Key Takeaways
The XAI token was launched at the beginning of 2024, promising Web3 gamers the chance to get involved without having to worry about holding a crypto wallet. After hitting an all-time high of $1.30 in March, it slumped to an all-time low of $0.1665 in September.
Since then, there has been a slow but largely steady recovery, and on Dec. 12, 2024, XAI was worth about $0.349.
Now, let’s look at our XAI price prediction, made on Dec. 12, 2024. We will also examine the XAI price history and talk a little about what XAI is and what it does.
Let’s examine some of CCN’s XAI price predictions for Dec. 12, 2024. It is crucial to remember that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate.
Minimum XAI Price Prediction | Average XAI Price Prediction | Maximum XAI Price Prediction | |
---|---|---|---|
2025 | $0.50 | $0.85 | $1.20 |
2026 | $0.70 | $1.30 | $2 |
2030 | $1.50 | $3 | $5 |
XAI’s bullish breakout from its prolonged downtrend and accumulation phase sets a strong foundation for steady growth through 2025. The token’s ability to maintain key support levels and increase market interest suggests it could target higher Fibonacci levels, with a potential maximum near $1.20 if momentum continues uninterrupted.
By 2026, XAI will likely build upon its earlier gains, benefiting from broader market cycles and increased adoption. If the token breaks through key resistance levels, such as $1.20, it could enter a stronger upward trend, pushing toward a potential $2 in an extended bull phase.
Looking ahead to 2030, XAI’s long-term growth prospects remain promising as the token capitalizes on market maturity and ecosystem expansion. With the potential to revisit or surpass previous cycle highs, XAI could target $3 on average, with a maximum of $5 if macroeconomic conditions and adoption trends remain favorable.
XAI has broken out of a long-term downtrend, marked by a descending resistance line from early 2024. After consolidating between $0.16 and $0.26, the token surged to $0.43, driven by renewed bullish momentum and market interest following an accumulation phase.
The price retraced to $0.27, turning previous resistance into support, with the RSI cooling off from overbought conditions. Maintaining support at $0.27 could enable further gains, retesting $0.43. However, a breakdown below $0.27 might lead to a deeper correction toward $0.20, a critical support level determining the next move.
XAI’s hourly chart reveals a completed impulsive wave structure peaking at $0.43, followed by a corrective ABC pattern. Wave A dropped to $0.32, wave B briefly recovered to $0.36, and wave C found strong support at $0.26, near the 0.618 Fibonacci retracement.
Currently, XAI is climbing back toward $0.35, which matches the 0.236 Fibonacci retracement, as RSI shows recovering momentum. If the price continues upward, it could retest $0.43 and extend to $0.53 and $0.69 in subsequent bullish waves. Failure to hold $0.32 could lead to another test of $0.26, a key support for maintaining bullish momentum. The Xai price prediction for the next 24 hours all depends on whether the token can continue going up.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
XAI’s daily ATR is at 0.0429, implying relatively high volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold.
Movements above 70 and 30 show overbought and oversold conditions, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
XAI’s daily RSI is at 53, a sign of a slightly bullish trend.
The Total Value Locked (TVL) to market cap ratio measures the valuation of a decentralized finance (DeFi) project by comparing its market capitalization to the total value of assets locked in its smart contracts. This ratio shows the project’s utilization and links the platform’s health to locked asset value.
A ratio above 1.0 indicates overvaluation because the market cap exceeds the value of assets used in the platform. A ratio below 1.0 indicates undervaluation because the market cap is lower than the value of locked assets.
On Dec. 12, 2024, the XAI TVL ratio was 133, indicating massive overvaluation.
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.
On Dec. 12, 2024, Bitcoin scored XXX on the CCN Index, suggesting YYY momentum.
XAI is part of the gaming ecosystem, so let’s compare it to similar projects.
Now, let’s examine the history of Xai prices. While we should never take past performance as an indicator of future results, knowing what the token has achieved can provide us with some very useful context if we want to make or interpret an Xai price prediction.
Time Period | XAI Price |
---|---|
Last Week (Dec. 5, 2024) | $0.4292 |
Last Month (Nov. 12, 2024) | $0.2727 |
Three Months Ago (Sept. 12, 2024) | $0.1897 |
Launch Price (Jan. 10, 2024) | $0.604 |
All-Time High (March 11, 2024) | $1.60 |
All-Time Low (Sept. 6, 2024) | $0.1665 |
The market capitalization, or market cap, is the sum of the total number of XAI in circulation multiplied by its price.
On Dec. 12, 2024, XAI’s market cap was $290 million, making it the 275th-largest crypto by that metric.
On Dec. 12, 2024, a wallet associated with the Binance exchange held nearly 15% of the XAI supply.
As of Dec. 12, 2024, the five wallets with the most Xai tokens were
Supply and distribution | Figures |
---|---|
Maximum Supply | 2,500,000,000 |
Circulating supply as of Dec. 12, 2024 | 835,003,964 (33.4% of total supply) |
Holder distribution | The top 10 holders owned 67.4% of the supply on Dec. 12, 2024 |
In its technical documentation or whitepaper , Xai says it was developed to enable real economies and open trade in the next generation of video games.
It says: “With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance.”
Developer Offchain Labs created Xai. The Arbitrum (ARB) platform, which is itself based on the Ethereum (ETH) blockchain, aims to allow gamers to exchange in-game items without needing traditional crypto wallets.
The XAI token supports the Xai system. Because XAI is ultimately based on Ethereum, it is a token, not a coin. You might see references to a Xai coin price prediction, but these are wrong.
XAI holders can run nodes to help operate the Xai network and vote on changes to the platform. People can also buy, sell, and trade XAI on exchanges.
It is hard to say. The token’s price is consolidating as it recovers from an all-time low.
As always with crypto, you will need to make sure you do your own research before deciding whether or not to invest in XAI.
No one can really tell right now. While the Xai crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Before you decide whether or not to invest in Xai, you will have to do your own research, not only on XAI but other coins and tokens. Either way, you must also ensure you never invest more money than you can afford to lose.
Technical analysis by Nikola Lazic.
Our price predictions suggest XAI will not reach $10 until at least the 2030s, if at all.
XAI holders can vote on changes to the Xai gaming network. People can also buy, sell, and trade XAI on exchanges.