Analysis
Top 3 AI Tokens for Investors in 2024!

Credit : coinpedia.org
Amid elevated worth volatility within the cryptocurrency market, the Synthetic Intelligence (AI) class has regained momentum over the previous day. This has led to main tokens from this class recording an enormous worth enhance inside a brief time period.
This has left buyers curious with questions like “Is that this the fitting time to spend money on crypto?” and “Will AI tokens achieve momentum once more?”. On this article, we found the highest 3 AI tokens which have the potential to outperform the highest tokens this 12 months.
Bit tensor (TAO)
TAO worth has elevated by 14.76% over the previous day with a buying and selling quantity of $209.82 million. Furthermore, rates of interest are up 129.15% final month and ~116% this 12 months. With a market capitalization of $4.27 billion, it has secured the twenty third place on the worldwide crypto checklist.

The Transferring Common Convergence Divergence (MACD) reveals a rise within the inexperienced histogram. Furthermore, the averages present a bullish convergence. This means a optimistic outlook for the Bittensor coin worth within the coming week.
If bullish sentiment strengthens, TAO worth might put together to check its $671 resistance degree this month. However, a bearish reversal might pull Bittensor worth in direction of the USD 547 help degree within the close to future.
Render (RENDER)
Regardless of dropping 15.64% prior to now week, the RENDER token is up 6.38% prior to now day with a buying and selling quantity of $315.27 million. Furthermore, it has added 15.76% to its valuation prior to now month and has a YTD return of 19.35%.

The Relative Power Index (RSI) continues to hover near its impartial level within the 1D timeframe. Furthermore, the common pattern line continues to hover above the midway level. This means that the Render Prize can proceed to achieve worth.
Suppose the crypto market positive aspects momentum once more, by which case the RENDER coin worth will put together to retest its resistance degree at $7.18 this month. Quite the opposite, if the bulls lose momentum, the AI token might dive in direction of the essential help degree at $3.65.
Apprehensive about your Render belongings? Learn our Render Worth Prediction for potential worth targets!
Phoenix (PHB)
Amid the elevated uncertainty, PHB worth has added ~10% to its portfolio over the previous day with a buying and selling quantity of $15.33 million. Furthermore, it has elevated by 57.86% prior to now month and 68.81% this 12 months. With a market capitalization of $95.53 million, it has secured the 369th place.

The EMA 50/200 day information elevated the bullishness and present a excessive chance of a Golden Cross within the 1D timeframe. Furthermore, the MACD indicator reveals a relentless inexperienced histogram, with the averages experiencing a relentless uptrend within the Phoenix worth chart.
If the worth is held above the $1.67 help degree, it could lead on the worth to maneuver in direction of the $2.18 resistance degree within the close to future. Quite the opposite, if the bears have been to overpower the bulls, PHB worth might retest its low of $1,140.
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