As we head into July, the cryptocurrency landscape is undergoing a major shift. Following the recent market crash, which has seen Bitcoin prices surge to $63,000, the broader AI token space has emerged as a standout performer. With the AI ​​altcoin market cap overall growing 7.5% to around $30 billion, attention has turned to assessing which of these top-performing tokens — NEAR Protocol (NEAR), Render Token (RNDR), and Bittensor (TAO) — are worth buying or selling.

1. NEAR Protocol (NEAR)

NEAR Protocol rebounded strongly, with a price of $5.34, up 9.25% in the past day and 3.03% in the past week. This first-layer blockchain has been praised for its ability to quickly process a large number of transactions and its user-friendly development environment. It solves the transaction speed and throughput issues common in other blockchains.

Technical Analysis Overview:

Exponential moving averages (EMAs) present a mixed picture. Short-term indicators suggest a buy signal, while long-term EMAs indicate a bearish trend. The 200-day EMA is closely aligned with the current price, suggesting a potential resistance point.

The MACD levels indicate that the AI ​​altcoin has potential upside momentum, which is a positive sign.

At 43.15, the RSI is in the neutral zone, reflecting a balanced market sentiment.

recommend:

Given the mixed signals, it’s best to be cautious with NEAR. If you hold NEAR, it might be wise to continue to closely monitor price action. For new investors, it might be wise to wait for a clearer bullish trend or a confirmed breakout above resistance.


Overall, NEAR is neutral to cautiously optimistic about the outlook for July.

2. Rendering Token (RNDR)

Render
Token is one of the most prominent performers among AI altcoins, trading at $7.85, up 10.62% in the past 24 hours and up 1.3% in the past week.
13.61%. Render aims to connect artists with GPU computing power providers to use a decentralized network for GPU rendering.

Technical Analysis Overview:

The short-term EMA indicates a buy signal, while the long-term EMA indicates a sell signal. Nevertheless, the 200-day EMA still indicates a buy signal, suggesting strong long-term support. MACD
The levels are consistent with a buy signal, indicating potential upside momentum.

The RSI is 47.19, which is close to oversold conditions, indicating that RNDR may be undervalued.

recommend:

RNDR has a strong short-term buy signal and overall momentum, making it a popular choice for July. Investors can consider buying or holding RNDR, especially if the price shows further positive trends. Monitoring a breakout above resistance could increase gains.

3. Bittensor（TAO）：

The current price of Bittensor is $278.91, up 10.57% in the past day and 4.68% in the past week. TAO operates a distributed machine learning platform that compensates participants based on the quality of the information they contribute.

Technical Analysis Overview:

The EMA mainly indicates a sell signal. The short term EMA is slightly above the current price, suggesting short-term resistance.

MACD levels provide buy signals and may indicate a potential uptrend.