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Top 3 AI Tokens for Huge Gains This Q3!
With the cryptocurrency market seeing a valuation increase of around $150 billion in the last 3 days, the price of Bitcoin has successfully reclaimed the $58,000 mark during early Asian trading hours today.
Furthermore, with an increase in bullish sentiment among major altcoins, the AI category showed a similar trend by adding 2.33% to its category valuation. Additionally, major AI tokens showed a double-digit surge, indicating an increase in bullish outlook.
Scroll down because in this article we have covered the top 3 artificial intelligence (AI) tokens that have the potential to see a huge surge in their respective portfolios in the coming weeks.
Injection price successfully retests its crucial support:
Amidst the increasing volatility of the cryptocurrency market, Price INJ jumped about 5% over the past day with a trading volume of $119.64 million, a change of +9.80%. Additionally, the AI token retested its crucial support, indicating a stronger positive influence.
TradingView: INJ/USDT Exchange Rate
The technical indicator, MACD, has shown a steady decline in the red histogram, indicating an increase in buying pressure within the crypto space. Additionally, the averages are showing a bullish convergence, suggesting that the Injection price will continue to operate under a positive influence.
If bulls continue to dominate the cryptocurrency market, Injective price will head towards its upper resistance level of $28.25 in the near future. On the contrary, a negative reversal could push INJ cryptocurrency towards its crucial support level of $16.75.
The rendering price shows an increase in price action:
With a jump of about 5% in the last day, the RNDR Price has successfully regained momentum. Furthermore, this AI token is currently trading at a discount of over 50%, making it an excellent opportunity to accumulate more tokens as it has strong fundamentals.
TradingView: RNDR/USDT
The 50/200 day EMA is showing a steady decline, highlighting a high possibility of a Death Cross in the 1D time frame.
On the other hand, the RSI indicator has been showing a steady increase with a potential bullish convergence in its price chart. Taking both indicators into consideration, the Rendering Price shows a mixed feeling.
If the cryptocurrency market experiences a bullish price action in the coming days, it could lead to the Render token testing its upper resistance level of $9,450 this July. However, a bearish price action could push the RNDR coin price towards its low of $5.30.
Theta Network price is about to test its important resistance level:
THE THETA Price continues to show positive price action for the third consecutive day adding approximately during this period. Furthermore, the altcoin jumped 7.23% over the past day with a +2.89% change in its trading volume to $20.809 million.
TradingView: THETA/USDT
The MACD indicator has shown a steady flat line in its chart, suggesting weak price action for the Theta Network Price in the market. Furthermore, the averages are trending neutral, suggesting uncertainty in the future direction of prices.
If the market pushes THETA cryptocurrency above its resistance level of $1,410, this altcoin will prepare to test its upper resistance level of $1,975. On the negative side, if the bears regain momentum, the Theta network price will drop towards its low of $0.930.