Artificial intelligence (AI) has emerged as the most dominant narrative in the crypto space, redefining trends and capturing the attention of investors. Some of the best AI altcoins are capitalizing on this wave, gaining relevance as the technology advances.
Examples include tokens such as TFUEL, ZIG and AKT, which are strategically positioning themselves in this innovative scenario.
Theta Fuel (TFUEL)
TFUEL is the currency of Theta Network, a blockchain-based video streaming platform. Its approach aims to reduce streaming costs while improving content quality and expanding distribution reach.
As such, TFUEL, one of the top AI altcoins, has gained 18% in the past seven days and is now approaching a market cap of $500 million. Despite this recent growth, the altcoin remains significantly below its 2021 all-time high, sitting at just one-tenth of that peak value. This highlights both its potential for recovery and the challenges it faces in reaching previous levels again.
TFUEL Price Analysis. Source: TradingView
TFUEL’s RSI is currently at 50, indicating a neutral moment where neither buyers nor sellers dominate. If the uptrend strengthens again, it could rise to test $0.080 and potentially reach $0.1. However, if the trend reverses, it could drop to $0.054 or even $0.047.
ZIGDAO (ZIG)
ZIGDAO, formerly known as Zignaly, is a platform designed to enable crypto copy trading with artificial intelligence. It allows users to invest in digital assets by following the strategies of top managers and funds.
ZIG Price Analysis. Source: TradingView
ZIG is currently down 20% from its all-time high, but it may be preparing to test it again. The coin recently surpassed a market cap of $200 million and is up 15% in the past seven days.
If the uptrend continues, ZIG, highlighted among the best AI altcoins, has the potential to surpass its all-time high of $0.19. However, if market sentiment reverses, the coin could test its support at $0.127. A break of this level could lead to a sharper correction, with the price potentially falling back to $0.081.
Akash Network (AKT)
Akash Network is an open-source, decentralized cloud computing platform designed to connect those in need of computing power with providers that offer cloud resources using artificial intelligence.
AKT Price Analysis. Source: TradingView
Akash’s native token, AKT, is currently the fifth-largest AI-focused coin in the market and is approaching a $1 billion market cap. With a 22% gain in the past seven days, AKT has demonstrated strong momentum, positioning itself for potential further growth as it eyes this significant milestone in the coming weeks.
If the uptrend continues, the asset could test resistance at $4.71 and possibly move towards $5 for the first time since May 2024. However, if market sentiment changes and the trend reverses, AKT could face downward pressure, testing support levels at $2.87 and $2.43.
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