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The AI Crypto Boom: Is This the Beginning of a New Era?2023 has witnessed a significant surge in AI-related cryptocurrencies . This boom can be partly attributed to the explosive growth of NVIDIA (NVDA) stock, a leader in the graphics processing unit (GPU) industry, which are used to train AI models. Factors Driving the Growth NVDA's Rise: NVDA's price has been on a tear, forming a bullish manipulative pattern. This bullish trend has inspired investors to have similar expectations for AI-related coins. AMD's Accumulation-Manipulation-Distribution Pattern: AMD is not a competitor of NVDA in this context, but rather an example of a successful "accumulation - manipulation - breakout" pattern. This pattern is characterized by a period of accumulation, where investors slowly buy up a coin, followed by a period of manipulation, where the price is artificially inflated, and finally a breakout, where the price rises sharply due to increased demand. Effect on Other Coins: The bullish trend in NVDA and the successful breakout of AMD's accumulation-manipulation-breakout pattern have led to a surge in AI-related coins such as RNDR, THETA, NEAR, and FET. A Look at Promising Coins: RNDR: Render Network utilizes a decentralized network for 3D graphics and video rendering. The rise of the metaverse could potentially drive demand for RNDR's services. THETA: Theta Labs aims to revolutionize video streaming by providing a decentralized content delivery network. The growth of streaming content could make THETA an attractive investment. NEAR: NEAR Protocol is a smart contract platform focused on scalability and speed. The growth of decentralized applications (dApps) could make NEAR a valuable choice. FET: Fetch.ai is developing a decentralized network for exchanging data and machine learning models. The growth of AI could increase demand for FET's services. Important Considerations: The cryptocurrency market is volatile and unpredictable. It is crucial to conduct your own research before investing in any coin. This article is not financial advice. Only invest what you can afford to lose. Conclusion AI-related cryptocurrencies are experiencing impressive growth. While it is impossible to say for certain whether this is the beginning of a new era, the possibilities of AI in the crypto space are worth considering. However, it is important to conduct thorough research and understand the associated risks before investing.
RLong
by Yaroslav_Krasko
17
AI CRYPTO FETUSD SEEKING STRENGHT IN PRICE CORRECTIONSSince its December 2023 peak, FETUSD has been in price correction; a successful close above 0.6415 could be a significant indicator of an upcoming upward surge for this AI-powered crypto. N.B! - FETUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #fetusd #crypto #aicrypto #artificialintelligent Follow us for more insights on brilliant market setup!
COINBASE:FETUSDLong
by BullBearMkt
MUSTWATCH : AI Crypto's for 2024 (RNDR, FET, 0X0, PALM)📉Hi Traders, Investors and Speculators of Charts📈 AI isn't a new hype, but much of the crypto community hasn't yet caught on to the AI-usecase coins you can invest in. With microcaps and more established projects to choose from, I've highlighted two of each that I'm super bullish on for 2024. First let's look at the two microcaps, PALM AI and 0X0. When these coins catch mainstream attention, they can easily x10 in the NEXT CYCLE. 1) PALM AI PALM acts as the utility token for PaLM AI, a multi-platform AI chatbot. Engage in conversation, coding, image generation or vision with input of your choice ranging from voice messages to imagery. The developer team is strong with a strong use case, relevant to the ai revolution. The website is incredible - already fully functional and offering real solutions. As you can see, the price is still dirt cheap. 2) 0x0 ai 0x0.ai aims to be a choice for users in the Ethereum network who want to ensure the safety and privacy of their transactions. 0x0.ai focuses on privacy, advanced AI-based safety tools, and a unique revenue-sharing model. With its cutting-edge technology, secure transactions, and opportunities for passive income, 0x0 could revolutionize the DeFi landscape. 3) Render AI Render Network (RNDR) is arguably the first AI cryptocurrency, as it was introduced in 2017. It is promoted as the first decentralized GPU rendering platform that allows artists from various regions of the globe to scale GPU rendering work on-demand using high performance GPU nodes. 4) FETCH AI The Fetch.AI (FET) platform is focused on building and promoting "AI agents," a class of modular building blocks various real-world applications can use for scaling. "AI agents" can either be described as mini-applications or elements of computational infrastructure. AI cryptocurrency FET is an Ethereum-based ERC-20 token that supercharges the tokenomical design of the product and serves as an instrument for its monetization. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck UNISWAP:PALMWETH_051EF3.USD BINANCE:RNDRUSDT BINANCE:FETUSDT BITGET:0X0USDT
UNISWAP:PALMWETH_051EF3.USDLong
by Crypto-Check-
3
🚀 Potential Bullish Move Ahead: AI/USDT Following XAI Coin? 📈 Get ready for an exciting ride! 🎢 AI/USDT appears to be on the verge of a significant upswing, following the footsteps of XAI coin. 📈🔥 The charts of XAI/USDT and AI/USDT share a striking resemblance, indicating a potential bullish trend of 50-100% in the coming days. 📊📈 Brace yourself for a massive surge! 💥🚀 Note: Remember, decisions regarding investments should always be made after thorough research and consultation with financial experts. This is merely an observation and not a recommendation. 📝💼 Stay tuned and keep a close eye on AI/USDT as exciting times may be just around the corner! 🔍🚀
Long
by Crypto-By-Ghazi
1
An AI Crypto Opportunity~OptimusAI Optimus AI - LSE:OPTI - DSS Bressert high cross suggests potential decline before a move higher - Could be 11-15 days of downward/sideways price action as per pattern on chart - An ideal new entry for me would be between 0.117 and 0.113 with…the a higher low established @ 0.095 being a stop loss point - This offers a nice Risk/Reward Ratio of 14 (160%+ potential profit vs – 12% loss). This AI token was recently brought to my attention by the great jonbking from one of his brilliant ChartWizardsNFT weekly reports which I highly recommend. The chart is just my angle of play for this one, and it might not play out like that at all, I'm intrigued though to see what happens over the coming 2 to 4 weeks PUKA
O
by PukaCharts
GRT (the graph) Is confirming breakout from descending channelWe can see here on the weekly chart that GRT (aka The Graph) has broken up from its descending channel and price action is currently very close to the descending channel’s breakout target. Much like many other crypto assets at the moment, we can also see that that descending channel has a large flag pole attached to it as well forming a bear flag. While the descending channel has validated its breakout, it is as of now still uncertain whether or not the bearflag will confirm a bullish breakout as well and pull an inverted Bart pattern. However, CoinMarketCap’s rankings of the “most valuable AI and big data crypto projects and tokens” currently has The Graph as the leading platform in market capitalization. According to Pablo Jodar, a crypto analyst at GenTwo, “I think it is linked to the rally on AI stocks, due to the ChatGPT effect.” Consider all the hype behind AI focused cryptos at the moment this greatly increases the probability that GRT will also confirm the bullish breakout up from the bearflag and reach the higher bearflag target as well. I have posted both targets here on the chart and will update this post once each target is hit. GRT is an indexing protocol that is setting itself up to be the decentralized google for searching blockchains.
COINBASE:GRTUSD
by DrDovetail
3