currently trading at $0.001589, displaying a strong upward momentum of 18.65% today at the time of writing.
ASI Set to Reverse Downtrend
The rebound noted today attracted market attention from the analyst. Looking further back, the ASI price has been down. Its price has been down 0.5%, 16.5%, and 18.6% over the past seven days, two weeks, and one month, respectively, indicating a downtrend, which is a reflection of the broader downward trend currently being noticed in the larger crypto market.
The figures of the ASI price falls are interesting as they are decreasing (as indicated in the data above), showing a gradually decreasing selling pressure in the market. According to the analyst’s observation, buyers are stepping into the market with control, an indicator of a building token accumulation rather than exhaustion. As per the analyst, ASI is ready for a breakout and is forming a strong base around the $0.001235 region, which has been functioning as a well-established support zone.
As pointed out by the analyst, the rise of the ASI price is not just an occasional activity. Technical analysis shows that the asset has broken out of the handle portion of the cup-and-handle pattern, a formation that traditionally indicates an upcoming long-term upward trend.
Secondly, on-chain metrics show that buyer interest is developing, and a massive 110% increase in ASI’s trading volume noticed today (according to data from CoinMarketCap) indicates early token accumulation.
ASI is currently trading at $0.001589, displaying a robust rebound after holding support around $0.001235. The bounce shows that buyers are reentering the market, defending crucial support levels, and shifting the downtrend into an upside momentum.
The current price of Sender AI is $0.001589.Sender Network Gearing Up
Increasing trading volume (as indicated above by the CoinMarketCap metrics) shows that the Sender AI network is gaining market attention among Web3 users, suggesting rising capital inflows as long-term investors are positioning themselves in the market.
The developing momentum signals that Sender AI stands apart due to its practical intelligence solutions that impact the way users take advantage of decentralized applications in the Web3 landscape.
The records show that ASI is among the top AI crypto tokens, such as Bittensor (TAO), Near Protocol (NEAR), Internet Computer (ICP), and others that are quietly shaking up investor portfolios and redefining the rules of financial gains.
Source: https://blockchainreporter.net/asi-near-key-breakout-that-primes-to-set-the-next-market-rally-as-buyers-gaining-control-analyst/
