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- 1 ArbDoge AI crypto is trading at the level of $0.000000000474 with an intraday gain of 4.00%.
- 2 The AIDOGE Price is down by almost 23.08% this week, showing weakness in the trend.
AIDOGE AI represents an exploratory venture within the Arbitrum network, eschewing traditional venture capital and team allocations. Token distribution is designed to be equitable, with a community-centric approach. The entity behind ArbDoge AI is an assembly of AI enthusiasts committed to the Arbitrum platform, aiming to collaborate with the community to forge a robust lineup of AI-enhanced Web3 offerings. The existence and progress of AIDOGE are code-dependent, with a fondness for accumulating $ARB tokens.
Technical Analysis of AIDOGE Crypto
The AIDOGE price faces intense selling pressure from the upper resistance level. The price fell 23% to the $0.0000000004716 decisional point and is currently taking support on 50 EMA. The crypto’s price can surge above the key resistance if it strikes above the short-term high.
The AIDOGE price forecast suggests that cryptocurrency has the potential to bounce back from its current position and reach the upper level. The crypto needs to attract more buyers to initiate this recovery and get the upper level on the daily chart.
The AIDOGE cryptocurrency is awaiting a solid upward momentum to move toward the bullish phase on the daily chart.
AIDOGE Crypto Volume vs Price Analysis
According to the Santiment graph, the trading volume has decreased from $99.99 million to $19.05 million in the last few days, but the price has not fallen significantly. The trading volume increased in the previous few sessions, positively affecting the price. If the trading volume declines, it may have a negative impact on the price.
AIDOGE Crypto Social Volume and Social Dominance Analysis
The social interaction and awareness around AIDOGE crypto have decreased in recent months, resulting in a price decline. However, there has been a recent increase in social dominance and trading volume, which could potentially have a positive impact on the price.
Summary
AIDOGE price analysis demonstrates the recent weakness as the price dropped below the upper resistance level. The MACD and other indicators are showing bearish cross-suggesting bearishness in the price. If the price breaks below the key moving average, more bearishness will enter the price.
Technical Levels
Support Level: $0.0000000003710.
Resistance Level: $0.0000000009255.
Disclaimer
It’s important to note that the views and opinions presented in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading stocks carries inherent risks, and readers should conduct their research before making any financial decisions.
Steefan George is a crypto and blockchain enthusiast, with a remarkable grasp on market and technology. Having a graduate degree in computer science and an MBA in BFSI, he is an excellent technology writer at The Coin Republic. He is passionate about getting a billion of the human population onto Web3. His principle is to write like “explaining to a 6-year old”, so that a layman can learn the potential of, and get benefitted from this revolutionary technology.