The cryptocurrency market has seen a significant increase in valuation, with an addition of approximately $150 Billion over the past 3 days. Bitcoin has successfully reclaimed the $58,000 mark during the early Asian trading hours today.
Moreover, there is an increase in bullish sentiment among the top altcoins, with the AI category showing a similar trend by adding 2.33% to its category’s valuation. Top Artificial Intelligence tokens have also displayed a double-digit surge, indicating a bullish outlook.
In this article, we will cover the top 3 Artificial Intelligence (AI) tokens that have the potential for a massive surge in their portfolios in the upcoming weeks.
Injective Price Successfully Retests Its Crucial Support:
Amid increased volatility in the cryptocurrency market, the INJ price has jumped approximately 5% within the past day with a trading volume of $119.64 Million, a change of +9.80%. The AI token has retested its crucial support, indicating an increased positive influence.
The technical indicator, MACD, has shown a constant decline in the red histogram, indicating an increase in buying pressure within the crypto space. The averages show a bullish convergence, suggesting that the Injective price will continue trading under a positive influence.
If the bulls continue to dominate the crypto market, the Injective price will head towards its upper resistance level of $28.25. Conversely, a negative reversal could pull the INJ crypto towards its crucial support level of $16.75.
Render Price Displays Increased Price Action:
The RNDR price has seen a jump of approximately 5% within the past day, regaining momentum. This AI token is currently trading at a discount of over 50%, presenting an excellent opportunity to acquire more tokens due to its strong fundamentals.
The EMA 50/200-day displays a constant decline, indicating a high possibility of a Death Cross in the 1D timeframe.
On the other hand, the RSI indicator shows a constant rise with a potential bullish convergence in its price chart. Considering both indicators, the Render price reflects a mixed sentiment.
If the crypto market sees bullish price action in the next few days, the Render token could test its upper resistance level of $9.450 this July. However, bearish price action may push the RNDR coin price towards its low of $5.30.
Theta Network Price On The Verge Of Testing Its Important Resistance Level:
The THETA price continues to show positive price action for the third consecutive day, adding approximately during this time. The altcoin has jumped 7.23% within the past day, with a change of +2.89% in its trading volume to $20.809 Million.
The MACD indicator shows a constant flatline in its chart, indicating weak price action for the Theta Network price in the market. The averages record a neutral trend, suggesting uncertainty in future price action.
If the market pushes the THETA crypto above its resistance level of $1.410, the altcoin will prepare to test its upper resistance level of $1.975. Conversely, if the bears regain momentum, the Theta Network price will drop towards its low of $0.930.
