The article discusses the growing adoption of artificial intelligence (AI) in the cryptocurrency sector and highlights three AI crypto coins that have the potential for significant growth. According to sector performance data, AI-powered blockchain projects have gained investor confidence and outperformed the overall crypto market. The article analyzes the price charts and technical setups of each coin.
1. Internet Computer Protocol (ICP): The ICP coin is currently trading at $11.13, with a support level at $9.76. The chart analysis shows a Cup & Handle reversal pattern, suggesting a potential 80% increase before challenging resistance levels at $19.65, $37.8, $56, and $74.5.
2. Bittensor (TAO): The TAO coin is trading at $501 and has been consolidating between horizontal levels of $195 and $743. If the broader market supports, the coin could break the $743 resistance level, indicating a major trend.
3. Artificial Superintelligence Alliance (FET): The FET token is currently trading at $502 and has been forming a symmetrical triangle pattern. The article suggests that the pattern could lead to a temporary sideways movement before a breakout with renewed bullish momentum, potentially resulting in a 40% price increase.
Overall, the article highlights the potential growth opportunities of these AI crypto coins based on their technical setups and market performance.
Analytics Company Researcher Says “I’m Not Buying Right Now” Despite Bitcoin’s Decline, Explains Why