MOR Up 47%: Approaching $100 Million Market Value!
XMW Up 32%: Resistance at $0.12, Support at $0.082 as Gold Cross Expects
TAO Rebounds from Multi-Month Low, Heads Towards $498 Resistance

Artificial intelligence (AI) coins have attracted attention by exhibiting strong price movements in the last week of January, with many projects likely to recover from recent declines and post further gains in the first week of February.

MorpheusAI (MOR) is up 47% as it gains traction in the AI ​​sector. Morphware (XMW) is up 32% on expectations of a golden cross. Bittensor (TAO) is up 19%, recovering from its lowest level since September 2024.

MorpheusAI (MOR)
MorpheusAI is an Arbitrum-based platform that bills itself as “the first peer-to-peer network for general-purpose AI.” Launched in May 2024, MOR initially reached around $128, but then experienced a major drop. However, recently, MOR has increased by 47%, bringing its market value close to $100 million. It briefly rose to $115 million yesterday, but despite a slight correction, the momentum remains strong.

If this uptrend continues, MOR could retest the $37 level and is even likely to rally towards $40 or $45. However, if the uptrend reverses, MOR price could find support at $22, which could lead to a drop to $16.2.

Morphware (XMW)
Morphware is an Ethereum-based Layer 3 AI application that aims to provide a decentralized machine learning platform. XMW has increased by 32% in the last seven days, with a 26% jump in the last 24 hours, pushing its market value to $75 million. Having reached an all-time high of $0.18 on December 12, 2024, XMW is currently approaching important resistance levels between $0.10 and $0.12.

The EMA lines suggest that XMW could soon make a golden cross and send its price towards the resistance at $0.12. However, if the trend reverses, the $0.082 support is critical, breaking which could send XMW down to $0.062.

Bittensor (TAO)
TAO is one of the largest projects in the AI ​​cryptocurrency sector with a market value of $3.8 billion, leaving behind competitors such as RENDER and FET. Aiming to establish a decentralized machine learning network using blockchain technology, TAO has recovered from its lowest level since September 2024 at $362 on January 23 and has increased by 19% in the last seven days. This recovery indicates that interest and momentum in AI crypto projects is strengthening.

EMA indicators suggest that TAO could soon make a golden crossover and push its price towards resistances at $480 and $498. If the AI ​​excitement continues, TAO could rise to $521 or even $586. However, if the trend reverses, the supports at $458 and $435 should be protected. Otherwise, TAO could pull back to $386 or $362.