With Shiba Inu (SHIB) and Dogwifhat (WIF) experiencing waning momentum in recent weeks, buyers are now shifting focus to Ozak AI, a new AI-powered blockchain project offering unique opportunities and a promising rally in its presale phase.
SHIB Holds Key Support Levels but Struggles to Maintain Momentum
Shiba Inu is trading slightly above its 200-day EMA at $0.000021 after retesting its $0.000019 support level on Monday. This level coincides with its 61.8% Fibonacci retracement, a critical reversal zone drawn from its August 5 low of $0.000010 to its December 8 high of $0.000033.
The technical analysis paints a blend of both the bullish and the bearish trends for SHIB. The Relative Strength Index (RSI) stands at 44, indicating mild bearish pressure, while the Moving Average Convergence Divergence (MACD) is indicated flat around zero, meaning no clear direction.
Analyzing on-chain data from IntoTheBlock, the In/Out of the Money Map (IOMAP) points to 17,160 addresses that bought 3.22 trillion SHIB tokens at an average price of $0.000021. A bearish breakdown of $0.000019 could be a bearish signal and may lead to a decline to $0.000016 that would be a 15% drop.
Nevertheless, sideline buyers could get a chance to build up their position in SHIB within the $0.000019 to $0.000021 zone. However, as uncertainty increases, most holders are seeking other projects such as Ozak AI, which combines the use of artificial intelligence and blockchain technology.
Source: Twitter/X
Dogwifhat Faces Extended Bearish Pressure Amid Low RSI and Strong ADX
The Dogwifhat (WIF) token has witnessed aggressive selling pressure, as reflected by the Relative Strength Index (RSI) at 17.8, which indicates that the token is oversold. The Average Directional Index (ADX) has risen to 43.7, which shows that the bearish trend is strong. The current price volatility of $WIF is indicative of the meme coin market, which is influenced by whales and retail traders.
The key support for $WIF is at $1.32, and a break below this level may possibly see the price drop to $1.07, which is a 30% retracement. On the positive side, a market interest could push $WIF past the $1.73 resistance level and on its way to $2.2.
Nevertheless, with $WIF still having a hard time to recover from the recent price drop, its investors are looking for other opportunities such as Ozak AI. This project, which is based on artificial intelligence, has received much attention for its capability to provide a more stable and worthwhile investment in 2025.
Source: Twitter/X
Ozak AI Presale Gains Momentum with High Demand
Ozak AI, a blockchain platform that incorporates predictive AI, is still in the second round of the presale and is selling $OZ tokens at $0.002. The presale has already garnered $150,000, with 81% of tokens sold, proving the high interest of the community.
In an attempt to get early adopters, Ozak AI has come up with a reward system where the first one hundred participants will be awarded $100,000 and $50,000 in cash, respectively. The platform also provides a 10% bonus for referrals to involve more members of the community. At the target listing price of $0.05 and expected growth to $1, the $OZ token is a great chance for those willing to purchase highly profitable assets in 2025.
The platform’s slow release of tokens and the total supply of 10 billion tokens are planned to avoid inflation and ensure the long-term stability of the currency. Ozak AI’s emphasis on sustainable tokenomics has therefore become an ideal choice for those dumping other meme coins such as SHIB and $WIF.
For more information about Ozak AI, visit the below links:
Website: https://ozak.ai/
Twitter/X: https://x.com/OzakAGI
Telegram: https://t.me/OzakAGI
