Cup and Handle Pattern Breakout for SingularityNET (AGIX) Suggests a Retest of This Price First, Then a 15x Spike

TraderDT, a crypto analyst on X (@damientraore), has shared his insights on the recent price action of SingularityNET (AGIX), highlighting a significant pattern breakout and its implications for the asset’s future trajectory.

Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK?🤫

The key? Getting in early, especially during the ICO phase. Check out NuggetRush today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. Seize the opportunity with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.

Show more +

The Cup & Handle Pattern Breakout
According to TraderDT’s analysis, AGIX has successfully crossed the neckline of a cup & handle pattern, a bullish technical formation that often precedes a substantial price rally. At the time of writing (February 2024), the breakout occurred around the $0.65 level, with the price currently trading at $0.75.

While the cup & handle pattern breakout is undoubtedly a positive signal, TraderDT anticipates a potential retest and consolidation phase around the neckline area of $0.65. This scenario is common after a significant breakout, as the price often revisits the previously broken resistance level before continuing its upward trajectory.

A Potential 15x Increase
In his analysis, TraderDT boldly suggests that AGIX could experience a remarkable 15x increase from its current levels. This prediction is based on the strength of the cup & handle pattern and the historical performance of assets following such breakouts.

You may also be interested in:

Check NuggetRush ($NUGX)

Sponsored: Invest Responsibly, Do Your Own Research.
Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
A unique play-to-earn gaming platform in the memecoin market
The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
Fosters a strong community by encouraging physical meetups among members
NFT Integration with Prominent Characters
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.


Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.