![How SingularityNET [AGIX] built momentum amid rising ChatGPT traction](https://i.headtopics.com/images/2023/2/8/cryptoamb/how-singularitynet-agix-built-momentum-amid-rising-how-singularitynet-agix-built-momentum-amid-rising-1623118163108933633.webp)
AGIX topped social volume among all assets in the seven days. The token direction might continue in an upturned despite being overbought. Blockchain-powered AI token SingularityNET [AGIX], on the premise of the ChatGPT adoption, increased 680% in the last 30 days. Yes, the surge in value may not be surprising as it’s not the first […]
As expected, some whales have sold no part of their holdings. But does this mean AGIX has a high potential to proceed further in the upward direction?As of this writing, the Bollinger Bands revealed that AGIX’s volatility was extreme. But there were chances that the token could be overbought since the price hit the upper volatility band.
The condition then aligns with Santiment’s opinion for investors to be cautious about expecting a further increase. Hence, a price reversal could be at hand. However, AGIX’s direction, according to the technical indicators, seemed to have other plans. At press time, the Directional Movement Index displayed a likely uptrend rather than a reversal.
Per the chart displayed below, the positive DMI was 52.18. It also had the support of the Average Directional Index which gauges directional strength.At the time of writing, the ADX was 62.59 — this value signaled incredible strength for the AGIX upward direction. The negative DMI at 3.71 meant that a decline in value could be out of the question.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Google is launching its version of ChatGPT — and it's called Bard | CBC NewsGoogle is launching its own artificial intelligence bot known as Bard, a direct competitor to ChatGPT.
Read more »
Google releases ChatGPT rival AI 'Bard' to early testers - BNN BloombergAlphabet Inc.’s Google is getting its ChatGPT competitor ready for primetime.
Read more »
What to know about OpenAI, the company behind ChatGPTA popular tool that can respond to questions in eerily human ways, called ChatGPT, has captured the internet’s attention as people use it write song lyrics,…
Read more »
What to know about OpenAI, the company behind ChatGPTA popular tool that can respond to questions in eerily human ways, called ChatGPT, has captured the internet’s attention as people use it write song lyrics,…
Read more »
Google unveils ChatGPT rival Bard, AI search plans in battle with MicrosoftGoogle owner Alphabet Inc on Monday said it will launch a chatbot service and more artificial intelligence for its search engine as well as developers, an…
Read more »
Microsoft bakes ChatGPT-like tech into search engine BingMicrosoft is fusing ChatGPT-like technology into its search engine Bing, transforming an internet service that now trails far behind Google into a new way of communicating with artificial intelligence.
Read more »