ORBIT (GRIFT) Skyrocketed 62% in 24 Hours, But Will the Rally Continue?

The ORBIT price skyrocketed 62% in the last 24 hours to trade at $0.1196 as of 2.20 a.m. EST on trading volume that soared 118% to $36.94 million.

The ORBIT (GRIFT) price بالا رفت 62% in the last 24 hours to trade at $0.1196 as of 2.20 a.m. EST on trading volume that soared 118% to $36.94 million.

ORBIT is a new cryptocurrency that only went live about a week ago. Since it emerged, the token has seen strong price movement which allowed it to breach multiple barriers, including the ones at $0.075, $0.1, and as of five hours prior to the time of writing $0.13. This was also its all-time high, from which its price saw a slight rejection to $0.10, only to bounce back up toward the resistance at $0.13.

The ORBIT project is another crypto project revolving around AI agents, which could be the new dominating trend in the crypto industry, given that these projects have been outperforming most other cryptos over the past few weeks.

Orbit: The Finance Assistant for Billions of AI Agents

Imagine a future where billions of AI agents run the digital economy—managing tasks, solving problems, and subcontracting jobs across a vast network. A seamless, self-organizing workforce.

Now imagine who manages their…

The ORBIT price saw a strong increase in the last 24 hours going from $0.07259 to its ATH at $0.13. The price movement has seen its Bollinger bands widen quite a bit, with the price pushing the upper band further and further up. The project still saw fluctuations which pushed its token’s value down to the middle line between the two bands from time to time, but for the most part, it managed to maintain a strong positive momentum.

The resistance at $0.13 stopped its progression, however, causing the token’s price to drop to the bottom band for a brief moment, from where it slowly climbed back up to the upper one, only to hit the same barrier once again.

ORBIT’s Relative Strength Index (RSI) shows that the project reached the overbought zone very quickly after its price started skyrocketing yesterday afternoon. But, despite the fact that traders were regularly taking profit and knocking the RSI down to the neutral zone, new waves of purchases kept pushing it back up, only for the same process to repeat.

After it hit its ATH, however, the traders had a more serious sell-off, which pushed the RSI down to the value of 41.87. The traders did start buying again after this, and the price nearly returned to the resistance at $0.13, but the RSI itself did not go back to the overbought zone. In fact, it barely reached the value of 60 before dropping again.

This could suggest that the hype has started to subside and that the price is stabilizing. It also suggests that there is plenty of room left to grow if the traders decide to push the token further up, which could allow it to breach the resistance and outperform its ATH.

But, since Bitcoin’s price started to recover, and many altcoins are growing with it, this may have distracted the traders from the new AI token. Given the fact that the surge has likely pushed it high enough for its price to potentially be considered overvalued now, a strong correction might happen in the hours to come.

A Promising Alternative To ORBIT

With the GRIFT price now once again ready to correct, it might be too late to buy the token before it heads south. However, opportunity seekers could turn to other promising opportunities such as Best Wallet (BEST).

Best Wallet is a relatively new crypto wallet that has been around for a few months, and it started rapidly attracting the attention of traders and investors from all over the world. It was designed to be a multi-chain, non-custodial multi-wallet, which essentially means that it is a highly advanced tool that every trader could benefit from.

The wallet supports over 60 blockchains and all cryptocurrencies running on it, allowing you to store thousands of different coins. Being non-custodial means that only you will have access to those coins and tokens, with no intermediaries getting in the way. As for the multi-wallet part, it allows you to connect other wallets and manage multiple portfolios from one place.

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You can do all of your buying and selling from within the wallet itself, with no need to move your funds