AI16Z Price Prediction: AI-Powered Altcoin Poised to Surge to New All-Time Highs, Crypto Strategist Says

A crypto strategist known for his accurate market calls is predicting a massive potential for AI16Z, a new altcoin that has seen astronomical gains in recent months.

The decentralized investment platform, powered by artificial intelligence (AI), has been catching the eye of traders, and according to pseudonymous trader Bluntz, the token is poised to surge to new all-time highs.

AI16Z, which is currently trading at $1.66, has skyrocketed by an astonishing 16,190% from its November 3rd low of $0.01019. Bluntz, a respected analyst with over 308,000 followers on social media platform X, has highlighted the token as a strong contender for more gains after a 50% correction, signaling a key opportunity for investors.

Applying the Elliott Wave theory, which suggests that an asset that undergoes an ABC retracement may see a subsequent five-wave rally, Bluntz points out that after completing a three-wave correction, AI16Z appears to be gearing up for its final wave, which could lead it to break above $3, setting a new all-time high.

“Should make one more fresh all-time high…,” Bluntz comments on the pattern, which has many investors watching closely, as historical trends have shown that coins following similar Elliott Wave patterns tend to surge once the correction phase is complete.

Alongside AI16Z, Bluntz is also keeping a close eye on Bitcoin (BTC), which is trading at $94,900 at the time of writing. The crypto strategist believes Bitcoin could see a brief dip to a support level before eventually reaching a new all-time high.

He suggests that Bitcoin’s recent price action looks like it is about to complete its ABC correction, after which the king of cryptocurrencies could rebound to higher levels.

“Starting to look like the $90,000 sweep is going to happen without a relief bounce in between,” Bluntz notes. He adds that the “top callers” (those predicting the end of the rally) are now becoming more vocal, a shift that often happens when the market is nearing a low point, signaling a potential buy opportunity.

Another token on Bluntz’s radar is AIXBT, the native token of Virtuals’ AI-powered market intelligence platform. According to Bluntz, AIXBT has been on a “monster uptrend” since its inception and looks primed to continue its rally. He predicts that AIXBT is on track to complete its own five-wave pattern on the 12-hour time frame, which started in December.

Bluntz’s focus on these AI-driven projects signals the increasing interest in AI in the cryptocurrency space, with platforms like AI16Z and AIXBT gaining traction among investors looking for next-gen opportunities in blockchain and decentralized finance (DeFi).

As AI16Z looks set to break above $3 and Bitcoin’s market behavior suggests it could soon see another leg up, the crypto space is witnessing a surge in interest in innovative AI-powered tokens. With the broader market gearing up for a potential new cycle, traders are keeping a close eye on the latest altcoin trends, including the rise of AI-driven projects like AI16Z and AIXBT.

Crypto enthusiasts and investors alike are in anticipation of what’s to come, with many positioning themselves for the next big wave of market action. The coming weeks could prove to be pivotal for these AI-powered altcoins, and for the larger cryptocurrency market overall.