With the crypto market preparing for the October bull market (Uptober Rally), the Bitcoin price targets above $64,000. Amid the increasing demand, the AI crypto tokens witness a boom in buying pressure.
The AI crypto segment is ready to explode this week as the TAO, NEAR, and WLD tokens rank among the top performers. So, without further delay, let’s quickly move to our must-buy AI crypto picks for this week amid Uptober rally chances.
With an impressive bullish reversal, the BitTensor TAO token has increased by almost 200% in the past month. Rising from the crucial support of $220, the recovery rally in the AI crypto has now surpassed the $600 mark.
With a 24-hour high at $678, the Rounding Bottom Reversal in TAO token targets a bullish trend continuation. The MACD and Signal line gives a bullish crossover after the decent merger during the pullback phase.
Following the 11% jump on Sunday, the TAO token is now trading at $626 with an intraday pullback of 1.25%. Based on the Fibonacci levels, the upside target for the TAO token stands at $878.1289 amid Uptober rally chances.
In the past 24 hours, the NEAR protocol token has increased by 9.63%. Currently, it is trading at $5.19 and sustains a market cap of $6.29 billion. In the daily chart, the NEAR token reveals an intraday gain of 5.02%, which results in a bullish engulfing candle. This marks the second consecutive bullish candle following the 3.81% jump on Sunday.
From the recent 7-day low of 4.42%, the AI crypto token has increased by 17.53% in the past four days. Furthermore, the recovery rally surpasses the 50-day and 200-day EMA, increasing the possibility of a bullish crossover.
Based on the Fibonacci levels, the recovery rally heads towards the 38.20% level at $5.561. A bullish breakout of this rounding reversal above the 38.20% level will likely challenge the 61.80% level at $6.819 if the broader market witnesses an Uptober rally.
The MACD and Signal lines are preparing for a bullish crossover to support the bullish plan of action.
Curious if the NEAR Protocol can give 5x gains? Find out more about Coinpedia’s NEAR Price Prediction article, which includes price analysis, insights, and much more!
With an intraday gain of 3.22%, the WLD coin has reclaimed the psychological mark of $2. Following the Morningstar pattern on Friday, the AI crypto has increased by almost 25% within four days.
This marks the potential rounding-bottom reversal in the WLD price action and increases the possibility of an uptrend. The neckline for the rounding-bottom reversal stands at $2.10, which highlights a crucial supply area.
Furthermore, the bullish comeback leads to a positive crossover in the MACD and signal lines. On the upside, the crucial resistances for the WLD coin stand at the 200-day EMA at $2.7684 and the crucial supply zone at $4.
As the WLD coin has a positive 50-day EMA, the upside-bullish trend anticipates a price jump to the 200-day EMA. Further, the bullish season of a Uptober rally will likely skyrocket Worlcoind beyond $4.
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