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Home » Top Performing AI Tokens To Buy For 100% Surge
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Top Performing AI Tokens To Buy For 100% Surge

August 9, 2024No Comments2 Mins Read
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Top Performing AI Tokens To Buy For 100% Surge
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With the bull run restarting in the crypto market, the altcoins are moving at supersonic speed. Breaking multiple levels, AI tokens are leading the way for a bull market. 

As the demand for AI tokens increases, the coming months can witness a bull run. So, let’s look closer at the top AI tokens to buy as the market goes berserk. 

Top AI Tokens To Buy:  Near Protocol (NEAR)

Near Protocol (NEAR) shows signs of resilience as it recovers from a declining trend in the 4-hour chart. The $3.29 support level has proven crucial, as bullish momentum at this point has triggered a trend reversal. The uptrend in the past few days accounts for a 23% rally in NEAR’s price.  

Tradingview

Furthermore, the bullish recovery has surpassed the correction-generated bearish trendline and the 23.60% Fibonacci level at $4. With the breakout run gaining momentum, the AI token price can reach $6.44, a 60% rise. 

Injective Protocol (INJ)

In a falling channel pattern, the INJ price reveals a majority of bearish sentiment as it drops under the $20 mark. However, recovering from the recent negative cycle, the INJ price regains bullish momentum from the support trendline. 

TradingView

With a bullish engulfing candle, the AI token was up 23.21% overnight and hit the $17.721 mark. As the bulls prepare to reclaim the $20 mark, the uptrend teases a potential breakout run. 

However, the supply at the confluence of the 23.60% Fib level and the overhead trendline at $23.52 could result in a reversal. Optimistically, the breakout run can pump up to $52. 

Bittensor (TAO)

Bittensor (TAO) has faced significant pressure following its sharp decline from the $350 resistance, with a double-top reversal driving the price down to the $200 level. The neckline of the bullish reversal pattern aligns with the 61.80% Fibonacci level at $358.

Tradingview

Currently, TAO is showing signs of strength with an intraday growth of 2.37%, following the 23.56% jump last night. Surpassing the 38.20% Fibonacci level, the immediate challenge lies at the 50% Fibonacci level, with resistance around $330.

If the bullish momentum continues, TAO could rise further, targeting the double-bottom neckline at $358. A breakout run could propel the AI token toward the $600 milestone, an upside of 90%.

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