AIOZ sees a 178% monthly surge, but profit-taking hints at a short-term dip before a potential rally. Chart analysis reveals key support levels for recovery.
has been among the top-performing crypto assets recently, recording a remarkable 178.45% price surge within a single month. Market activity remains robust, signaling that bullish sentiment persists.
According to AMBCrypto’s analysis, while the current positive returns are noteworthy, a slight correction may precede a more pronounced upswing, setting the stage for another potential high.Spot traders have begun taking profits on AIOZ following its impressive market performance. The asset’s market capitalization rose by 16.08% to $1.34 billion, while trading volume increased by $166.60 million after a 71.13% gain per CoinMarketCap.
One indicator of profit-taking is a rise in Exchange Netflow, where significant amounts of an asset are transferred from wallets to exchanges in preparation for sales. At the time of writing, over $1 million worth of AIOZ has been moved to exchanges within the past 24 hours.Such actions, which increase asset supply, often result in price declines unless offset by rising demand. According to AMBCrypto, if this trend continues, AIOZ could test its next support level.
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Ovechkin ties NHL record by scoring on 178 different goalies before leaving with apparent leg injurySALT LAKE CITY (AP) — Capitals forward Alex Ovechkin tied one NHL record in his pursuit of another before leaving during the third period with an apparent left leg injury.
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