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Top AI Tokens To Stack Amid Bullish Reversal!

July 7, 2024
in Business
Top AI Tokens To Stack Amid Bullish Reversal!
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With the market leader Bitcoin price recording a positive bounce back in its chart, the crypto market has displayed a similar price action by adding significant valuations to their respective portfolios.

Furthermore, Artificial Intelligence (AI) category has successfully regained momentum with top AI tokens recording a double digit gains within the past 24 hours.

Dive in as, in this article, we have covered the top 5 Artificial Intelligence (AI) tokens that have the potential to record significant gains in their respective portfolios during the coming time.

Akash Network (AKT):

The AKT price has dropped approximately 1% within the past seven and 19.80% over the past 30 days. However, with a jump of 19.09% and a trading volume of $56.50 Million within the past day, this AI tokens displays a high possibility of a bullish price action.

Akash Network Price AnalysisTradingView: AKT/USDT

With a trading price of $3.470, the AKT price has a market capitalization of $886.349 Million with a circulating supply of 243,157,044 AKT, and a maximum supply of 388,539,008 AKT tokens.

A bullish price action could result in the Akash Network price testing its upper high of $5.180. However, if a bearish reversal occurs, the AKT price could retest its low of $2.250.

Artificial Superintelligence Alliance (ASI):

After trading under a bearish sentiment for about a week, the Artificial Superintelligence Alliance price has recorded a jump of approximately 6% in valuation. Moreover, it has a YTD return of 70.21%, highlighting a long-term bullish sentiment.

ASI Price AnalysisTradingView: ASI/USDT

The Moving Average Convergence Divergence (MACD) displays a constant flatline in its price chart, suggesting a weak price action for the AI token in the market. Moreover, record a neutral trend, suggesting uncertainty in the future price action.

If case the market holds the ASI price above its important support level of $1.285, the bulls will prepare to test its upper resistance level of $1.855. Conversely, if the bears overpowered the bulls, the Artificial Superintelliegnce Alliance price will plunge toward its low of $0.816.

Render (RNDR):

Amid ongoing market recovery, the RNDR coin price has recorded a jump of approximately 2% in valuation within the past day. However, it has lost 9.38% within the past seven days and 37.61% over the past 30 days.

Render Price AnalysisTradingView: RNDR/USDT

At the time of writing, the price of Render token was $6.566. Further, with a criculating supply of 388,650,384 RNDR tokens, the RNDR price has successfully claimed the 29th largest cryptocurrency with a market cap of $2.617 Billion.

If the market regains momentum, the Render price will prepare to test its upper resistance level of $9.450. Conversely, if the bears overpowered the bulls, the RNDR price will plunge toward its crucial support level of $5.30.

The Graph (GRT):

The Graph price has surged 6.15% within the past day with a trading volume of $58.49 Million. Moreover, the AI token has lost 14.87% within the past seven days and 40.09% over the past month.

The Graph Price AnalysisTradingView: GRT/USDT

The technical indicator, MACD, records a rising red histogram, highlighting an increase in the selling pressure. Furthermore, the averages display a bearish convergence, suggesting a negative price action for the AI token in the coming time.

If the market holds the GRT price above the support level of $0.1775, the bulls will regain momentum and prepare to test its upper resistance level of $0.2325. However, in case of a bearish action, the Graph price to plunge toward its low of $0.1250.

Theta Network (THETA):

Despite recording a jump of over 5% within the past day, the Theta Network price has dropped 15% within the past seven days and 42.28% over the past 30 days.

Theta Network Price AnalysisTradingView: THETA/USDT

With a trading price of $1.277 and a circulating supply of 1 Billion THETA tokens, this AI tokens has secured the 56th position in th eglobal crypto market list with a market capitalization of $1.288 Billion.

If the bears continue to dominate the crypto market, the THETA price will drop toward its crucial support level of $0.855. Positively, if the bulls regain power, the Theta Network price will prepare to test its upper level of $1.975.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/uncategorized/top-ai-tokens-to-stack-amid-bullish-reversal/

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