AGIX Price Analysis
It has been maintaining a sharp rise since breaking out in mid-February. Regardless of the bearish impact, the bulls have managed to spark a healthy rally. Judging from the latest price action, the coin has formed a bullish pattern and if the bulls can show some strength, the upcoming trend could form new highs above $2.
The AGIX price failed to break out of the local highs several times, forming a double top pattern which resulted in a 30% drop towards the neckline. However, the bulls quickly entered the market and pushed the price higher but failed to break out of the neckline level. Currently, the price has formed a double bottom pattern identical to the neckline area. If the previous pattern repeats itself, then the AGIX price could surge by more than 30% to $1.4 in the coming days. Moreover, the DMI and RSI turned positive, also supporting the bullish proposition.
FET Price Analysis
FET price has been showing tremendous strength over the past few months as buying pressure has increased. Despite a notable drop in volume, the trend remains bullish, suggesting that a new ATH may not be far from current levels. Moreover, volume has been rising at a respectable rate, indicating a clear strengthening of bullish momentum. In early March, FET price surged more than 500% to reach a new high of $3.47. Since then, it has managed to hover within the narrow confines of a descending triangle with a fixed support area.
Moreover, the price has risen above the average Bollinger Bands for the first time since April and may be approaching the upper Bollinger Band resistance above the triangle. Despite the surge in bullish momentum, the price may face a minor correction as the Stochastic RSI has reached its upper boundary. Therefore, the price may consolidate for a while before a bullish breakout that aims to form a new ATH anytime in the coming week.
RNDR Price Analysis
Similar to other AI tokens, Render price also broke out of a descending pattern. The 20% gain after the breakout shows that bullish strength is growing as buying pressure is growing massively. Therefore, the current trading structure suggests that RNDR price, which is testing a critical resistance zone, could break out of these levels and form new highs.
The DMI on the daily chart has just given a bullish signal, but the ADX maintains a downtrend. Therefore, this suggests that the price may maintain a sideways trend along the resistance for a while and trigger a healthy breakout. This could lead the RNDR price to reach a new ATH, possibly exceeding $15 before the end of the month.
(Personal opinion, not a recommendation)
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