AI Companions token rose for three consecutive days, reaching its highest level since Oct. 21 as traders remained optimistic about the project. 

According to TradingView, AI Companions (AIC) token climbed to an intraday high of $0.1122, 40% above its lowest point last week. It has surged by over 5,700% from its all-time low, bringing its fully diluted valuation to $105.7 million.

The recent rally followed the developers’ release of an updated website design and a smart contract audit report by Soken.

Its other major catalyst was the recent listing by Gate.io, one of the largest crypto exchanges in the industry. According to CoinMarketCap, 50% of its $9.2 million 24-hour volume was handled on Gate.io, followed by MEXC and BingX.

The developers have hinted that the token will soon be listed on a tier-1 exchange. While the name remains undisclosed, possible exchanges include Binance, Coinbase, Bybit, OKX, Upbit, HTX, or Kraken. A tier-1 exchange listing often leads to increased gains.

Meanwhile, some traders believe that the AI Companions token has further growth potential. In a post on X, BitcoinHabebe, an analyst with over 164,000 followers, predicted that the token is on the verge of a new bullish wave. He cited its top-notch team, upcoming exchange listing, and strong technical indicators.

AI Companions is aiming to disrupt an industry that some analysts believe is worth billions of dollars. 

The project is building a solution that leverages artificial intelligence, virtual reality, and blockchain to provide virtual friends and companions. According to its roadmap, the virtual companion platform will be launched in the second quarter of 2025, with the AIC token serving as the primary means of exchange on the platform.

AI Companions token retested a key level

The 4-hour chart shows that the AIC token rose and retested the important resistance point at $0.1122, its highest swing on Oct. 21. This recovery occurred after the token found strong support at $0.0774, its lowest level on Oct. 3 and 11.

It has rebounded above the 50-day moving average and formed a small cup and handle pattern, a popular bullish indicator.

A break above the resistance at $0.1122 could signal more gains, with the next reference level at $0.1500, its highest level in September and 41% above the current price.

The crypto market witnessed a sudden pump during Sunday’s low volatility as Bitcoin headed back to $70,000. Amid the renewed bullish sentiment for the Quater 4 rally, a crypto analyst highlights potential bottom formation in Dogwifhat price with key technical indicators, proposing a reversal opportunity.

By press time, the WIF price traded at $2.5 with an intraday gain of 5.75%. Conservatively, the asset market cap rallied to $2.5 Billion.

Analyst Predicts Bottom for Dogwifhat as WIF Targets $3 on Bullish Momentum

In a recent tweet, analyst Bluntz highlights a bullish outlook for the dog-themed meme coin Dogwifhat, studying the WIF/SOL pair. The layer-1 cryptocurrency Solana has showcased substantial bullish momentum as the crypto market is gradually adopting the Q4 rally.

While the SOL’s strength could boost the top memecoin under its umbrella, the Dogwifhat (WIF) caught the analyst’s attention as a promising candidate for a potential breakout.                                                                                                                          

According to Bluntz, the WIF/SOL pair appears to be bottoming out on the 4-hour chart. He notes a “5 down” wave pattern, a common signal for the end of a correction phase, accompanied by significant divergence. 

This setup, particularly with the heavy divergence, suggests a possible trend reversal for the Dogwifhat price. 

WIF Price Analysis Signal 1.5% Surge Before Key Breakout

In the past two weeks, the WIF price has showcased a steady downtrend from $2.97 to $2.1 low, accounting for a 26% loss. This bearish turnaround resonating strictly within two downsloping trendlines reveals a bull flag pattern formation.

Theoretically, this chart setup is characterized by a long ‘Pole’ representing the dominating trend and a ‘Flag’ portion to display temporary correction. This retracement holding its position above the 50-day exponential moving average accentuates a health pullback for the next leap.

Currently, the Dogwfihat price trades at $2.48, standing 1.5% away from challenging the flag resistance. A potential breakout from the overhead trendline will give buyers sufficient support to drive a higher recovery.

The post-breakout rally could drive the asset 32% up to challenge the $3.3 high.

On the contrary, if crypto sellers continue to defend the flag resistance, the dogwifhat could witness renewed selling pressure and drive an extended consolidation.

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Sahil Mahadik

Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.