NEAR Protocol

Bitcoin

AIOZ Network

Rise

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-tests-69000-while-ai-altcoins-and-memecoins-continue-to-rise/" data-wpel-link="internal">Bitcoin Tests $69,000 While AI Altcoins and Memecoins Continue to Rise</a> 
Bitcoin (BTC) is retesting the $69,000 level, while altcoins are slowing down, but <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">AI</a> altcoins and memecoins continue their upward momentum. Investors who prefer to stay out of the <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market</a> during this period are closely monitoring these sectors to catch potential rises. Here are three AI altcoins showing strong potential for a 2x increase based on recent price movements and technical analyses. 
<h2 style="text-align: justify" id="strong-ai-altcoin-tao-begins-breakout-rally-strong">AI Altcoin TAO Begins Breakout Rally</h2> 
Bittensor‘s mainnet asset TAO ended its correction phase with a breakout from a falling wedge formation, marking a significant bullish reversal. This breakout led to a 32% rise in just four days, recorded with four consecutive bullish candles. Altcoin is now preparing to reclaim the psychologically important $500 level and is forming a rounded bottom formation indicating further upside potential. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-354776" src="https://coin-turk.com/wp-content/uploads/2024/05/TAO-Altcoin.png" alt="" width="1600" height="796"> 
According to trend-based Fibonacci levels, the bull run for the <a href="https://en.coin-turk.com/a-crypto-analyst-claims-altcoins-will-perform-poorly-in-late-2023/" data-wpel-link="internal">altcoin</a> is gaining momentum, and TAO could potentially exceed the $1,000 level, more than doubling in value. 
<h2 style="text-align: justify" id="strong-aioz-network-rebounds-from-double-bottom-strong">AIOZ Network Rebounds from Double Bottom</h2> 
AIOZ Network‘s mainnet asset AIOZ is maintaining its upward trend from a pivot point at $0.60 and is currently trading at $0.88, up 46% in three weeks. The altcoin formed a double bottom pattern with a neckline break at $0.75 and is now challenging the 50% trend-based Fibonacci level after a successful retest. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-354777" src="https://coin-turk.com/wp-content/uploads/2024/05/Altcoin-AIOZ.png" alt="" width="1600" height="796"> 
If the upward trend continues, AIOZ could reach $1.88, corresponding to the 1.618 Fibonacci level, indicating strong potential for further gains. 
<h2 style="text-align: justify" id="strong-near-protocol-gains-momentum-in-rising-channel-strong">NEAR Protocol Gains Momentum in Rising Channel</h2> 
NEAR Protocol‘s mainnet asset NEAR is maintaining its upward trend in a positive channel, trading above the $8 level. NEAR’s price has risen nearly 57% in the last 30 days, and according to Fibonacci levels, this upward trend could target $16.20, corresponding to the 1.618 Fibonacci level. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-354778" src="https://coin-turk.com/wp-content/uploads/2024/05/Altcoin-NEAR.png" alt="" width="1600" height="796"> 
This indicates strong potential for NEAR, with a significant bullish trend and recent notable gains. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-tests-69000-while-ai-altcoins-and-memecoins-continue-to-rise/" data-wpel-link="internal">Bitcoin Tests $69,000 While AI Altcoins and Memecoins Continue to Rise</a></h5>

Bitcoin Tests $69,000 While AI Altcoins and Memecoins Continue to Rise

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