With the price of Bitcoin reclaiming the $64k mark during the early Asian trading hours, the Artificial Intelligence (AI) category has recorded a strong bullish recovery with top tokens outperforming the market leaders.
Moreover, Turbo price from the AI category has recorded a double-digit surge with a trading volume of over $200M. With the current market sentiments, is the AI category on the path of experiencing a bullish rally similar to the Q1 of this year? Dive in to find out the top trending AI tokens.
With a jump of over 10% in the past 24 hours, the TAO price has reclaimed the $400 mark with a high of $431.09. Moreover, it has surged ~50% over the past seven days and has a yearly return of 58.71%. This indicates a long-term bullish influence for the AI token in the market.
The Relative Strength Index (RSI) has breached its overbought range in the 1D time frame. Moreover, its average trendline displays a bullish curve in the TAO price chart. This suggests a bullish outlook for this AI token in the coming time.
Maintaining the price above its resistance level of $437.5 could set the stage for Bittensor price to test its upper high of $547. Conversely, a bearish reversal could pull the price toward its low of $326 during the upcoming weeks.
Also read, Bittensor Price Prediction 2024 – 2030
Amid increased bullish sentiment, the AIOZ price is on the verge of testing its important resistance level with an intraday jump of 4.98% and a trading volume of $6.060 million. Furthermore, this Artificial Intelligence (AI) token has recorded a 200% jump this year.
The Simple Moving Average (SMA) records a bullish crossover in the AIOZ Network price chart. Further, the MACD indicator has displayed a rising green histogram in the 1D time frame. This indicates that the price may continue gaining value in the coming time.
If the market continues to favor the bulls, this could result in the AIOZ crypto price heading toward its upper resistance level of $0.5935 this month. On the flip side, if the bears overpowered the bulls, the Bittensor token could plunge toward its crucial support of $0.270.
Also read, AIOZ Network Price Prediction 2024 – 2030
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