Nvidia, besides being the largest company in the world, also plays a crucial role in advancing Artificial Intelligence. Given its prominence in this industry, crypto tokens associated with AI in the past have reacted erratically after Nvidia's quarterly earnings report, which is preparing for its earnings report for the first quarter of 2026 on Wednesday, May 28.
The first quarter (Q1) of fiscal year 2026 covers the period from January 29, 2025, to April 27, 2025. Investors and the market expect positive results, with a revenue forecast reaching $43 billion (±2%). This would mark a 66% year-over-year increase from Q1 2025. Therefore, BeInCrypto has analyzed three crypto tokens to watch before Nvidia's report.
Render (RNDR)
RNDR has lost some momentum recently, but historically has reacted well to earnings reports. Currently trading at $4.85, the altcoin has gained 8.8% this month. Positive earnings could act as a catalyst, potentially increasing investor interest and raising the price.
The MACD indicator suggests that RNDR is approaching a bullish crossover, signaling the potential for more gains. If the earnings report supports this momentum, the AI crypto token could rise toward $5.44. Breaking this resistance would open the way toward $6.36, marking a significant upward move.
However, if RNDR is overshadowed by other rising tokens, selling pressure could intensify. Failing to maintain support at $4.50 could push the price down to $4.14 or lower, which would invalidate the current bullish outlook.
Superintelligence Alliance (FET)
FET has risen 22% this month, currently trading at $0.906. This strong growth suggests that a positive reaction in the next 24 hours could push the price above the $1,000 mark, signaling renewed investor confidence and momentum for the altcoin.
The Relative Strength Index (RSI) indicates that FET is not yet overbought, leaving room for more gains. However, crossing the overbought threshold could occur if FET manages to break the resistance of $1.048, potentially accelerating the rally.
If FET fails to break the resistance of $0.908, as has happened several times this month, the price could fall back to $0.775. Such a decline would invalidate the bullish outlook and signal weakening investor support.
Bittensor (TAO)
TAO is among the top-performing AI tokens this month, rising 25%. The altcoin recently experienced a Golden Cross, with the 50-day EMA crossing above the 200-day EMA, signaling strong bullish momentum and setting the stage for more gains.
The immediate goal of TAO is to break the resistance level of $471. Overcoming this key psychological barrier could trigger a rally toward $501, attracting new investors and increasing market confidence in the potential of the altcoin.
However, early profit-taking could pressure the price of TAO, pushing it back toward the support level of $410. Failing to break $471 would invalidate the bullish outlook and could lead to further consolidation or decline.
