crypto

Analysis of the Top AI Coins Prices; Graph, Oasis, Fetch.ai

Published 13 seconds ago by
Brian Bollinger Top AI Coins Analysis: Since the launch of ChatGPT (a chatbot created by OpenAI), the term AI (Artificial intelligence), has been buzzing around the crypto market and the world. The popularity of this AI technology has led to significant gains in cryptocurrency prices, despite uncertain market sentiment. Thus, today we will analyze some of the top AI coins to check their future potential.advertisementGraph Token(GRT)Source- TradingviewUnder the influence of trending AI topics and a rounding bottom pattern, the Graph token price has witnessed massive growth since February 1st. The Graph token price has seen a massive growth since February 1st, thanks to the influence of trending AI topics and a rounding bottom pattern. This high-volume breakout also indicates that the buyer is committed to reclaiming higher levels. The GRT price is trading at $0.171 at press time. It is currently going through a minor pullback in order to test the breached resistance level. Trending Stories If the coin price is stable above $0.15, traders could consider an entry opportunity. Trending StoriesIf the coin price shows sustainability above $0.15, the trades could look for an entry opportunity. Source: Tradingview. The ROSE token is forming a rounding top pattern, similar to the GRT token. The coin price has doubled its market volume since January 1st and is currently at $0.068. If the selling pressure continues, the coin holders might see a slight pullback to reach the $0.059 support. Thus, once the bullish momentum replenishes, the altcoin may resume its recovery, and the buyers will chase the neckline resistance of $0.116, recording 68% growth potential.Fetch.ai(FET)Source- TradingviewThe Fetch.ai(FET) coin shows another classic example of a rounding bottom pattern. This pattern is a sign that the trend is changing and that bullish momentum is increasing. The FET price rose 500% from its January 1st low to reach the multi-month resistance at $0.545. This was due to the bullish pattern and increased demand for AI-related tokens. The FET price rallied 500% from the January 1st low and reached the multi-month resistance of $0.545. The selling pressure could cause prices to fall to future support at $0.305 or $0.25. Thus, the traders could grab a pullback opportunity at the aforementioned support.advertisementThus, if the bullish momentum recovers, an upward breakout from $0.54 could drive the price 84% higher to reach the $1 mark.Share this article on:About author
Disclaimer
The content presented may contain the author’s personal opinion and may not reflect current market conditions. Before investing in cryptocurrency, do your market research. Close Story