Render

Akash Network

Artificial Intelligence

Theta Network

<p>The post <a href="https://coinpedia.org/price-analysis/top-3-ai-altcoins-to-stack-for-100-upside-this-august/" rel="noopener noreferrer nofollow">Top 3 AI Altcoins To Stack For 100% Upside This August!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Following the massive cross-border market correction on Monday, the cryptocurrency space has recorded a strong bullish recovery, indicating an increase in the buying pressure. Moreover, the market leader, <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin price</a> has reclaimed the $57K mark.</p>
<p>Following this, the Artificial Intelligence (AI) category has displayed a similar price action by adding a significant value to their respective portfolios during this week.</p>
<p>Scroll down as, in this article, we have covered the top 3 Artificial Intelligence (AI) tokens that have the potential to record a massive upside in their respective portfolios during the upcoming time.</p>
<h2 class="wp-block-heading" id="h-akash-network-akt-price-action">Akash Network (AKT) Price Action:</h2>
<p>With the rising volatility in the crypto space, the <a href="https://coinpedia.org/price-prediction/akash-network-akt-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Akash Network price</a> has recorded a jump of approximately 1% with a trading volume of $20.257 Million. However, it has plunged 15.62% within the past seven days and 32.23% over the past 30 days.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd9V4_KDQl4zneQFe--TDfPeaXfHTFRHZGbAOrTeR1wTd8TUiE7EOofBmLkopltpL1SFn0qdFYf3cKERBUdQ2JLyRHjusWtoU-JMfmwHdodwsXdNMrGZ4zVCk6JWwc2Rptw37mPRyR-5G-JUrnrepkFI6bV?key=JvRXzBIq7scSbfysvBStVA" alt="Akash Network Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: AKT/USDT
 </figcaption>
</figure>
<p>The Moving Average Convergence Divergence (MACD) has displayed a constant decline in the red histogram with its averages showing a constant downtrend in the 1D time frame. Further, the SMA indicator acts as a resistance to the price chart, suggesting a mixed sentiment.</p>
<p>If the market holds the <a href="https://markets.coinpedia.org/akash-network/" target="_blank" rel="noopener noreferrer nofollow">AKT price</a> above its support level of $2.250, the bulls will prepare to test its upper resistance level of $4.240 during the upcoming weeks. Conversely, if the bears continue to dominate the market, it will plunge toward its low of $1.425.</p>
<h2 class="wp-block-heading" id="h-render-token-rndr-price-action">Render Token (RNDR) Price Action:</h2>
<p>Amid increased price volatility, the <a href="https://coinpedia.org/price-prediction/render-token-rndr-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Render token</a> has jumped approximately 5% within the past day. Furthermore, with a circulating supply of 392,459,381 and a market capitalization of $1.889, the RNDR price has secured the 40th position in the global crypto list.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd9zJKmfDub2um6M0YZG1nyNRphiuYCqKjJ3Lj7h2Zf2JfM8dJxE-_IcwXnN7vyoTBI_l5oouaW6K_g7Ot5yAKjMNBuVdWKzvSnSJBB5T-Cc74LanvfQC6IR-Gxjnfy_9clDhVFfK3h260sRw3XepP0SIV3?key=JvRXzBIq7scSbfysvBStVA" alt="Render Token Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: RNDR/USDT
 </figcaption>
</figure>
<p>The Relative Strength Index (RSI) has recorded a bullish rise below its oversold range. Further, its average trendline is on the verge of recording a bullish convergence, suggesting a positive outlook for the altcoin in the coming time.</p>
<p>If the market continues to trade under a bullish sentiment, the Render price will prepare to test its upper resistance level of $7.325. However, a bearish reversal could pull the <a href="https://markets.coinpedia.org/render-token/" target="_blank" rel="noopener noreferrer nofollow">RNDR price</a> toward its low of $3.475 this month.</p>
<h2 class="wp-block-heading" id="h-theta-network-theta-price-action">Theta Network (THETA) Price Action:</h2>
<p>With a jump of 3.85% within the past day, the <a href="https://coinpedia.org/price-prediction/theta-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">THETA price</a> has maintained its value above the $1 mark. Further, with a circulating supply of 1 Billion THETA tokens, it has secured the 57th position in the global crypto list with a market capitalization of $1.127 Billion.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeBH6PeIdKHgAbUupBvGyryofHkNVjhZv4OVHzsciuJ9Ze0Le4iK6AItCKFZA-rjYc66Nxtq2d4AGujo0JfUlbGk8XezmBdK6fgOXz-fXG5OVhtCblEVXG-u9Cpxk5Tgfpv2q6mhLXH0QNKAUn_fe_oHnU?key=JvRXzBIq7scSbfysvBStVA" alt="Theta Network Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: THETA/USDT
 </figcaption>
</figure>
<p>The technical indicator, MACD, displays a constant rise in the red histogram with its averages showing a constant downtrend. Moreover, the EMA 50-day acts as a resistance to the <a href="https://markets.coinpedia.org/theta-network/" target="_blank" rel="noopener noreferrer nofollow">Theta Network price</a> chart, indicating that the price will continue losing value this week.</p>
<p>Suppose, a bullish reversal occurs, in such case, the THETA price will regain momentum and test its upper resistance level of $1.975. However, if the bears continue to hold power, the Theta Network crypto will retest its low of $0.930 in the coming time.</p>

Top 3 AI Altcoins To Stack For 100% Upside This August!

Table of Contents

CoinPedia News

Other articles published on Aug 7, 2024

Ethereum Spot ETF Sees $98M Inflow Amid Bullish Market Moves

BERAKING: World’s First Solana Spot ETFs Approved in Brazil

India doesn’t intend to regulate crypto sales and purchases

Starknet CEO, Diego Olivia resigns

Top 2 Cryptocurrencies to Watch in August 2024

Ethereum Price Recovery Likely as BOJ Softens Rate Hike Talk

Join our free newsletter for daily crypto updates!