The cryptocurrency market has started the third week of July with a strong bullish sentiment, highlighting a positive outlook for the tokens this week. Further, with the price of Bitcoin holding its value above the $63K mark, top altcoins have recorded a bullish price action.
Moreover, after recording a bearish price action for a brief period, the Artificial Intelligence (AI) category has regained momentum and has recorded a significant jump in its valuation over the past few days.
Dive in as, in this article, we have covered the top 3 Artificial Intelligence (AI) tokens that have the potential to record a massive price action in their respective portfolios during the upcoming weeks.
Amid increased bullish sentiment in the crypto space, the FET price has regained momentum and has jumped approximately 11% within the past day with a trading volume of $140.47 Million. Further, it has added 9.58% to its portfolio over the past week, indicating increased bullish influence.
The technical indicator, MACD, shows a constant rise in the green histogram with its averages recording a bullish action. This highlights an increase in the buying pressure. Moreover, the SMA indicator has displayed a positive crossover, suggesting the FET price will continue gaining value this week.
If the market holds the Artificial Superintelligence Alliance price above its important support level of $1.285, the bulls will prepare to test its upper level of $1.855. Conversely, bearish price action may pull the price toward its low of $0.816 this month.
With a jump of approximately 7% within the past day, the RNDR price is on the verge of breaking out of its resistance trendline of the descending channel pattern. Moreover, this AI token has surged 38.39% this year and has a market cap of $2.54 Billion.
The Relative Strength Index (RSI) records a sharp rise toward the neutral point. Whereas, the EMA 50/200-day displays a high possibility of a Death Cross in the 1D time frame. This highlights a mixed sentiment for the Render price.
If the market continues trading under a bullish sentiment, this could result in the RNDR coin price testing its upper resistance level of $9.450. Negatively, if the bears regain control, the Render crypto will plunge toward its crucial support level of $5.30.
The GRT price continues to trade under a bullish sentiment by adding 8.23% to its portfolio over the past day with a trading volume of $48.836 Million, a change of 19.07%. Furthermore, this Artificial Intelligence (AI) token has jumped 11.59% over the past seven days, indicating increased bullish influence.
The Simple Moving Average (SMA) has displayed a bullish convergence in the Graph price chart, suggesting a positive outlook for the altcoin this week. Further, the MACD indicator has recorded a rising pattern.
If the bulls continue to gain momentum, Graph Crypto will prepare to test its resistance level of $0.2650. However, if the bears dominate the crypto market, this altcoin will retest its lower support level of $0.1375 this month.
The staking feature for crypto ETFs will likely be approved by the Donald Trump administration. …
The TRUMP price has dropped 90% from its all-time high, which was recorded three months…
BNB is experiencing buying demand as overall market sentiment turns positive. Although the price is…
The wider altcoin market, led by memecoins, has signaled a bullish breakout soon amid ongoing…
Coinbase has held the stance that crypto assets are not securities but instead are digital…
In a massive market like the crypto market, finding a coin to invest in can…
