{"id":260817,"date":"2024-03-07T19:58:37","date_gmt":"2024-03-07T14:28:37","guid":{"rendered":"https:\/\/dripp.zone\/news\/how-price-prediction-on-ai-crypto-tokens-hint-fresh-recovery-in-bitcoin-crypto-news\/"},"modified":"2024-03-07T19:58:41","modified_gmt":"2024-03-07T14:28:41","slug":"how-price-prediction-on-ai-crypto-tokens-hint-fresh-recovery-in-bitcoin-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/how-price-prediction-on-ai-crypto-tokens-hint-fresh-recovery-in-bitcoin-crypto-news\/","title":{"rendered":"How Price Prediction On AI Crypto Tokens Hint Fresh Recovery In Bitcoin &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Crypto Price Prediction: <\/span><span style=\"font-weight: 400;\">Amid the renewed recovery trend in the crypto market, AI-related tokens have emerged as the highest-performing sector as assets like Fetch.ai, Render, Near Protocol, and SingularityNet showcased double digital within 24 hours. This recovery witnessed an additional boost with the upcoming <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/nvidia-overtakes-saudi-aramco-as-worlds-third-largest-company\/\">NVIDIA<\/a> 2024 GTC AI conference scheduled for March 18 to 21. The event dedicated to the latest advancements in GPU technology, AI, and their applications across various sectors will significantly impact the world of AI tokens and cryptocurrencies.<\/span><\/p>\n<p>As per coinmarketcap, the market cap of Top AI &#038; Big Data Tokens surged by 14.86% to currently stand at $37.8 Billion.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\">Despite a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/blog\/why-did-the-crypto-market-crash-today\/\">recent sell-off<\/a> that temporarily drove the Bitcoin price down to $57,500, the cryptocurrency market has maintained its bullish stance. The rapid recovery of Bitcoin, the leading cryptocurrency in terms of market capitalization, spurred a \u2018buy the dip\u2019 mentality among investors, allowing it to swiftly reclaim its position above $67,000.<\/span><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/crypto-prices-today-march-7th-bitcoin-nears-66k-ethereum-closer-to-3800-as-sol-xrp-pepe-gain\/\">Crypto Prices Today March 7th: Bitcoin Nears $66K, Ethereum Closer To $3800 As SOL, XRP, PEPE Gain<\/a><\/p>\n<h2><b>1)Render (RNDR)<\/b><\/h2>\n<figure style=\"width: 1946px\" class=\"wp-caption alignnone\"><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/t\/tgukVphR.png\" alt=\"BINANCE:RNDRUSDT Chart Image by sahilmahadik07\" width=\"1946\" height=\"893\"\/><\/noscript><figcaption class=\"wp-caption-text\">Render (RNDR)| Tradingview<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/what-is-render-network\/\">Render<\/a> is a decentralized platform enabling artists and creators to access distributed GPU rendering power for 3D content creation on the Ethereum blockchain. Its unique model democratizes access to rendering resources, supporting innovation in VR, AR, and gaming. RNDR stands out for incentivizing both GPU owners and content creators, fostering a robust ecosystem.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By the press time, the Render coin market cap stands at $3.59 Billion and has witnessed $1.18 Billion in trading volume, a surge of 200% since yesterday. Recent price movements of RNDR show sustainability above the $6 psychological level despite the early week selling in the crypto market. The altcoin witnessed an immediate reversal from the above-mentioned support, accounting for a 38% surge in the last 48 hours.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This price jump breached the neckline resistance of a bullish reversal pattern called rounding bottom signaling, the RNDR price is set for further growth. As altcoin is currently in price discovery mode, the buyers may face overhead resistances at $10.75, followed by $13.16.<\/span><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/heres-why-ai-tokens-fet-rndr-near-others-are-rallying-today\/\">Here\u2019s Why AI Tokens FET, RNDR, NEAR &#038; Others Are Rallying Today<\/a><\/p>\n<h2><strong>2)NEAR Protocol(NEAR)<\/strong><\/h2>\n<figure style=\"width: 1946px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"BINANCE:NEARUSDT Chart \" width=\"1946\" height=\"893\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/r\/RgjI068j.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/r\/RgjI068j.png\" alt=\"BINANCE:NEARUSDT Chart \" width=\"1946\" height=\"893\"\/><\/noscript><figcaption class=\"wp-caption-text\">NEAR Protocol(NEAR)| Tradingview<\/figcaption><\/figure>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\">NEAR Protocol is a layer-1 platform that prioritizes scalability and usability, offering a solution to the common blockchain trilemma of achieving scalability, security, and decentralization without compromise. It employs a unique nightshade sharding technology to process transactions efficiently and at lower costs, facilitating a developer-friendly environment for creating decentralized applications (dApps) that can serve mass numbers of users.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">NEAR, the native token of this blockchain has witnessed an aggressive recovery within a month, as the price surged from $2.68 to $5.6 to register 110% growth. Similarly, the coin\u2019s market cap reached to $5.87 Billion and the trading volume is wavering at $1.8 Billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This recovery under the influence of a rounding bottom pattern may face supply pressure at $6.12, followed by $8.22. However, the overextended rally may call for a minor pullback in <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/near-protocol\/\">Near Protocol price<\/a> and seek support at the $4.6 or $3.6 mark.