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- 1 Akash Network token (AKT) extended the weekly surge to 45% and witnessed a reversal.
- 2 AIOZ token price bounced from the 200 day EMA mark and gained momentum.
- 3 NOS price recovered from the demand zone and showed accumulation.
Amidst the market volatility, Artificial Intelligence (AI) crypto coins continued to outperform and revealed follow on buying momentum. Nonetheless, AKT, AIOZ, NOS were the top gainers consecutively in the fourth week of the June month and poised for a rise.
Notably, the sectoral craze was noted and the buzzing categories, like memecoins and AI coins were in focus among the investors. Interestingly, this theme has just gained traction. Notably, AI crypto coins delivered positive sentiments, and have a vast upside to go long ahead.
Akash Network (AKT) Surged Over 40% this Week: Rally Imminent?
The Akash Network token (AKT) showcased roller coaster moves and surged over 40% this week. Fueled by the buyers’ accumulation from the support mark of $2.50, the token has gained traction and retained the bullish momentum.
The price action indicates that the token has reclaimed the 20 day EMA mark and is likely to stretch the gains toward the 50 day EMA mark. If it crosses the $4 mark, the buying momentum will increase.
Source: TradingView
At press time, the AKT price traded at $3.65 with an intraday surge of 15.23%, reflecting bullish momentum on the charts. Notably, the trading volume spiked over 122% to $89 Million and the market cap rose to $146.44 Million.
AIOZ Rebounded From 200 Day EMA: Could it Stretch the Pullback Ahead
The AIOZ network (AIOZ) token formed a bullish flag pattern and surged by over 45% this week. Amidst the price retracement in the past few trading sessions, the upside was intact and the token recaptured the 200 day EMA mark.
The price action suggests a potential bull run is intact and the token might show a massive recovery ahead. Once it crosses the make or break region of $0.6500, a short squeeze could result in a gigantic rise.
Source: TradingView
At press time, AIOZ was trading at $0.5554, with an intraday surge of 7.23%, reflecting buying momentum this week.
Notably, the token has climbed above the 100 day and 200 day EMAs in a single shot and is likely to spread its bullish leg toward the $0.6000 ahead.
Fueled by the trading volume surge of 65%, the speculative buying interest was noted. The technicals favor a bounce and the token might spread the bullish wave ahead.
Nosana (NOS) Displays Signs of Accumulation: is the Pullback Chaseable?
The Nosana (NOS) token price showed consistent lower tops and lower bottom sequences and slipped below the key moving averages. However, it was trading inside a falling wedge pattern and resembled a rebound from its lower trendline support zone of $2.
Nonetheless, the token price needs to strike above the 200 day EMA mark to outperform ahead. Once it breaks the trendline barrier of $4, a sharp bull run is likely.
Source: TradingView
At press time, NOS was trading at $3.14 with an intraday surge of 2.36%, reflecting buying momentum on the charts.
In terms of market cap, the token stands at 1980 and has a total supply value of 534.82 million. Its RSI and MACD shows signs of recovery and gave a bullish outlook over the next few sessions.
Are These AI Coins Worth Buying Now?
These Artificial intelligence (AI) crypto coins have just triggered a bullish move and rebounded from the bottom. Its key indicators revealed the bullish momentum and might trigger a rise.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.