Top 3 Artificial Intelligence (AI) Tokens Poised for Massive Surge
The cryptocurrency market has been on a rollercoaster ride over the past few days, with a staggering $150 Billion added to its valuation. Bitcoin, the leading cryptocurrency, has successfully reclaimed the $58,000 mark during the early Asian trading hours today, indicating a bullish sentiment in the market.
Not only has Bitcoin seen a surge in price, but the AI category has also displayed a similar trend with a 2.33% increase in its valuation. Top Artificial Intelligence tokens have shown a double-digit surge, pointing towards a positive outlook for the future.
In this article, we will cover the top 3 Artificial Intelligence (AI) tokens that have the potential to record a massive surge in their portfolios in the upcoming weeks.
Injective Price Successfully Retests Its Crucial Support:
Amid increased volatility in the cryptocurrency market, the INJ price has jumped approximately 5% within the past day, with a trading volume of $119.64 Million. The AI token has retested its crucial support, indicating a positive influence in the market.
The technical indicator, MACD, shows a constant decline in the red histogram, suggesting an increase in buying pressure. The Injective price is expected to continue trading under a positive influence, heading towards its upper resistance level of $28.25 if the bulls continue to dominate the market.
Render Price Displays Increased Price Action:
The RNDR price has seen a jump of approximately 5% within the past day, regaining momentum in the market. Currently trading at a discount of over 50%, this AI token presents an excellent opportunity for investors.
The EMA 50/200-day indicator highlights a high possibility of a Death Cross in the 1D time frame. However, the RSI indicator shows a potential bullish convergence in the price chart, indicating a mixed sentiment for the Render price.
Theta Network Price On The Verge Of Testing Its Important Resistance Level:
The THETA price has displayed a positive price action for the third consecutive day, adding approximately during this time. With a 7.23% jump within the past day, the altcoin is on the verge of testing its important resistance level.
The MACD indicator suggests a weak price action for the Theta Network price, with neutral averages indicating uncertainty in future price action. If the market pushes the THETA crypto above its resistance level of $1.410, it will prepare to test its upper resistance level of $1.975. On the other hand, a bearish momentum could pull the price towards its low of $0.930.
Overall, the cryptocurrency market is showing signs of bullish sentiment, with AI tokens like Injective, Render, and Theta Network poised for potential surges in the coming weeks. Investors should keep a close eye on these tokens for potential investment opportunities.