Published 3 hours ago
AI(Artificial intelligence) technology has remained one of the hottest topics in 2023 so far. Despite a highly volatile phase in the past three months, the cryptocurrencies linked to this AI technology experienced substantial gains, reflecting their increasing popularity. Thus, today we will analyze some of the leading AI coins in order to assess their future potential.
A V-shaped recovery from the $1.05 support has surged the Graph token price 53.2% higher in just one week. However, this recovery halts at the $0.163 local resistance and the daily chart showcasing a long-wick Doji candle indicates uncertainty among market participants.
The supply pressure from above suggests the GRT price a pullback 12-16% lower before the resumption of the prior recovery.
Amid the recent recovery in the crypto market, AGIX buyers managed to undermine the losses witnessed during March’s first two weeks and rechallenge the $0.56 resistance. However, earlier today, the coin price showcased a failed attempt to surpass the $0.56 ceiling, indicating the sellers continue to defend this level
By press time, the AGIX price is 7% down and shows signs of a bearish reversal. However, the $0.45 support stands as strong support that can resume the prior recovery momentum
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