TOP AI Network

bullish

Render

AIOZ Network

<p>The post <a href="https://coinpedia.org/price-analysis/amid-market-recovery-top-ai-tokens-to-buy-for-a-100-jump/" rel="noopener noreferrer nofollow">Amid Market Recovery Top AI Tokens To Buy For A 100% Jump</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Amidst the recovering market, the bullish trend in AI tokens is gaining momentum for a reversal run. The top AI tokens like the AIOZ, RNDR, and TAO, with massive intraday gains, tease a bullish month ahead.&nbsp;</p>
<p>So, let’s look closer at the top AI tokens to buy as the market continues to bounce back.&nbsp;</p>
<h2 class="wp-block-heading" id="h-top-ai-tokens-to-buy-aioz-network-aioz">TOP AI Tokens To Buy: AIOZ Network (AIOZ)</h2>
<p>Despite a declining channel in the daily chart, the ongoing bullish cycle in the AIOZ token teases a trend reversal. Taking support from the $0.40 level, the lower price rejection from the support trendline heads to the 200D EMA.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfWtuNaZeK8Yw726QTgyJRqoeFgCF40OzW72zy1xOTzcHd2ziJ8ZmbMEJbyCjgI3O82mIv3rwgExAVe-w_TpdlJ3FM6KwTmgCPwxSoFAy44XNgequ9w0InofHAZwLHl_sCBO8LjDGqTG280BFkwjgLk-KYo?key=_9z1wT2dvjljzoVhaHaOVg" alt="">
</figure>
<p><a href="https://www.tradingview.com/x/McaYXuZL/" rel="noopener noreferrer nofollow">TradingView</a></p>
<p>The bounce-back accounts for a 21% surge and undermines the 48-hour bearish trend. As buyers struggle to avoid a death cross in the 50D and 200D EMA, the AI token stands at a crossroads.&nbsp;</p>
<p>An uptrend continuation in the AI token leading to a breakout event could reach the $1 psychological mark.&nbsp;</p>
<h2 class="wp-block-heading" id="h-render-rndr">Render (RNDR)</h2>
<p>Despite a falling wedge breakdown, contrary to general expectation, the market crash drops the RNDR price to $3.63. However, a bullish comeback for a retest of the broken trendline signals&nbsp; potential comeback opportunity.&nbsp;</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfmXc2an-OJCr16Kf0bhP4pNLq5rqLdMR5ZBD1b0OLk9tQ-hmebIL9szfnsP8jFFj-zWYF80Rf2o-tkXCrZiY9aHVksEEtH-PUjL27vvdA2eHjArV1dQxKjQJL7FBcmLklqI4QekYUqhvsXnFAp4XgbQTg?key=_9z1wT2dvjljzoVhaHaOVg" alt="">
</figure>
<p><a href="https://www.tradingview.com/x/3041y2C5/" rel="noopener noreferrer nofollow">TradingView</a></p>
<p>With an uptick in the daily RSI line, the oversold nature of Render is likely to result in a relief run. However, the death cross between the 50D and 200D EMA remains a bearish sigil.&nbsp;</p>
<p>The AI token must surpass the 78.60% Fibonacci level at $268 to reclaim the upper hand. An extended rally could aim for the 23.60% level at the psychological mark of $10.</p>
<h2 class="wp-block-heading" id="h-bittensor-tao">Bittensor (TAO)</h2>
<p>Following the intense fallout from the $350 resistance, the double-top reversal hits the $200 mark. However, the TAO token sustains dominance at the $200 mark with a morning star pattern.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfJPenIph1QkuXXxk9OoXDg6oneIicJO2gMXhCemOXkk1fYSfxmvxgethsoRaLYkprrXRlf4kw1jogjnOEQO8hsI5YysDwklIQVR1vMeBvo1WlFhUM1kTx608u5QkLv4tXJp8jXU1k-ntHqdndEcAcfg_le?key=_9z1wT2dvjljzoVhaHaOVg" alt="">
</figure>
<p><a href="https://www.tradingview.com/x/0AWNi9CO/" rel="noopener noreferrer nofollow">Tradingview</a></p>
<p>With an intraday growth of 3.52%, the AI token teases a triple white soldier pattern and resistance at the 23.60% Fib level at $268. On the upside, the RNDR token could reach the double bottom neckline at $358. An extended uptrend with a breakout run could hit the $600 milestone.&nbsp;</p>

Amid Market Recovery Top AI Tokens To Buy For A 100% Jump

Table of Contents

CoinPedia News

Other articles published on Aug 7, 2024

SOL/ETH ratio hits new all-time high amid market turmoil

India’s CoinDCX Initiates $5.9 Million Investor Protection Fund, Following WazirX Heist

Ripple President Ends Speculation on Plans for XRP Ledger Foundation

Analysts Predict Bullish Outcomes for XRP Price Amid Market Recovery

Ripple Ordered to Pay Massive Penalties: Details

DePIN early-stage fundraising has grown 296% YoY: Messari

Join our free newsletter for daily crypto updates!