AIOZ Network Prices have failed to trade with any noticeable momentum in the past few trading sessions. Today’s trading session is continuing the low volatility trend. However, there are signs that the prices are likely to start having momentum and continue with their current bullish move.
AIOZ is a decentralized platform that aims to power a media economy by offering optimal delivery speed, affordable costs, premium streaming quality, and unlimited shared bandwidth. The platform is built on Layer-1 blockchain with full Ethereum and Cosmos interoperability.
It also uses Ethereum Virtual Machine (EVM) and Ethereum WebAssembly (wasm) smart contracts. As a result, users of the platform are able to deploy their dApps swiftly, enabling them to enjoy functionalities such as instant finality and low transaction fees. The platform is also highly scalable, which is important for developers and dApps.
AIOZ Network Price Prediction
In the past four trading sessions, AIOZ has not had volatility. The prices have also traded within a very tight range, forming a sideways market in the four trading sessions. However, looking at the AIOZ daily chart below, it is clear that the cryptocurrency is still bullish.
The bullish bearish is confirmed by the Williams Alligator indicator, which has the prices above its lines. However, the indicator also shows a weakened bullish move, where all its lines are close. The weak long-term bullish move can also be seen in the RSI indicator, which has a reading of 58 per cent. Although the indicator shows signs of an upward move, it does not show any momentum.
My AIOZ Network price prediction expect the prices to continue rising. I also expect the prices to reverse today’s losses and close the markets at a higher price than how it opened. In the coming days, I expect the prices to continue with the bullish move, and there is also a likelihood that the prices will gain momentum.