By Elena R 7 July 2024 | 12:30 am

Top AI Tokens To Stack Amid Bullish Reversal!

The post Top AI Tokens To Stack Amid Bullish Reversal! appeared first on Coinpedia Fintech News

With the market leader Bitcoin price recording a positive bounce back in its chart, the crypto market has displayed a similar price action by adding significant valuations to their respective portfolios.

Furthermore, Artificial Intelligence (AI) category has successfully regained momentum with top AI tokens recording a double digit gains within the past 24 hours.

Dive in as, in this article, we have covered the top 5 Artificial Intelligence (AI) tokens that have the potential to record significant gains in their respective portfolios during the coming time.

Akash Network (AKT):

The AKT price has dropped approximately 1% within the past seven and 19.80% over the past 30 days. However, with a jump of 19.09% and a trading volume of $56.50 Million within the past day, this AI tokens displays a high possibility of a bullish price action.

Akash Network Price Analysis
TradingView: AKT/USDT

With a trading price of $3.470, the AKT price has a market capitalization of $886.349 Million with a circulating supply of 243,157,044 AKT, and a maximum supply of 388,539,008 AKT tokens.

A bullish price action could result in the Akash Network price testing its upper high of $5.180. However, if a bearish reversal occurs, the AKT price could retest its low of $2.250.

Artificial Superintelligence Alliance (ASI):

After trading under a bearish sentiment for about a week, the Artificial Superintelligence Alliance price has recorded a jump of approximately 6% in valuation. Moreover, it has a YTD return of 70.21%, highlighting a long-term bullish sentiment.

ASI Price Analysis
TradingView: ASI/USDT

The Moving Average Convergence Divergence (MACD) displays a constant flatline in its price chart, suggesting a weak price action for the AI token in the market. Moreover, record a neutral trend, suggesting uncertainty in the future price action.

If case the market holds the ASI price above its important support level of $1.285, the bulls will prepare to test its upper resistance level of $1.855. Conversely, if the bears overpowered the bulls, the Artificial Superintelliegnce Alliance price will plunge toward its low of $0.816.

Render (RNDR):

Amid ongoing market recovery, the RNDR coin price has recorded a jump of approximately 2% in valuation within the past day. However, it has lost 9.38% within the past seven days and 37.61% over the past 30 days.

Render Price Analysis
TradingView: RNDR/USDT

At the time of writing, the price of Render token was $6.566. Further, with a criculating 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, the Render price will prepare to test its upper resistance level of $9.450. Conversely, if the bears overpowered the bulls, the RNDR price will plunge toward its crucial support level of $5.30.

The Graph (GRT):

The Graph price has surged 6.15% within the past day with a trading volume of $58.49 Million. Moreover, the AI token has lost 14.87% within the past seven days and 40.09% over the past month.

The Graph Price Analysis
TradingView: GRT/USDT

The technical indicator, MACD, records a rising red histogram, highlighting an increase in the selling pressure. Furthermore, the averages display a bearish convergence, suggesting a negative price action for the AI token in the coming time.

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 Graph price to plunge toward its low of $0.1250.

Theta Network (THETA):

Despite recording a jump of over 5% within the past day, the Theta Network price has dropped 15% within the past seven days and 42.28% over the past 30 days.

Theta Network Price Analysis
TradingView: THETA/USDT

With a trading price of $1.277 and a circulating supply of 1 Billion THETA tokens, this AI tokens has secured the 56th position in th eglobal crypto market list with a market capitalization of $1.288 Billion.

If the bears continue to dominate the crypto market, the THETA price will drop toward its crucial support level of $0.855. Positively, if the bulls regain power, the Theta Network price will prepare to test its upper level of $1.975.