Looking at the daily chart of AGIX/USDT, the AGIX price was swinging from $0.04308 to $0.1207 within the past 30 days after going to its lowest of the month at $0.04308. Bouncing back from the support level, AGIX is now trading inside a bearish pennant. If AGIX tends to break out the upper trendline of the pennant, traders can take the long entry and hodl AGIX.
Meanwhile, our long-term AGIX price prediction for 2023 is bullish if it cannot break the support level. We can expect AGIX to reach $0.5395 this year.
It might be breaking its $0.14036 resistance 1 level and increasing to $0.16003.
If AGIX cannot break the $0.14036 resistance 1 level, the bears may seize control and dethrone AGIX to a downtrend stance. In simple terms, the price of AGIX might fall to almost $0.03714, indicating a negative signal from the previous support level.