- 1 SingularityNET (AGIX) token’s price revealed a massive recuperation this week.
- 2 Ocean Protocol (OCEAN) price pumped over 40% and is on the verge of a breakout.
- 3 Fetch.AI (FET) price rebounded from the demand zone and regained strength.
With the rapid growth of Artificial Intelligence, investors have shown interest in this theme, which led to a massive demand surge in AI-based crypto assets.
Amidst the retracement of the heavyweights in the crypto market, AI-based cryptocurrencies are still delivering bullish waves and have outperformed the market.
Nonetheless, the sectoral rotation and AI theme were in buzz from the past few trading sessions. These AI crypto assets have been under pressure in the past months and continued in a downtrend. However, the correction phase has ended, and AGIX, OCEAN, and FET tokens are ready to lift the gains ahead.
SingularityNET (AGIX) Has Bottomed Out: Time To Buy AGIX?
The AGIX token has been in a deep correction for weeks and underperformed the crypto market. Meanwhile, the bad days are gone, and the token has bottomed out, implying it is ready for a rally ahead.
At press time, AGIX token price was traded at $0.6822 with an intraday gain of 16.25%, signifying sharp bullish momentum on the charts. Notably, the price action represents a trend reversal, and buyer accumulation activity was spotted.
Source: TradingView
This week, the AGIX token took support around its trendline of $0.4500 and witnessed a sharp recovery. Analysts have guided a positive outlook, suggesting that the AGIX price will skyrocket.
Ranked at 89 per the market cap, the AGIX price has retested its 200-day EMA, which, if surpassed, the token will likely extend the rebound toward the $0.8000 mark ahead.
Ocean Protocol (OCEAN) Set For A Breakout: Could It Blast Ahead?
The Ocean Protocol (OCEAN) token price will likely replicate a massive breakout rally ahead. A falling wedge pattern was observed on the daily charts, and the token might trigger a breakout beyond the $0.7500 mark shortly.
Source: TradingView
The Momentum Indicators have triggered a positive crossover and suggest a massive bullish rally ahead.
At press time, the OCEAN token price was traded at $0.6812 with an intraday gain of 15.25%, signifying bullishness on the charts.
For the past weeks, the token has continued to plot the lower low swings and has retested its demand zone. A trend reversal was spotted this week, and price action signifies buyer accumulation activity.
Ranked at 72, the token has a total supply value of 2.03 billion and a volume-to-market cap ratio of 0.0246.
It has retested its 20-day EMA and will likely display a trendline breakout soon.
Fetch.AI (FET) Showed a Quick Rally: What’s Cooking In It?
Fetch.ai (FET) price revealed a sharp pullback and reverted from its demand zone of $1.10. This week, the FET token has made a bullish engulfing candlestick at the bottom and rebounded over 50%, conveying buyer accumulation.
At press time, the FET price traded at $1.64 with an intraday surge of 16.36%, reflecting buying momentum on the charts.
Source: Santiment
The price action conveyed a notable recovery of over 40% from the demand zone of $1.10 and retained the bullish momentum this week.
Ranked at 27 per the market cap, the FET token price switched the gains on the bullish track and might outperform in the upcoming sessions.
Notably, the token revealed a demand surge and reflected sharp speculation, which might fuel the bullish rally ahead.
Is The Right Time to Buy These AI Picks?
The AGIX, OCEAN, and FET tokens had just triggered the pullback and signaled signs of reversal from the bottom. Additionally, these crypto assets have a lot of upside left, and investors have to watch out for these top picks to gain massive returns in the short term.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