<\/span><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/bitcoin-news-bitwise-ceo-highlights-btc-potential-amid-egypt-crisis\/\">Bitwise CEO Highlights Bitcoin\u2019s Potential Amid Egypt Crisis<\/a><\/p>\n<h2><b>3)SingularityNET(AGIX)<\/b><\/h2>\n<figure style=\"width: 1946px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"BINANCE:AGIXUSDT Chart \" width=\"1946\" height=\"893\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/0\/05doc4ig.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/0\/05doc4ig.png\" alt=\"BINANCE:AGIXUSDT Chart \" width=\"1946\" height=\"893\"\/><\/noscript><figcaption class=\"wp-caption-text\">SingularityNET(AGIX)| Tradingview<\/figcaption><\/figure>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/blog\/singularitynet-price-what-will-be-my-portfolio-if-singularitynetagix-hits-1\/\"> SingularityNET<\/a> is a decentralized platform that aims to facilitate the creation, sharing, and monetization of artificial intelligence (AI) services at scale. It stands out for its ambitious goal to become a central hub for AI services that can be used across various industries, leveraging the blockchain to ensure decentralization, transparency, and accessibility.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Amid the increasing popularity of AI tokens, the AGIX token price witnessed a massive inflow in the last six weeks, propelling its market cap to $1.58 Billion. The daily chart showcases a jump from $0.237 to the current trading price of $1.19, registering a 400% rise.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the recent breakout of $1.02, the AGIX price may extend the recovery trend to $1.56, followed by $1.91. Alternatively, a suitable support on the downstand is marked at $1.02 to $0.8.<\/span><\/p>\n<h2><strong>Takeaway<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">The crypto assets linked to Artificial intelligence are riding a high momentum rally with many hitting new all-time high values. If the broader market sustains its bullish trend, the occasional pullback in this asset may offer lucrative entry opportunities.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p class=\"m-0\">Related Articles<\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/how-price-prediction-on-ai-crypto-tokens-hint-fresh-recovery-in-bitcoin\/\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/how-price-prediction-on-ai-crypto-tokens-hint-fresh-recovery-in-bitcoin\/\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA184587\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD184587\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/why-google-apologize-to-india-for-ai-political-bug\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/cropped-image-24.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Why Google apologize to India for AI political bug?\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/cropped-image-24.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/cropped-image-24-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/cropped-image-24-150x200.jpg 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/div>\n\n\n                \n\n<div class=\"Educontent\">Why Google apologize to India for AI political bug? <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n              \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/why-elon-musk-trolls-meta-as-it-crashes\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2022\/12\/cropped-skynews-elon-musk-twitter_5938597.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Why Elon Musk Trolls Meta as it Crashes?\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2022\/12\/cropped-skynews-elon-musk-twitter_5938597.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2022\/12\/cropped-skynews-elon-musk-twitter_5938597-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2022\/12\/cropped-skynews-elon-musk-twitter_5938597-150x200.jpg 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/div>\n\n\n                \n\n<div class=\"Educontent\">Why Elon Musk Trolls Meta as it Crashes? <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n              \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/5-reasons-solana-will-outpace-bitcoin\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/cropped-image-19.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"5 Reasons Solana Will Outpace Bitcoin\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/cropped-image-19.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/cropped-image-19-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/cropped-image-19-150x200.jpg 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/div>\n\n\n                \n\n<div class=\"Educontent\">5 Reasons Solana Will Outpace Bitcoin <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n     \n                              \n          <\/div>\n\n\n    \n          \n \n    \n            \n    <\/div>\n\n        --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto Price Prediction: Amid the renewed recovery trend in the crypto market, AI-related tokens have emerged as the highest-performing sector as assets like Fetch.ai, Render, Near Protocol, and SingularityNet showcased double digital within 24 hours. This recovery witnessed an additional boost with the upcoming NVIDIA 2024 GTC AI conference scheduled for March 18 to 21. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":260818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-260817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/260817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=260817"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/260817\/revisions"}],"predecessor-version":[{"id":260819,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/260817\/revisions\/260819"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/260818"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=260817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=260817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=260817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}