Cryptocurrency analyst David suggests a 100% potential increase for the low-scale altcoin LAI. Analyst Valdrin Tahiri anticipates a 150% surge in NEAR. Analyst “The Flow Horse” draws attention to two altcoins that maintain a bullish outlook.
LAI Price Prediction: Altcoin’s Price Could Increase by 100%!
As reported by Kriptokoin.com, artificial intelligence projects have been attracting investors’ attention in recent days. Bittensor (TAO) leads this trend with a notable growth of 421% in the last 30 days. Leading artificial intelligence tokens like FET and AGIX have also shown impressive increases in recent days. The LayerAI (LAI) price has risen since reaching its all-time low of $0.0058 on October 6, 2023. This movement helped the price break above the significant resistance zone of $0.0082. Furthermore, the uptrend confirmed this as support on November 18 (green arrow). This indicates that the previous downtrend may have ended, and the price could start a new uptrend.
Meanwhile, the daily Relative Strength Index (RSI) has also turned the 50 level into support. Additionally, the RSI, sloping upwards, supports further potential for an increase. Therefore, it is possible for the altcoin price to rise to the nearest horizontal resistance zone at $0.016 in the coming days. Breaking above this level could help the LAI price reach the next significant resistance zone at $0.026, a 143% increase from the current price level.
NEAR Price Prediction: Is there an annual peak on the cards?
The weekly chart supports the continuation of the NEAR price increase. The chart also indicates that the altcoin’s price has broken out from the 440-day descending resistance trendline. A significant bullish divergence in the weekly RSI preceded the increase. Such a divergence occurs when there is an increase in momentum accompanying a price decline. It typically leads to a reversal of the uptrend.
The RSI currently being above 50 further supports this possibility. The main resistance zone is at the $2.70 level. If NEAR surpasses this, it could rise to the next resistance at $5.50 with a 150% increase. Despite this positive NEAR price prediction, a rejection from the $2.70 resistance area could lead to a 30% drop to the nearest support at $1.50.
LINK Price Prediction: Altcoin is Now Ready to Rise!
The crypto analyst known as The Flow Horse, widely followed, suggests that Chainlink (LINK), a decentralized oracle network, is gearing up for a significant bounce following a notable price decline. Meanwhile, the altcoin has retraced its gains from earlier this month. However, the analyst claims that LINK is now poised to resume its upward trajectory. In this context, the analyst shares the following predictions:
FET Price Prediction: “I’m Accumulating on Dips”
The analyst then moves on to Fetch.ai (FET), an artificial intelligence-focused altcoin. The Flow Horse states that they will accumulate the coin on dips as long as it maintains its current upward trend. In this regard, the analyst says, “I’m accumulating on dips as long as FET holds its trend. Again, the narrative is the only AI newcomer.” The views and predictions in the article are those of the analysts and are not investment advice. We recommend conducting your own research before making any investment. Additionally, please consider the highly risky and volatile nature of the cryptocurrency market.