Reploy Price Soars And This Might Be The Next Crypto to Explode

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The Reploy price soared 1,639% in the past 24 hours to trade at $1.2129 as of 01:34 a.m. EST on trading volume that surged to $8.51 million.

RAI is based on Reploy AI, a crypto project that promises to transform how people build, deploy, and manage smart contracts in Web3 and comes as the first AI project on the Ethereum ecosystem.

Reploy Price Could Still Soar

The Reploy price chart analysis on the 5-minute timeframe shows a significant upward price movement, followed by a period of consolidation. The price of Reploy surged from sub-$0.50 levels to over $1.60 in a strong parabolic rally, driven by increased trading volume. This sharp rally indicates heightened buying pressure.

Currently, the RAI price is consolidating within an ascending triangle pattern, a bullish continuation pattern. The horizontal resistance level is around $1.60, with higher lows forming along the ascending trendline. This pattern suggests that buyers are steadily gaining control, and a breakout above the $1.60 resistance is likely to trigger another leg upward.

The Relative Strength Index (RSI) stands at 56.34, which is in the neutral-bullish zone. After briefly entering the overbought zone (above 70) during the rally, the RSI has cooled down, allowing room for another potential upward move without indicating overbought conditions.

The ascending triangle formation suggests that the Reploy price is likely to break out to the upside if the $1.60 resistance level is breached. The measured move from the triangle’s base (approximately $0.50 to $1.60) projects a potential price target of around $2.20.

Reploy Price Chart Analysis Source: Dextools — RAIUSD Chart Analysis Source: Dextools

However, if the breakout does not occur, the RAI price could retrace to test support levels around $1.10 (trendline support) or further down near $1.00 in case of a deeper pullback.

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Wall Street Pepe Presale Amasses Over $35 Million—Next Crypto To Explode?

The Wall Street Pepe presale is making records even during the crypto market slump, raking in over $35 million since launch about three weeks ago and showing no signs of slowing down.

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