Altcoins are slowing down with Bitcoin price testing $69,000 again. However, the hot space of AI tokens and memecoins are hot and continuing their bull run.
As the top performers in the artificial intelligence space record huge gains, OTC traders are looking for bullish entry opportunities. As demand continues to grow, here are our top picks for AI tokens with 2x surge potential.
So let’s look into these top picks and their price analysis to understand the best entry point.
TAO starts a breakout rally
On the daily chart, TAO Token price registered a bullish rebound and ended the correction phase. The recovery was accompanied by a falling wedge breakout for the AI Token, which gained 32% in four days.
The breakout rally resulted in four bullish candlesticks and the altcoin is ready to recapture the psychological mark of $500. Moreover, it is showing the beginnings of a rounding bottom pattern.
According to the trend-based Fibonacci levels, the AI Token bull run is gathering pace and is ready to break the 50% level. If the uptrend continues, a breakout of the $1000 mark is possible, representing a more than 2x gain.
AIOZ Double Bottom Reversal
AIOZ continues its bullish reversal trend from $0.60 and is about to reclaim the psychological barrier of $1. Currently, AI Token is trading at $0.88, up 46% in three weeks.
Showing a double bottom reversal with the neckline above $0.75. A successful retest will see the AIOZ token price challenge the 50% trend-based Fibonacci level.
Considering that the bull run is still continuing, the uptrend may reach the 1.618 Fibonacci level at $1.887.
NEAR Protocol rising in a bullish channel
The uptrend is continuing on the daily chart with the price crossing the $8 mark. The uptrend is showing a positive channel driving a bullish trend reversal.
The bull run in NEAR price has seen an increase of nearly 57% in the past 37 days. Moreover, according to the Fibonacci levels, the continuation of the uptrend will target the 1.618 Fibonacci level, which is $16.20.
Will AI Token 2x?
An analysis of the price action of a select group of AI tokens suggests a recovery rally in the coming weeks. Moreover, a broader market recovery will increase inflows into popular tokens such as AI tokens and meme tokens. Hence, there is a high chance of a 2x rally in the aforementioned tokens.
(Personal opinion, not a recommendation)
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