Amid Market Recovery Top AI Tokens To Buy For A 100% Jump
The post Amid Market Recovery Top AI Tokens To Buy For A 100% Jump appeared first on Coinpedia Fintech News
Amidst the recovering market, the bullish trend in AI tokens is gaining momentum for a reversal run. The top AI tokens like the AIOZ, RNDR, and TAO, with massive intraday gains, tease a bullish month ahead.
So, let’s look closer at the top AI tokens to buy as the market continues to bounce back.
TOP AI Tokens To Buy: AIOZ Network (AIOZ)Despite a declining channel in the daily chart, the ongoing bullish cycle in the AIOZ token teases a trend reversal. Taking support from the $0.40 level, the lower price rejection from the support trendline heads to the 200D EMA.
The bounce-back accounts for a 21% surge and undermines the 48-hour bearish trend. As buyers struggle to avoid a death cross in the 50D and 200D EMA, the AI token stands at a crossroads.
An uptrend continuation in the AI token leading to a breakout event could reach the $1 psychological mark.
Render (RNDR)Despite a falling wedge breakdown, contrary to general expectation, the market crash drops the RNDR price to $3.63. However, a bullish comeback for a retest of the broken trendline signals potential comeback opportunity.
With an uptick in the daily RSI line, the oversold nature of Render is likely to result in a relief run. However, the death cross between the 50D and 200D EMA remains a bearish sigil.
The AI token must surpass the 78.60% Fibonacci level at $268 to reclaim the upper hand. An extended rally could aim for the 23.60% level at the psychological mark of $10.
Bittensor (TAO)Following the intense fallout from the $350 resistance, the double-top reversal hits the $200 mark. However, the TAO token sustains dominance at the $200 mark with a morning star pattern.
With an intraday growth of 3.52%, the AI token teases a triple white soldier pattern and resistance at the 23.60% Fib level at $268. On the upside, the RNDR token could reach the double bottom neckline at $358. An extended uptrend with a breakout run could hit the $600 milestone.