NEAR Protocol

bullish

AI Crypto

Billion

<p>With the recovery run in the crypto market gradually gaining momentum, the AI tokens are on a roll. With top performers preparing for breakout runs, the AI crypto segment is close to hitting the $30 Billion mark.&nbsp;</p>  
<p>Among the top performers, Near Protocol, Bittensor, Injective, and FET rank the charts.&nbsp;</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcrfBOqn48TsB8chp_eOTEYgILnt7mG5gQjOI_SZ0P35Iu12YfWQcC363LaAJ1eEn1Ppg0C5EWFhGyAWwCzud6SdMJ1pcWe8TbllBXV9v0dT-raMO_BHq6JV94aZdCuaZc8u24FbizkTVM_UqGD2kRH2NfV?key=O3sDMWSNga_onT2G6SToyw" alt="">
</figure>  
<p>As the bullish momentum increases, let’s take a closer look at the must-buy AI tokens for the next bull run.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-top-ai-crypto-to-buy">Top AI Crypto To Buy:</h2>  
<h3 class="wp-block-heading" id="h-near-protocol-near">Near Protocol (NEAR)</h3>  
<p>With a market cap of $4.618 billion, NEAR Protocol stands as the biggest AI crypto in the industry. Over the past 24 hours, the NEAR token has increased by 2.31%. Currently, it is trading at $4.07, with an intraday drop of 1.36%. <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdV-4d8PnBqF2r2fGAv91LeNxSMd-aaxtQHrETUxOde3rgy-XiU5rYfla5dyTL74qh4MBMw7oauWp_DqvlgtQBlaXf5bgB1KV_if_x-ogSZorBXFagg5UjD3uWZNxybko0W87MQz5OLYyfBdg9gcbvKjjI?key=O3sDMWSNga_onT2G6SToyw" width="624" height="311"></p>  
<p><a href="https://www.tradingview.com/x/3w8hK5pb/" rel="noopener noreferrer nofollow">Tradingview</a></p>  
<p>The intraday pullback comes with the higher price rejection witnessed last night from the 50-day EMA at $4.30. Further, the 23.60% Fibonacci level at $4.379 reverses the AI crypto.&nbsp;</p>  
<p>Further, it increases the possibility of a head-and-shoulder pattern with a neckline at $3.523. Nevertheless, the broader market recovery and the surge in RSI lines with the recent bullish engulfing candle project a potential uptrend.&nbsp;</p>  
<p>The bullish breakout of the 23.60% level will put $1.05 and $1.0558 as the next potential targets. Meanwhile, the $3.859 and $3.60 support levels are likely to limit the downside risk.</p>  
<h3 class="wp-block-heading" id="h-bittensor-tao">Bittensor (TAO)</h3>  
<p>The BitTensor AI token has increased by 11.02% in the past 24 hours and registered a 15% jump in the last seven days. With a market cap of $2.37 billion, the TAO token trades at $322.&nbsp;</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd0GwPkvlVP2RgyvjqS1TVWVP0CMbrpNfLTSEV75NtpghJjXXvye2Kaxc0bkFkZlOEhdf4u499XhfL_CUTd7Xro1AeJDEOcP09UjvZ_NAUAW8xTawSIsONCMxVi3MWLSuBf3ZYoyxfjhmlIGC3gyA8Pd3MB?key=O3sDMWSNga_onT2G6SToyw" alt="">
</figure>  
<p><a href="https://www.tradingview.com/x/GR8m9zF4/" rel="noopener noreferrer nofollow">Tradingview</a></p>  
<p>In the daily chart, the TAO price trend maintains a sideways route, with the overhead ceiling at $354 standing strong. The bullish engulfing candle formed last night with a 12.52% jump shows a higher price reaction and a failure to sustain above $350.&nbsp;</p>  
<p>Currently, the intraday candle projects a higher price reaction and teases a potential retest of the 50% Fibonacci level at $309. Meanwhile, the long-coming consolidation range, extending from $213 to $355, witnesses an early bull cycle and newfound support from the 50-day EMA.&nbsp;</p>  
<p>As the broader market improves, a breakout of $350 will put $447 and $706 potential targets for the AI crypto. Meanwhile, the crucial support is at $300 and $283.</p>  
<p>As the ROSE price eyes a bullish breakout, will it claim new highs? Discover the true potential of Oasis Network in Coinpedia’s <a href="https://coinpedia.org/price-prediction/oasis-network-rose-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">ROSE price prediction</a>!</p>  
<h3 class="wp-block-heading" id="h-injective-inj">Injective (INJ)</h3>  
<p>The AI crypto injective with the native token INJ has surged by 5.42% over the past 24 hours and is approaching the $2 billion market cap. Currently, the market cap is at $1.87, and the INJ token is trading at $19.22.</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcfJiz5LhFjD17aXikBtF45IpO3I6iMjo6CXyFqrUhJeIL2PtQ42QcbKZStgWZxwuEUwi52bQ3-7SoLOkesX8eDKrJhn0w_0tBnexHRZBDRLGYLIEiUR-Ty6Yto9rXjKKxmJf_vg6OjyVRGzRhcBF7QK3K9?key=O3sDMWSNga_onT2G6SToyw" alt="">
</figure>  
<p><a href="https://www.tradingview.com/x/ldeTMH3f/" rel="noopener noreferrer nofollow">Tradingview</a></p>  
<p>&nbsp;In the daily log chart, the INJ price trend maintains a falling channel pattern but takes a sideways route with the recent reversal from $16. The overnight jump in INJ price forms a bullish engulfing candle with the 8.27% surge.&nbsp;</p>  
<p>This undermines the three-day crash and challenges the 23.60% level at $19.74. A bullish breakout will challenge the overhead trendline near the $21 mark. However, the breakout will depend on the broader market movement.&nbsp;</p>  
<p>As the immediate resistance above the trendline is the 200-day EMA and the 38.20% level at $23.79, the price action traders must remain cautious. A bullish breakout above 38.20% will signal a trend reversal and will likely hit the $41 or $52 mark at the 78.60% or 100% Fibonacci level. Meanwhile, the crucial support for the AI crypto is at $17.94 and $15.75.</p>

Coinpedia Fintech News

Table of Contents

CoinPedia News

Other articles published on Sep 18, 2024

Homnifi: Opening the door to web3 for everyone

Coinpedia Fintech News

XRP Price Prepares for Bullish Spike of 94x and 9,468% Price Pump Over the Coming Crypto Bull Run...

3 Altcoins for 100x Returns in the Upcoming Bull Market

Ex-FTX Co-founder Partner Michelle Bond Pleads Not Guilty to Campaign Finance Charges

El Salvador continues to buy Bitcoin, now holds worth $349M

Join our free newsletter for daily crypto updates!