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Home Blockchain

AI Tokens Record a Strong Bullish Recovery! Will Bears Trap these Cryptos?

by DigestWire member
February 4, 2025
in Blockchain, Crypto Market, Cryptocurrency
0
AI Tokens Record a Strong Bullish Recovery! Will Bears Trap these Cryptos?
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Crypto Price Today

The post AI Tokens Record a Strong Bullish Recovery! Will Bears Trap these Cryptos? appeared first on Coinpedia Fintech News

The cryptocurrency market has displayed a strong bullish recovery after experiencing a major correction yesterday. Notably, with Donald Trump’s tariff war, the global market has experienced a significant pullback, indicating rising uncertainty in the crypto market.

Considering the present market sentiments, is this the right time to invest in the crypto market? Or is this a bull trap setup? Read our latest price analysis article to find out the possible short-term prospects of the top AI tokens.

Artificial Superintelligence Alliance (FET)

The price of FET jumped 12.53% in 24 hours with a change of +50.48% in its intraday trading volume. With this, this AI token has regained its lost momentum and successfully maintained its value above its important support level. Moreover, with a market cap of $1.91 billion, it has secured the 50th position.

FET Price Analysis 04th February 2025
TradingView: FET/USDT

The Simple Moving Average (SMA) constantly acts as a resistance to the FET price chart. Furthermore, the RSI indicators continue hovering around the oversold range in the daily time frame, suggesting an increase in the bearish outlook for the altcoin in the market.

Suppose, a bullish trend reversal occurs, in that case, the Artificial Superintelligence Alliance price could retest its upper high of $1.650. Conversely, a sustained bearish action could pull the price toward its crucial support level of $0.50 in the coming time.

Planning on investing in Artificial Superintelligence Alliance tokens but concerned with questions like “Will reach $10 this altcoin season?” Read CoinPedia’s latest FET Price Prediction!

Bittensor (TAO)

The 03rd largest Artificial Intelligence token has experienced a bullish reversal over the past day with a trading volume of $435.35 million. Despite recording a YTD return of -17.89%, this crypto token has gained a position in the category.

Bittensor Price Analysis 04th February 2025
TradingView: TAO/USDT

The Moving Average Convergence Divergence (MACD) records a rising red histogram with its averages displaying a bearish convergence. On the other hand, the EMA 50/200-day witnesses a “Death Cross” in the 1D time frame further suggesting an increase in the selling pressure.

If the market favors the bulls, the Bittensor price will retest its upper resistance level of $547 in the coming time. On the contrary, if the bears outrun the bulls, this could result in this AI token crashing toward its important support level of $326.

Are you one of many who are wondering about the long-term price possibilities of the TAO crypto token? Read Bittensor Price Prediction to uncover the possible mysteries!

Virtuals Protocol (VIRTUAL)

The VIRTUAL price has posted a bullish price action by adding 10.63% in 24 hours with a trading volume of $249.36 million. Notably, with a market capitalization of $921.59 million, it has secured the 77th position in the global crypto market.

Virtuals Protocol Price Analysis 04th February 2025
TradingView: VIRTUAL/USDT

The Relative Strength Index (RSI) is on the verge of breaking down its oversold range in the daily time frame. Furthermore, the SMA indicator records a similar price trend in the Virtuals Protocol price chart. This hints that the altcoin may continue losing value this week.

Maintaining the price above its important support level of $1.280 could set the stage for this altcoin to head toward its upper target price of $2.830. However, if the bears dominate the crypto space, this could result in the VIRTUAL price dropping toward its low of $1.

Are you curious about the latest AI project’s fundamental aspects and long-term price targets? Read VIRTUAL Price Prediction 2025 and beyond!

FAQs

What is FET in price?

With a 24-hour trading volume of $682.053 million, the Artificial Superintelligence Alliance price is presently exchanging hands at $0.791.

What is the value of TAO?

At the time of writing, the value of one Bittensor token was $455.11.

Is Virtuals listed on Coinbase?

Yes, VIRTUAL crypto tokens are available for buying, selling, and holding on the Coinbase cryptocurrency exchange.

How much is Virtuals Protocol worth?

The price of VIRTUAL token today is $1.4265.

Read Entire Article
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