Bitcoin's range-bound action looks set to continue, but SUI, APT, TAO, and WIF could rally higher over the coming days.
FET may be on the verge of registering a massive rally, which could push the token up by 100%.
Bittensor (TAO) has recently shown impressive price momentum after a period of consolidation. Investors are now questioning whether this altcoin can achieve a significant milestone, specifically reaching a price of $800.
From meme coins to AI crypto tokens, it's possible to find cryptocurrencies that are posting gains of 100% or higher this year.
Render (RNDR) has been consolidating within a symmetrical triangle pattern for the past three months, indicating a period of indecision in the market. Currently, the token is holding steady near $5.50 after bouncing off a key support level, leaving traders on edge as they wait for a potential breakout.
Artificial Superintelligence Alliance (FET) has remained on the radar of investors, especially as AI coins have been one of the best-performing altcoins this cycle. In the last 365 days, FET's price has increased by a staggering 585%.
NEAR was also a top performer, gaining 5.1%.
Robinhood Crypto EU, a digital assets trading platform, sparked noteworthy market optimism for the AI token Render Network on Friday. As the trading platform revealed listing for RENDER, bullish market sentiments enveloped the digital asset's long-term prospects.
The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours.
FET has experienced a 5% decline over the past week and now faces further downward pressure as dormant token holders reactivate and move their coins.
FET's price could drop by 20% to reach the $1.03 level as it fails to hold a crucial support level.
Fetch.ai partners with Imperial College London's I-X Hub and launches a $10 million fund for AI startups and innovative tech development.
The lab's establishment could accelerate AI innovation, foster industry-academia collaboration, and drive impactful technological advancements globally. The post Fetch.ai opens new lab in London, focusing on AI, machine learning, and autonomous systems appeared first on Crypto Briefing.
Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP).
Return to our column on the analysis of the crypto world, today we will cover three assets in particular: FET, ONDO, BLUR.
After recording a consolidated price action for a brief period, the Bittensor price has regained momentum by adding numbers to its valuation within weeks.
Render (RNDR) price has been struggling recently, with key metrics showing it's falling behind compared to the top three AI-focused cryptocurrencies. Despite its position in the AI sector, RNDR has been unable to attract large holders, or whales, which are crucial for driving liquidity and price movement.
Whale activity spikes as Render's price tests a key symmetrical triangle support level.
TAO skyrockets 300%! Can this bullish momentum sustain, or is a correction looming?
Bittensor (TAO) is currently making headlines in the cryptocurrency space, having experienced an impressive 16% surge in the past 24 hours. This notable increase positions TAO among the top gainers in the market, particularly within the rapidly evolving AI cryptocurrency sector.
With the growing advancement of the crypto market and the world becoming more digital, investors are looking for the next prospects that they think can provide them with high profits.
Michaël van de Poppe, a prominent figure in the cryptocurrency trading community, recently articulated his optimistic outlook for two specific altcoins: Sui Network (SUI) and Bittensor (TAO). With expectations that both could reach new all-time highs, van de Poppe's insights are especially pertinent for investors seeking opportunities in the current market landscape.
Nvidias stock has hit a six-week high, triggering sharp rallies in AI tokens NEAR, TAO, and FET. Analysts expect the bullish trend to continue as Nvidia unveils more AI advancements at its summit.
FET exhibits bullish patterns but is set for a decline.
Bitcoin (BTC) found support at around $62,000, helping it stabilize and prevent a further decline. The world's largest cryptocurrency has shed almost 2% over the past 24 hours after facing considerable volatility over the previous week, which saw highs of over $65,000 and a low of $59,800.
TAO has shown strong bullish momentum, potential for $800 if growth is continued.
AI coins have witnessed significant price gains alongside the Nvidia stock, which hit a six-week high with recent bullish developments for the company. These coins have a positive price correlation with the NVDA stock and could continue to rally with the tech company expected to make some bullish announcements at its summit which began today.
Artificial Superintelligence Alliance (FET) has been on a downward trend since September 25, losing 9% of its value. While the dip might appeal to investors seeking buying opportunities, the token's technical setup indicates a potential further decline of up to 50%.
TAO rallied 164% in the last 30 days and data suggests there is room for the AI token to move higher.
Bittensor (TAO) continues to draw attention as one of the most widely mentioned AI tokens. The project also gains social media exposure through high-profile accounts.
FET is showing renewed positive strength, with recent price action suggesting a breakout toward the $1.8 resistance level may be on the horizon. After bouncing back from key support zones, the cryptocurrency has caught the attention of traders as upward pressure begins to build.
Bittensor (TAO) stands out as an intriguing project at the intersection of blockchain technology and artificial intelligence. With its current price sitting at approximately $581.25, many investors are curious about what the future holds for TAO.
Bittensor (TAO) has seen significant bullish momentum recently, pushing its price above the $600 mark.
Bittensor (TAO) has been garnering attention for its exceptional performance, surpassing Bitcoin and the broader cryptocurrency market. TAO has experienced a 15% increase in the past 24 hours, and it has appreciated by over 130% in the past 30 days.
When Open Interest increases alongside the price, it shows that more money is flowing into TAO.
Amid increased price volatility in the cryptocurrency market, the Artificial Intelligence (AI) category has regained momentum over the past day. This has resulted in major tokens from this category recording a massive price surge within a short period.
It appears that the Artificial Superintelligence Alliance (FET) is poised for a massive price decline as it has formed a bearish price action pattern on a daily time frame. In addition, FET's on-chain metrics such as future open interest, Long/Short ratio, and liquidation levels are signaling bearish market sentiment and potential price decline.
Recent price action is painting a bearish picture for FET, with the Relative Strength Index (RSI) signaling the potential for further declines. As the RSI hovers in bearish territory, the momentum seems to be favoring sellers, raising concerns of a deeper downturn.
Bittensor (TAO) is gaining attention, along with other top earners in the AI narrative. TAO had its most successful month so far, earning more than 100% in September.
OpenAI's latest funding could be a great development for the Sam Altman-led company. However, for Artificial Intelligence (AI) coins, including Bittensor (TAO) and Artificial Superintelligence Alliance (FET), it is a classic “sell the news” event.
For now, however, the poor short-term performance does not seem to have affected the medium-term one.
AI and big data tokens lose ground, with NEAR suffering the biggest hit amid a broader market decline.
FET price has seen significant price action recently, driven in part by shifting market sentiment following CUDOS' addition to the Artificial Superintelligence Alliance (ASI). Despite this development, some concerns have emerged regarding FET's price potential.
Bittensor (TAO) price and the rest of the crypto market are down following rising geopolitical tensions in the Middle East. For many investors, the crypto market's ‘Uptober' rally is at risk of being cut short if Bitcoin price slides lower.
With BTC's price holding its value above the $64k level, the market has experienced increased bullish action. Moreover, the memecoin and AI categories have recorded the highest gains within a short period.
FET price is showing some unusual patterns that could impact its direction in the near future. Recent activity from major holders has caught attention, raising questions about what's next for the token.
Fetch AI (FET) price has recently experienced a notable increase despite minor market downturns, highlighting its resilience. This outlook can be attributed to the upcoming Coinbase listing of FET perpetual futures, which may catalyze further gains.