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With the rise of Bitcoin, investors have started to shift their attention towards altcoin projects. Recently, artificial intelligence tokens have gained popularity among investors and have experienced significant value gains. So, what is the current status of the top three artificial intelligence tokens in the market? Let’s examine them together.
RDNT: Render Graphic Analysis
RDNT, the token with the highest market value among artificial intelligence tokens, has started to make its investors happy. The absence of any breakouts in the rising channel formation on the two-hour chart has particularly pleased futures traders. However, the recent decline has brought RDNT to a support level, which should be closely monitored.
The support levels to watch for RDNT on the two-hour chart are as follows: $0.2363, $0.2312, and $0.2263. A bar closure below the $0.2363 level would result in a breakdown of the formation structure and accelerate the decline. The resistance levels to watch for RDNT are: $0.2431, $0.2477, and $0.2537.
FET: Fetch ai Graphic Analysis
Another popular artificial intelligence token, FET, has an interesting formation on the two-hour chart, which is an ascending channel formation. The increasing interest in artificial intelligence projects in recent days has also influenced the chart structures of prominent projects in this sector. However, FET has not yet touched the support line like RDNT and continues to instill confidence in its investors.
The support levels to watch for FET on the two-hour chart are as follows: $0.3113, $0.2964, and $0.2835. A bar closure below the $0.2964 level would cause a breakdown in the structure and trigger a price decline. The resistance levels to watch for FET are: $0.3236, $0.3465, and $0.3628.
AGIX: SingularityNET Graphic Analysis
Another artificial intelligence token that crypto investors closely follow is AGIX, the native token of the SingularityNET project. The two-hour chart shows an ascending channel formation. Recently, AGIX experienced selling pressure at the resistance level, so attention should be paid to the support level for now.
The support levels to watch for AGIX are as follows: $0.2116, $0.2044, and $0.1964. A bar closure below the $0.2116 level would result in a breakdown of the structure and accelerate the downward momentum. The resistance levels to watch for AGIX are: $0.2191, $0.2228, and $0.2304.
