AGIX And OCEAN AI Tokens To Lead The Bull Rally With Massive Price Breakout?

AGIX And OCEAN AI Tokens To Lead The Bull Rally With Massive Price Breakout?

The post AGIX And OCEAN AI Tokens To Lead The Bull Rally With Massive Price Breakout? appeared first on Coinpedia Fintech News

The Artificial Intelligence (AI) category continues to dominate the cryptocurrency market for the second consecutive day, indicating a rising dominance of AI tokens over the elite cryptocurrencies in the crypto space.

Notably, Fetch.ai (FET) price and Turbo (TURBO) have recorded the highest gains from the AI category over the past day. Further, SingularityNET (AGIX), and Ocean Protocol (OCEAN) have recorded similar trends by adding over 20% to their respective portfolios, highlighting increased bullish action.

With the ongoing bull market, will AGIX price and OCEAN price surge another 30% this month? Let’s go, as in this article, we have covered the price analysis and market sentiments for SignularityNET (AGIX) and Ocean Protocol (OCEAN) for this month.

SingularityNET Hints Another Price Surge This Month?

After displaying a bearish price action since the month’s start, the AGIX price has displayed a strong bullish price action this week by adding 24.55% to its portfolio within the past 24 hours. Furthermore, the altcoin has surged 35.02% over the past 2 days, highlighting increased positive influence.

The technical indicator, SMA, displays a positive crossover in the 1D time frame, indicating an increase in the buying-over-selling pressure for AGIX crypto in the market.

On the other hand, the Relative Strength Index (RSI) records a sharp rise below the oversold range, highlighting increased bullish sentiment in the crypto space. Moreover, the average shows a bullish convergence, suggesting the price will continue gaining value this week.

If the AI tokens continue experiencing positive influence from the crypto market, the AGIX coin price will prepare to test its upper high of $1 in the coming time. However, if the investors start booking profits, the SingularityNET price will plunge toward its lower support level of $0.380.

OCEAN Price Records A Bullish Reversal:

The Ocean Protocol price has recorded a strong bullish reversal in its price chart below its important level of $0.5930, resulting in it adding approximately 35% in valuation this week. Further, with the rising positive influence, the OCEAN price is predicted to continue gaining value this week.

With a trading price of $0.6741, a circulating supply of 1,408,900,141 OCEAN tokens, and a total supply of 1,410,000,000 OCEAN tokens, the Ocean Protocol crypto has successfully secured the 153rd position in the global crypto-list with a market capitalization of $378.332 Million.

The Moving Average Convergence Divergence (MACD) shows a constant decline in the red histogram, indicating increased price action for the AI token in the crypto space. Furthermore, the averages record a high possibility of a bullish convergence, suggesting a positive outlook.

If the market trades under a bullish sentiment, the Ocean Protocol price will prepare to test its upper resistance level of $0.9990 this month. Conversely, if a bearish reversal occurs, the OCEAN crypto will plunge toward its important support level of $0.5930.