The cryptocurrency market has also seen a similar price movement as the price of market leader Bitcoin has recorded a positive bounce on the charts, adding significant valuation to the respective portfolios.
Additionally, the artificial intelligence (AI) category managed to regain momentum, with the top AI tokens posting double-digit gains within the past 24 hours.
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 in the coming years.
Akash Network (AKT):
AKT price has fallen by around 1% over the past seven days and 19.80% over the past 30 days. However, a 19.09% increase over the past day and trading volume of $56.5 million suggests that this AI token has a good chance of a bullish price movement.
Trading View: AKT/USDT
Trading at $3.470, the AKT price has a market cap of $886,349,000, a circulating supply of 243,157,044 AKT, and a maximum supply of 388,539,008 AKT tokens.
A bullish price movement could see Akash Network price test the upper high of $5.180, however, if a bearish reversal occurs, AKT price could retest the low of $2.250.
Alliance for Artificial Superintelligence (ASI):
After about a week of bearishness, Artificial Superintelligence Alliance shares have risen by about 6% in valuation. Additionally, its year-to-date return of 70.21% highlights a long-term bull market.
Trading View: ASI/USDT
The Moving Average Convergence Divergence (MACD) is showing a certain flat line on the price chart, indicating that the AI Token’s price movement in the market is weak. Moreover, it is recording a neutral trend, suggesting uncertainty about future price movements.
If the market sustains the ASI price above the critical support level at $1.285, the bulls will be ready to test the upper resistance level at $1.855. Conversely, if the bears overpower the bulls, Artificial Superintelliegnce Alliance price will plummet towards the lows of $0.816.
Rendering (RNDR):
As the market recovery continues, RNDR coin price has increased by around 2% in the past day, however, it has fallen by 9.38% in the past 7 days and 37.61% in the past 30 days.
TradingView: RNDR/USDT
At the time of writing, the price of the Render token was $6.566. Additionally, the circulating supply of 388,650,384 RNDR tokens makes it the 29th largest cryptocurrency with a market cap of $2.617 billion.
If the market regains momentum, the RNDR price will be ready to test the upper resistance level at $9.450. Conversely, if the bears overpower the bulls, RNDR price can plummet towards the critical support level at $5.30.
Graf (GRT):
The price of Graf has increased by 6.15% in the past day, with trading volume reaching $58.49 million. Additionally, the AI token has fallen by 14.87% in the past seven days and 40.09% in the past month.
TradingView: GRT/USDT
The technical indicator MACD has recorded a rising red histogram, highlighting the growing selling pressure. Moreover, the averages are showing a bearish convergence, suggesting a decline in the AI Token price in the coming days.
If the market sustains the GRT price above the support level at $0.1775, the bulls will regain momentum and be ready to test the upper resistance level at $0.2325. However, in case of a bearish move, the Graph price can plummet towards the lows at $0.1250.
Theta Network (THETA):
Despite recording a rise of over 5% in the past day, Theta Network price has fallen 15% in the past seven days and 42.28% in the past 30 days.
Trading View: THETA/USDT
With a trading price of $1.277 and a circulating supply of 1 billion THETA tokens, the AI token has a market capitalization of $1.288 billion, earning it the 56th spot on the global crypto market list.
If the bears continue to dominate the cryptocurrency market, THETA price will drop towards the critical support level of $0.855, whereas if the bulls regain their strength, Theta Network price will be ready to test the upper limit of $1.975.
