After displaying weak price sentiments for the first two months, the AI category has displayed a massive bullish price action by adding significant valuation to their respective portfolios. Moreover, with the rising AI hype, this category is predicted to hit a new high in the coming time.
Thinking of investing in the Artificial Intelligence (AI) category? In this article, we have covered the top 5 AI tokens that have the potential to outperform other tokens from the category during this month.
Arcblock (ABT):
Primarily used for building and deploying decentralized blockchain applications, Arcblock’s ABT BRC-20 token functions as a payment method in the ecosystem.
The ABT price has displayed a significant bullish price action within the past seven days by adding 44.18% during this time. Moreover, the AI token has added 66.18% within the past 30 days and its YTD return stands at 1,425%.
The Moving Average Convergence Divergence (MACD) displays a significant rise in the green histogram, highlighting an increase in the bullish influence in the crypto space. Furthermore, the averages show a massive rise, indicating an over-bought sentiment in the crypto space.
If the market pushes the price above the resistance level of $4.007, the bulls will regain momentum and prepare to test its upper high of $6.25 this month. Conversely, a bearish trend reversal could pull the price toward its low of $2.03 in the coming time.
iMe Lab (LIME):
iMe Lab is a unique ecosystem with Telegram Messenger, DeFi tools, and Crypto wallets. It is a faster mode of transferring cryptocurrencies, more secure and hassle-free, making its adoption process easier and faster.
Despite recording a neutral trend over the past week, the LIME price has added approximately 1,200% to its portfolio this year, highlighting a high potential and strong fundamentals for this altcoin in the crypto space.
The technical indicator, MACD, shows a flatline with its averages displaying a neutral trend. Positively, the EMA 50-day supports the price chart, indicating a strong bullish sentiment in the industry.
If the bulls hold the price above the support level of $0.086, the LIME price will prepare to test its upper resistance level of $0.140 during the upcoming week. However, if the bears overpowered the bulls, the price would lose momentum and fall to test its low of $0.060 this month.
Solidus Ai Tech (AITECH):
This Artificial Intelligence (AI) token has successfully claimed its spot in the top 5 gainers of the category by adding over 1,150% to its portfolio since the year started. Moreover, the positive sentiments indicate a strong bullish price action for it in the coming time.
The MACD displays a constant flatline in the histogram, indicating weak buying and selling pressure for the altcoin in the crypto space. On the other hand, the averages show a bullish convergence in the 1D time frame, suggesting a bullish outlook for the altcoin in the coming time.
If the market pushes the AITECH price out of its important resistance level, the bulls will prepare to test its upper resistance level of $0.422 in the coming time. Negatively, a bearish price action may result in the Solidus Ai Tech token falling toward its crucial support level of $0.162.
PaLM AI (PALM):
PaLM AI is a multi-platform AI chatbot, with PALM crypto as its utility token. It can handle a wide range of tasks through its platform such as image generation, coding, voice message to imagery, and much more. PaLM AI primarily focuses on developing On-chain AI integrations along with real-world use cases.
Furthermore, this AI token has successfully claimed the top gainer spot with a massive Year-to-Date (YTD) return of 85,333.86%. Moreover, it has added 16.19% within the past day and 47.45% over the past seven days, indicating a positive outlook for this altcoin in the coming time.
SPECTURE AI (SPECTURE):
SPECTURE AI can assist as a great tool for short-term price predictions of up to 48H, resulting in it gaining significant attention in the crypto market. Furthermore, the project is considered to be an all-in-one tool easily available on Telegram and dApps.
Resulting of its unique features and services, the SPECTURE token recorded a massive surge in its valuation this year. The AI token has recorded a YTD return of approximately 5,000%, making it the second-best performer in this category in the industry.