Xai Price Prediction: XAI Rises 4% as GameFi Presales Surpass $7 Million

adminJanuary 19, 2024

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Xai price rose 4% in the last 24 hours. Traded for $1.03 As of 8:14 PM ET, trading volume had surged 26% to $335 million.

XAI price maintains bullish momentum and trades within pennant

Xai price chart analysis. Source: Tradingview.com — XAIUSD chart analysis. Source: Tradingview.com

XAI price indicates bullish momentum as the bulls found an anchor platform at the $0.57 support level, pushing the price up to the resistance level of $1.23 and forming a bullish pennant indicating continuation of the bullish trend.

Despite the price falling from the $1.23 resistance level, which is the upper border of the bullish pennant, it is currently just below the 50 simple moving average (SMA).

Considering that the price is currently trading above the 200 SMA, a bounce is likely to occur at the lower border of the pennant.

Moreover, the golden cross at $0.62 confirms the overall bullish momentum of the Xai price.

Although in a downward trend, the Relative Strength Index is showing signs of a rebound at 39 below the midline of 50. If the bullish momentum continues, RSI could push beyond the 50 neutral point and towards the 70 overbought level, indicating strong buying pressure.

XAI Price Prediction: Bulls target $1.52 above the pennant.

The general trend for XAI is a bullish bias, with the bullseye targeting a 60% increase from the current price to $1.52.

Conversely, if the bearish momentum continues, there is a risk that the price could reach the 200 SMA, which coincides with the pennant’s lower limit of $0.98. A violation of this important support level could further prolong the downtrend.

Meanwhile, many investors are putting money into the Meme Kombat GameFi project as traders look for favorable entry positions into XAI.

Meme Kombat exceeds $7 million in pre-sales, soft cap expected at $8 million

combat memes We’ve raised over $7 million in pre-sales and can now reach our soft cap of $8 million.

We reached an incredible milestone by raising $7 million. $MK Ticketing! 🎉
Congratulations everyone! Now let’s come together and get to $8 million and get closer to our goal! 🚀😋 pic.twitter.com/mh0yb8A0Pk
— Meme Kombat (@Meme_Kombat) January 18, 2024

The Meme Kombat team has set a hard cap of $10 million, and the price will remain at $0.279 per token until the $10 million hard cap is achieved.

$MK It is showing tremendous growth and has an overwhelming lead. #memecoin space. Seize the opportunity and participate in pre-sale activities: https://t.co/2x2FvsuR61
— Meme Kombat (@Meme_Kombat) January 16, 2024

Meme Kombat is an innovative gaming platform that rewards users for active betting and passive staking. This project excites gaming enthusiasts in the cryptocurrency world through the fusion of meme culture. Featuring tokenized combat, it offers a unique and thrilling experience.

Earn MK Tokens, participate in MK Season Kombat and receive rewards

You can engage in tokenized battles featuring the memes you love, including Doge, Pepe, Wojak, Shiba Inu, and more. Kombat Season 1 offers a lucrative opportunity for 11 memes to win some serious rewards as they compete for the top title.

Weekly Kombatant goes live on Discord on Wednesdays⚔️
Meet the future of chat games, peer-to-peer spaces, and more importantly, Meme Kombat🥊https://t.co/9ZfngSSGUb pic.twitter.com/MWsbAGlNRC
— Meme Kombat (@Meme_Kombat) January 15, 2024

The upcoming MK Season 2 will bring improved features and experiences. Introducing new battle types that give gamers more opportunities to earn rewards and profits.

You can also join over 9,500 stakers by: Staking MK Tokens, where you can earn 134% Annual Percentage Yield (APY). To date, over 29 million MK tokens have been staked and over 5.8 million rewards have been paid out to users.

📣Major Updates📣
The Meme Kombat Staking Dashboard is officially live and ready for you to use!
Take a break from Kombat and visit our staking dashboard here: https://t.co/nNFEYESjPs pic.twitter.com/yswl0esb4G
— Meme Kombat (@Meme_Kombat) November 9, 2023

Crypto analyst and YouTuber Jacob Bury introduced the Meme Kombat project in a recent video and listed it as one of the three best presales you can participate in in 2024. He highlights why you shouldn’t miss out on this massive pre-sale.