Hello everyone, I am Panny.
The wave of artificial intelligence has reignited investors' interest in tokens like Render (RNDR), Bittensor (TAO), and Fetch.ai (FET). These projects, deeply rooted in the AI narrative, are gaining widespread attention as they navigate their own volatility in the broader cryptocurrency market.
Trading volume surged, and RNDR's earnings are strong.
Render (RNDR) recently surged to $3.61, with a daily increase of 4.96%, showing significant resilience, having rebounded from a low near $3.43.
This level currently constitutes a solid short-term support. Moreover, the previous consolidation range of $3.45 to $3.48 has reinforced the bullish pattern.
The continuous rise in highs and lows indicates that market sentiment is improving. A breakthrough at $3.61 may push RNDR towards the resistance area of $3.65 to $3.68.
Notably, the 24-hour trading volume surged over 22%, supporting bullish momentum. RNDR's market cap reached $1.87 billion, and community interest is growing, making RNDR a strong competitor in the AI asset space.
TAO rebounds strongly.
Bittensor (TAO) dropped to $355 in the morning but saw a significant price recovery. It is currently trading at $383.86, up 4.22% for the day.
Strong buying pressure at the day's low created a solid support base. Additionally, the range of $369 to $370 (the area of accelerated rebound) currently provides extra support.
The upward trend of TAO is convincing, especially with trading volume growth exceeding 50%. If it breaks through the $385 mark, the next target price may be around $390. The project's capped supply of 21 million tokens and increasing network activity give it a unique appeal in the decentralized AI ecosystem.
FET is making progress in growth.
Fetch.ai (FET) also joined this wave of rising market, with a daily increase of 6%, pushing the stock price up to $0.733. Despite a significant drop in the morning, FET quickly recouped its gains and is steadily rising. The day's low of $0.664 has now become an important support level.
The range of $0.700 to $0.705 also shows signs of becoming a new demand zone. If momentum continues, resistance is expected around $0.750. Notably, FET's 24-hour trading volume has surged nearly 43%, highlighting the increasing attention from investors.
Welcome to join Panny's battle team group!
I am Panny, a long-term coin holder. I don't touch contracts or leverage. I earn coins in bear markets and earn USDT in bull markets. If you are also this kind of person, then welcome to follow Panny.
Let's traverse the bull and bear markets together, huddling for warmth, and strive to be a bit coarser leek.
