The blockchain and AI industries are projected to have a combined worth of $10 Trillion by 2030, showcasing their rapid growth. AstraAI (ASTR) is situated at the intersection of these groundbreaking technologies and aims to significantly contribute to this valuation.
The crypto aims to do this by leveraging the synergies of blockchain and AI. Moreover, AstraAI seeks to be at the forefront of this exponential expansion by capitalizing on some major opportunities presented by these sectors.
AstraAI Beta Testing Coming Soon
In the coming weeks, AstraAI will offer beta testing, providing a first-hand experience of its innovative features. This will soon be followed by integrations with multiple social platforms which will make AstraAI available to millions of users worldwide. The platform’s reach and intelligence are set to grow exponentially.
AstraAI aims to merge AI and blockchain technologies to become a game-changer in project analysis. Its AI capabilities enable it to analyze a project’s website, whitepaper, roadmap, and smart contracts efficiently, providing a comprehensive summary of its potential.
This process, which would take considerable time for an investor to do manually, is accomplished in a fraction of the time by AstraAI’s ‘$ASTRA’ platform.
Is AstraAI a Boon or a Bane?
AstraAI offers projects more than just exposure. It provides an opportunity to be understood by a vast network of potential investors. The AI simplifies complex project details, ensuring comprehension among discerning crypto enthusiasts.
AstraAI becomes an invaluable resource for investors and traders, offering insights into promising projects and in-depth tokenomics.
AstraAI could be a boon for project creators, as it not only helps investors identify high-potential projects but also assists creators in gaining visibility. By feeding Astra’s AI detailed information, creators can expect their projects to be accurately represented and understood.
Prediction of ASTR Coin Price
At press time, the ASTR coin is trading at the level of $0.0641 after the bears have taken control of the resistance at $0.0812. The coin is now resting at the immediate support level of $0.0639 as the bulls are trying to hold on.
The 50-day EMA is at the level of $0.0568, while the 150-day EMA is at $0.0536. The RSI, on the other hand, is returning from its oversold level of 82 and is currently trading at 53. The price prediction for the ASTR coin will be bullish if the bulls can reclaim this support level.
Conclusion
Astar (ASTR) is launching AstraAI, which seeks to be at the forefront of the exponential blockchain expansion by capitalizing on some major opportunities presented. The ASTR coin price is rejected by bears at the resistance level and is looking forward to reclaiming its resistance.
Technical Levels
- Support Levels: $0.0639 and $0.0383
- Resistance Levels: $0.0812 and $0.1046
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading in stocks or related indexes comes with a risk of financial loss.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts round the clock, and is a strong advocate for women in STEM.
Source: https://www.thecoinrepublic.com/2023/11/17/astr-coin-what-is-astraai-how-will-it-impact-astr-coin-price/