Render

Akash Network

Artificial Intelligence

The Graph

<p>The post <a href="https://coinpedia.org/price-analysis/top-ai-tokens-to-stack-in-this-crypto-market-correction/" rel="noopener noreferrer nofollow">Top AI Tokens To Stack In This Crypto Market Correction!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The crypto market continues to display a mixed sentiment with top altcoins recording constant fluctuations in their respective portfolio. The Fear, Uncertainty, and Doubt (FUD) type of situation in the industry has now escalated to a new high following the price plunge the market experienced recently.</p>
<p>The Artificial Intelligence (AI) category has been one of the most affected categories as top tokens from this set have recorded a correction of over 20% each in their respective portfolios. Will the AI tokens record another round of price surge this year?</p>
<p>In this article, we have covered the top 3 AI tokens that have a high potential to record massive price surges during the upcoming months.</p>
<h2 class="wp-block-heading" id="h-render-rndr">Render (RNDR):</h2>
<p>After displaying a neutral trend for a brief period, the Render token regained momentum and recorded a massive jump of over 225% in valuation. This resulted in the <a href="https://coinpedia.org/price-prediction/render-token-rndr-price-prediction/" rel="noopener noreferrer nofollow">RNDR price</a> recording a new all-time high (ATH) of $13.84 on 17th March, following which it experienced a trend reversal and lost 31% in value.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/J0zh7v-rzNI_oQGxxFUQQvNBYb7FXtcd0HurBu67FMVlFK2ud91i9Hwxd7zyhveEOOFbbhNXepbE1oEPZf14fi-LyU-m5y2V2tO8GttnuEXs8iSPYc-6sKRIPWC2LKoje-fp1Jv5g2L6WF62_wMzBR4" alt="RNDR Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: RNDR/USDT
 </figcaption>
</figure>
<p>The Moving Average Convergence Divergence (MACD) displays a constant red histogram in the chart, indicating increased selling-over-buying pressure in the crypto industry. However, the averages show a high possibility of a bullish reversal in the coming time.</p>
<p>If the bulls hold the price above the support level of $8.985, the RNDR price will continue rising and prepare to retest its upper resistance level of $13.84 this month. Conversely, a trend reversal could result in the Render token falling to test its lower support level of $5.425.</p>
<h2 class="wp-block-heading" id="h-the-graph-grt">The Graph (GRT):</h2>
<p>The GRT token traded sideways for over two months, indicating a weak price action for the altcoin in the crypto market. As the hype for AI tokens skyrocketed, the <a href="https://coinpedia.org/price-prediction/the-graph-grt-price-prediction/" rel="noopener noreferrer nofollow">GRT price</a> recorded a jump of over 230% over the next 46 days. Following this, the bulls lost momentum and recorded a correction of 43.57% in its valuation.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/LcAY5QRa1XKTsCN6F9JRR0FGaCagDApQPQ_MwxszUz5Jl1hkqmirW2LrZcr1Sf4b0zRrG0HjMAJfnkbYAZaQJVfO_61LLANYMNThW2M50EIpJX2NIeiNMSKQHPU8IiJ15F-CtpR6uWs6tLbndF2B8T4" alt="The Graph Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: GRT/USDT
 </figcaption>
</figure>
<p>Despite the GRT token recording a correction of approximately 20% within the past seven days and losing 31% over the past month, it has given its investors a Year-to-Date (YTD) return of +53.34%, highlighting the fundamentals of this project.</p>
<p>If the market continues to trade under a bullish influence, the GRT price will prepare to test its upper resistance level of $0.4225 over the upcoming weeks. Negatively, bearish price action could pull the price toward its low of $0.1385 in the coming time.</p>
<h2 class="wp-block-heading" id="h-akash-network-akt">Akash Network (AKT):</h2>
<p>The AI tokens concluded 2023 on a strong bullish note, indicating a positive outlook this year. After displaying a neutral trend for the first two weeks, the AKT price regained momentum and jumped 166.60% in valuation, following which the price recorded a sideways trend for a period.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/yF2tVGREwueNAhA2xsh2fV9Mt_AWYqvprJBTHnAu7elrG9xzPKsoQG65NfIKwgX6yap86UXV_zGa-MOW_d8bj1AWG8DoQZWO7yfso1SQO6Is6VffkIrod0ITgRRsYQWleMzxr2iD4An4SJL6uYlPyiQ" alt="AKT Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: AKT/USDT
 </figcaption>
</figure>
<p>As the volatility increased, the bulls lost power and recorded a correction of over 36% in its portfolio. Since then, the price has been trading under a bearish influence.</p>
<p>Presently, the AKT token has a trading price of $3.99 and has recorded a jump of approximately 10% within the past 24 hours. Positively, the AI token has a YTD of 63.57%, highlighting a strong positive price action for it during the upcoming months.</p>
<p>If the market pushes the price above the resistance level of $4.0590, the bulls will regain momentum and attempt to test its upper resistance level of $5.5875. However, bearish price action may pull the price toward its low of $2.5425.</p>

Top AI Tokens To Stack In This Crypto Market Correction!

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