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Best AI Tokens to Accumulate During Bullish Reversal!
With the market leader Bitcoin Price recording a positive bounce in its chart, the cryptocurrency market has shown a similar price trend adding significant valuations to their respective portfolios.
Additionally, the artificial intelligence (AI) category has successfully regained momentum, with leading AI tokens posting double-digit gains in the last 24 hours.
Read on because in this article, we have looked at the top 5 artificial intelligence (AI) tokens that have the potential to post significant gains in their respective portfolios in the near future.
Akash Network (AKT):
THE AKT Price It has dropped by about 1% in the last seven days and 19.80% in the last 30 days. However, with a jump of 19.09% and a trading volume of $56.50 million in the last day, this AI token shows a high possibility of a bullish price action.
With a trading price of $3,470, AKT price has a market cap of $886.349 million with a circulating supply of 243,157,044 AKT and a max supply of 388,539,008 AKT tokens.
A bullish price action could lead Akash Network price to test its upper high of $5,180. However, if a bearish reversal occurs, AKT price could retest its low of $2,250.
Alliance for Artificial Superintelligence (ASI):
After trading with a bearish sentiment for about a week, the The price of the Alliance for Artificial Superintelligence has seen a jump of around 6% in valuation. Furthermore, it has a YTD return of 70.21%, highlighting a long-term bullish sentiment.
TradingView: ASI/USDT
The Moving Average Convergence Divergence (MACD) shows a constant flat line on its price chart, suggesting weak price action for the AI token in the market. It also registers a neutral trend, suggesting uncertainty in the future price action.
If the market holds ASI price above its major support level of $1,285, the bulls will prepare to test its upper resistance level of $1,855. On the contrary, if the bears overpower the bulls, the price of Artificial Superintelligence Alliance will plummet towards its low of $0.816.
Rendering (RNDR):
In the context of the ongoing market recovery, RNDR coin price has seen a jump of about 2% in valuation over the past day. However, it has lost 9.38% over the past seven days and 37.61% over the past 30 days.
TradingView: RNDR/USDT
At the time of writing, the Render token price was $6,566. Furthermore, with a circulating 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, Render price will prepare to test its upper resistance level of $9,450. On the contrary, if the bears overpower the bulls, RNDR price will plummet towards its crucial support level of $5.30.
The graph (GRT):
Graph price has increased by 6.15% over the past day with a trading volume of $58.49 million. Additionally, the AI token has lost 14.87% over the past seven days and 40.09% over the past month.
TradingView: GRT/USDT
The technical indicator, MACD, is recording a rising red histogram, highlighting increasing selling pressure. In addition, the averages are showing a bearish convergence, suggesting a negative price action for the AI token in the near future.
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 price on the chart will fall towards its low of $0.1250.
Theta Network (THETA):
Despite having jumped more than 5% in the last day, the Theta Network Price It has dropped 15% in the last seven days and 42.28% in the last 30 days.
TradingView: THETA/USDT
With a trading price of $1,277 and a circulating supply of 1 billion THETA tokens, this AI token has secured the 56th position in the global cryptocurrency market list with a market cap of $1,288 billion.
If bears continue to dominate the cryptocurrency market, THETA price will decline towards its crucial support level of $0.855. Positively, if bulls regain power, Theta Network price will prepare to test its upper level of $1.975.