AI tokens performing the best in the rising trend of performance

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The cryptocurrency market is rising along with Bitcoin, while AI tokens are trying to recover from their losses over the past three weeks. AI tokens moving within the rising trend since the beginning of the week are NEAR and FET. Along with the overall optimism in the market, the two altcoins that continued to rise over the weekend also carry signs of a bullish rally with technical indicators.

NEAR network is growing with updates

The artificial intelligence token NEAR Protocol, which has risen by 25% since last week, implemented the Nightshade 2.0 network upgrade on Saturday to increase scalability. In addition, it has reached the highest peak in the last three weeks, rising by 6% in the past 24 hours to $4.98. The rapid growth in the NEAR community, which has reached 120,000 members, has strengthened the AI token.

NEAR technical chart Source: CoinMarketCap The altcoin, which also shows an upward momentum in its technical chart, has approached the zero zone for the MACD line. The Relative Strength Index (RSI) has been trending upwards for the past four days. If it can maintain the upward momentum, NEAR may retest $6.4 and then $8.7 with the market recovery.

FET AI token is in a strong uptrend

Regardless of market fluctuations, FET, one of the tokens with the highest increase during the week, is trading above the 50-day Exponential Moving Average (EMA). At the time of writing, FET, trading at $1.26, has its MACD indicator moving above the signal line and approaching the zero point on the graph.

FET Technical Chart - RSI Source: CoinMarketCap The positive DI in the DMI index has been moving upwards for three days, above the ADX and signal lines. This raises optimism for the upcoming period, while the RSI value approaches the overbought zone of 70. If FET can continue its upward trend, it can easily rise above the $1.47 level.

Crypto All-Stars raised over 700,000 funds!

While AI tokens are growing, meme coins are also showing a strong rise over the weekend. However, it is unknown whether this rise, which is based on general market movements, will continue. Crypto All-Stars, which brings together popular meme coins, offers an advantageous opportunity for crypto stakers.

Buy Crypto All Stars

Crypto All-Stars; PEPE, SHIB, FLOKI, and many other meme coins are brought together on a single platform to enable staking. Crypto All-Stars, which launched the world's first integrated staking with the MemeVault ecosystem, is selling 1 STARS token for $0.0014022 in the presale. Additionally, the project has raised $724,152.6 in funding within a short period of time and promises an annual staking return of 2019 percent.


The information in the article is purely for informational purposes. It does not constitute any investment advice. The author and kriptoparahaber.com are not responsible for any profit or loss arising from your investments. Ultimately, investment is based on many factors such as knowledge, experience, research, and personal decisions.


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GateUser-f198c965vip
· 2024-08-29 13:34
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