AI Crypto Craze: Top AI Tokens To Hoard For Next Bull

With the recovery run in the crypto market gradually gaining momentum, the AI tokens are on a roll. With top performers preparing for breakout runs, the AI crypto segment is close to hitting the $30 Billion mark. 

Among the top performers, Near Protocol, Bittensor, Injective, and FET rank the charts. 

As the bullish momentum increases, let’s take a closer look at the must-buy AI tokens for the next bull run. 

Top AI Crypto To Buy:

Near Protocol (NEAR)

With a market cap of $4.618 billion, NEAR Protocol stands as the biggest AI crypto in the industry. Over the past 24 hours, the NEAR token has increased by 2.31%. Currently, it is trading at $4.07, with an intraday drop of 1.36%.

The intraday pullback comes with the higher price rejection witnessed last night from the 50-day EMA at $4.30. Further, the 23.60% Fibonacci level at $4.379 reverses the AI crypto. 

Further, it increases the possibility of a head-and-shoulder pattern with a neckline at $3.523. Nevertheless, the broader market recovery and the surge in RSI lines with the recent bullish engulfing candle project a potential uptrend. 

The bullish breakout of the 23.60% level will put $1.05 and $1.0558 as the next potential targets. Meanwhile, the $3.859 and $3.60 support levels are likely to limit the downside risk.

Bittensor (TAO)

The BitTensor AI token has increased by 11.02% in the past 24 hours and registered a 15% jump in the last seven days. With a market cap of $2.37 billion, the TAO token trades at $322. 

In the daily chart, the TAO price trend maintains a sideways route, with the overhead ceiling at $354 standing strong. The bullish engulfing candle formed last night with a 12.52% jump shows a higher price reaction and a failure to sustain above $350. 

Currently, the intraday candle projects a higher price reaction and teases a potential retest of the 50% Fibonacci level at $309. Meanwhile, the long-coming consolidation range, extending from $213 to $355, witnesses an early bull cycle and newfound support from the 50-day EMA. 

As the broader market improves, a breakout of $350 will put $447 and $706 potential targets for the AI crypto. Meanwhile, the crucial support is at $300 and $283.

As the ROSE price eyes a bullish breakout, will it claim new highs? Discover the true potential of Oasis Network in Coinpedia’s ROSE price prediction!

Injective (INJ)

The AI crypto injective with the native token INJ has surged by 5.42% over the past 24 hours and is approaching the $2 billion market cap. Currently, the market cap is at $1.87, and the INJ token is trading at $19.22.

 In the daily log chart, the INJ price trend maintains a falling channel pattern but takes a sideways route with the recent reversal from $16. The overnight jump in INJ price forms a bullish engulfing candle with the 8.27% surge. 

This undermines the three-day crash and challenges the 23.60% level at $19.74. A bullish breakout will challenge the overhead trendline near the $21 mark. However, the breakout will depend on the broader market movement. 

As the immediate resistance above the trendline is the 200-day EMA and the 38.20% level at $23.79, the price action traders must remain cautious. A bullish breakout above 38.20% will signal a trend reversal and will likely hit the $41 or $52 mark at the 78.60% or 100% Fibonacci level. Meanwhile, the crucial support for the AI crypto is at $17.94 and $15.75.