🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
These 3 AI altcoins are showing strength after a prolonged period of fall.
Artificial intelligence-related tokens (AI) are making a strong comeback in the market, with notable names such as Bittensor (TAO), Render (RNDR), and AIOZ Network (AIOZ). The positive price movement in the last 24 hours is a clear testament to this recovery. Leading the group is TAO, with a price increase of over 2% for the day, currently trading around $254 at the time of writing. Meanwhile, RNDR and AIOZ are also part of the bullish wave, sitting at $4.05 and $0.27, respectively.
Token AI stirs up the gloomy altcoin season
The current bullish cycle of the cryptocurrency market is raising the question: Is an actual altcoin season approaching? Bitcoin has recorded impressive growth in Q4 2024, largely driven by the impact of the U.S. presidential election. This upward trend continues to be maintained in the early weeks of 2025, thanks to expectations of the establishment of a strategic Bitcoin Reserve Fund and a national digital asset repository, according to the commitment of President Donald Trump.
On January 20, Bitcoin established a local peak at $109,588 — a milestone marking a short-term peak and simultaneously opening up a slowly bullish phase, especially for most altcoins.
Meanwhile, altcoin investors are experiencing a prolonged correction phase, primarily due to declining liquidity and a shift in market structure — as capital increasingly moves from retail investors to institutions, especially after the approval of spot Bitcoin ETFs.
The current market landscape shows a distinct cautious sentiment, with expectations adjusted to more realistic levels, far from the exuberant bullish phases in previous cycles. According to Bitcoin Magazine, capital is trending away from major altcoins and pouring into Bitcoin along with meme coins. However, with the rapid pace of volatility and continuously changing market depth, the market structure in the medium and long term is forecasted to become increasingly complex and unpredictable.
Bittensor approaches 50% breakthrough
Bittensor – a decentralized open-source protocol applying blockchain technology in machine learning networks, allowing AI models to collaborate in training – is approaching a breakout above the "descending wedge" pattern. On the daily chart, TAO is currently testing the resistance line at the upper edge of the pattern, coinciding with the 50-day exponential moving average (EMA) around the $264 mark.
The RSI indicator is currently at 54.46 – reinforcing the bullish scenario. As this index continues to rise and approaches the overbought threshold, buying pressure may be triggered more strongly as more traders start to enter the market, thereby adding momentum to the upward trend of TAO.
Render regains an important support level
Render (RNDR) has strongly rebounded from the lower boundary of the descending parallel channel in March, opening up opportunities for the bulls to reclaim the important support area around the average of the channel. Despite the fluctuations caused by concerns over tariff policies under President Trump, this support area has remained resilient, creating momentum for a dominant buying force to return.
The RSI indicator has now risen to 59 and is approaching the overbought zone, indicating that bullish momentum is clearly improving, reinforcing the optimistic outlook in the short term. However, if the RSI touches or exceeds the threshold of 70, profit-taking pressure may emerge due to the heightened risk of overbought conditions, putting the price at risk of a short-term correction.
AIOZ Network accumulates before breaking out
As of the time of writing, AIOZ is trading around $0.27, recording a decrease of 1.27% in the past 24 hours. Profit-taking pressure has somewhat restrained the recent recovery, especially as the price approaches significant technical levels. Specifically, the 50-day EMA at $0.30 along with the key resistance area at $0.35 – previously a long-term support – is acting as a psychological barrier causing many traders to opt for early action.
Global Outlook: The Impact of Trump's Tax Policy
Globally, Federal Reserve Chairman Jerome Powell has warned of greater-than-expected impacts from President Trump's tariff policies. Powell predicts that inflation in the U.S. will rise higher, leading to higher interest rates and ultimately slower economic growth. In this context, the digital asset market may face the risk of declining liquidity, while price corrections may last longer than anticipated.
You can view the detailed coin price here.
Disclaimer: This article is for informational purposes only and is not investment advice. Investors should conduct thorough research before making decisions. We are not responsible for your investment decisions.
SN_Nour