Investors backing AIXBT express optimism about surpassing the $0.23 barrier, but question if it's achievable.
Aggressive Bull Run for AIXBT: Here's the Scoop
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Aixbt [AIXBT] is lighting up the crypto world, surging an impressive 128% over the past month and 10.5% in the last 24 hours. Not to mention, the trading volume is up by an eye-popping 51% within the same period!
Sources: Coinalyze
The boost in Open Interest from $27M to $35M on May 5 may have been the fuel for this rocket ship's takeoff. However, a hiccup in the last 12 hours has caused prices to slip by 7%.
Spot CVD, though, wasn't exactly inspiring, which raises some short-term concerns about the bull's strength.
Are We Headed Down to $0.128 Next?
 and other crypto tokens, as the bullish market could potentially drive the prices up.
- The recent surge in Aixbt's (AIXBT) trading volume constitutes a considerable increase of 51%, suggesting a growing interest in this crypto.
- Despite the impressive rally in the crypto market, the dip in Aixbt's price by 7% in the last 12 hours could indicate a short-term bearish trend.
- Financially savvy investors should closely monitor the Spot CVD of Aixbt, as its performance may affect the token's future price movements.
- If the market continues its bullish run, the price of Aixbt could potentially rise beyond the current level, moving away from the short-term concern of a possible dip down to $0.128.
