ChainGPT (CGPT) – It’s a true breakout, on January 10th, 2025, as powerful as it can be.
RELATED – 15 cryptocurrency predictions for 2025
One AI token that is truly explosive, today, is ChainGPT:
- A Web-AI infrastructure token.
- An AI agent service.
Why is ChainGPT (CGPT) breaking out, and what does its chart suggest?
ChainGPT: tremendous progress, now on Binance
First things first, fundamentally and foundationally ChainGPT keeps on building and evolving, especially from a technology perspective:
We’re unveiling a new AI Agent very soon, stay tuned 🤖 👀
— ChainGPT (@Chain_GPT) January 9, 2025
It’s one of the pre-requisites to like a token, and ChainGPT has everything it takes to qualify as such.
On top of that (potentially ‘because’ of that), Binance listed CGPT, starting today, for trading with USDT and USDC.
Breaking News: @Binance Lists $CGPT for Spot Trading
Trade $CGPT with USDT & USDC pairs today starting from 13:00 UTC.
➡️ https://t.co/wxYz5lxGJW pic.twitter.com/1GcKHYDXQ7
— ChainGPT (@Chain_GPT) January 10, 2025
Not only is CGPT in focus, but also similar tokens that play in the AI field:
Binance listings always shake things up, and this time they’ve added $AIXBT, $CGPT, and $COOKIE to the roster.
A listing on Binance isn’t just a milestone – it’s a credibility boost that often triggers price rallies and heightened attention. It’s fascinating to see how these… pic.twitter.com/wgqFGQXYGS
— Our Crypto Talk (@ourcryptotalk) January 10, 2025
So, while the Binance listing of CGPT seems to be a catalyst, it’s not the only catalyst. That’s important, because ChainGPT keeps on developing and growing. Moreover, it plays in a field with an attractive and growing narrative.
All those elements are important. When combined, they add value to the attractiveness of a token.
ChainGPT chart – a triple breakout on the CGPT chart
A triple breakout.
That’s the summary of what is happening on the chart of CGPT.
- The most important Fibonacci level (50%, fine purple line) got cleared.
- The 2023 highs got cleared (fine red line).
- The 38.2% Fib level (fine yellow line) got cleared.
It all happened today.
Moreover, the chart was already pretty bullish, with a huge cup and handle reversal. The breakout, today, simply confirms what the pattern was predicting – a bullish breakout was in the making. No surprise, we flashed 2 buy recommendations in our premium crypto service, as seen on the chart.
ChainGPT price bullish: once our darling, now confirmed
ChainGPT already had a very bullish chart setup, as mentioned above.
In our premium crypto research service, we wrote the following:
On October 22nd, 2024, we wrote:
CGPT – a drop to 0.111 is a ‘buy the dip’ opportunity.
Many of our premium members got in at 0.11 a few months ago. They hold a 3-bagger now, while many tokens crashed in the period mid-December till today.
We remained bullish on CGPT despite the drop mid-December. On December 23d, 2024, we wrote:
Decentralized AI – our favorite tokens in this segment keep on improving, CGPT being one of our top picks. Similar story as UNI (above).
That’s the point with chart analysis – it helps you understand what will happen – as opposed to technical analysis and indicators which are lagging.
While we remain bullish on ChainGPT, the reality is that quite a lot of the juice is gone now. Even if CGPT moves to $1 in 2025, which is a realy possibility, it’s ‘just’ a 3x. This compares to the 10x that our members will have, especially those that bought the dip at $0.1 on Oct 22nd (see above).
We are tracking a few other potential multi-baggers, beyond CGPT, and we are covering them in January 2025 as potential buy the dip candidates. Receive our premium alerts >>
