While market leader Bitcoin price recorded a positive bounce on its chart, the cryptocurrency market displayed similar price action by adding significant valuations to their respective portfolios.
Additionally, the Artificial Intelligence (AI) category managed to regain momentum, with major AI tokens recording double-digit gains over the past 24 hours.
Dive into this article as we have covered the top 5 artificial intelligence (AI) tokens that have the potential to see significant gains in their respective portfolios over the next few years.
Akash Network (AKT):
The price of AKT has dropped by around 1% in the last seven days and by 19.80% in the last 30 days. However, with a jump of 19.09% and a trading volume of $56.50 million in the last day, this AI token shows a strong possibility of a bullish price action.
With a trading price of $3,470, AKT price has a market cap of $886.349 million with a circulating supply of 243,157,044 AKT and a max supply of 388,539,008 AKT tokens.
A bullish price action could lead Akash Network price to test its $5,180 high. However, if a bearish reversal occurs, AKT price could retest its $2,250 low.
Alliance for Artificial Superintelligence (ASI):
After trading in a bearish mood for about a week, the Artificial Superintelligence Alliance price has seen a rise of about 6% in its valuation. Moreover, its year-to-date return is 70.21%, which highlights a long-term bullish sentiment.
The Moving Average Convergence Divergence (MACD) is showing a constant flat line in its price chart, suggesting weak price action for the AI token in the market. Moreover, registering a neutral trend, suggesting uncertainty about the future price action.
If the market sustains ASI price above its important support level of $1.285, the bulls will prepare to test its upper resistance level of $1.855. Conversely, if the bears dominate the bulls, the Artificial Superintelliegnce Alliance price will plunge towards its low of $0.816.
Rendering (RNDR):
Amid continued market recovery, the RNDR coin price has seen a gain of around 2% over the past day. However, it has lost 9.38% over the past seven days and 37.61% over the past 30 days.
At the time of writing, the price of Render token was $6,566. Moreover, with a circulating supply of 388,650,384 RNDR tokens, the price of RNDR has managed to become the 29th largest cryptocurrency with a market cap of $2.617 billion.
If the market regains momentum, Render price will prepare to test its upper resistance level of $9.450. Conversely, if the bears have dominated the bulls, RNDR price will plunge towards its crucial support level of $5.30.
The graph (GRT):
Graph price is up 6.15% in the last day with a trading volume of $58.49 million. Additionally, the AI token has lost 14.87% in the last seven days and 40.09% in the last month.
The technical indicator, MACD, is registering an ascending red histogram, highlighting an increase in selling pressure. Additionally, the averages are displaying a bearish convergence, suggesting negative price action for the AI token in the times to come.
If the market sustains GRT price above the $0.1775 support level, the bulls will regain their momentum and prepare to test its upper resistance level at $0.2325. However, in case of bearish action, the chart price could plunge towards its $0.1250 low.
Theta Network (THETA):
Despite surging by more than 5% over the past day, Theta Network price has fallen by 15% over the past seven days and by 42.28% over the past 30 days.
With a trading price of $1.277 and a circulating supply of 1 billion THETA tokens, these AI tokens secured the 56th position in the global crypto market list with a market cap of $1.288 billion.
If the bears continue to dominate the cryptocurrency market, THETA price will fall towards its crucial support level of $0.855. On the positive side, if the bulls regain power, Theta network price will prepare to test its upper level of $1.975.
