- RNDR holds bullish momentum as trading volume rises and support levels strengthen
- TAO sees strong recovery with volume surge and key resistance near $390 looming
- FET rebounds sharply as demand zone forms and volume spikes nearly 43%
The buzz around artificial intelligence has sparked renewed investor interest in tokens like Render (RNDR), Bittensor (TAO), and Fetch.ai (FET). These projects, which are deeply embedded in the AI narrative, are drawing significant attention as the broader crypto market grapples with its own volatility.
However, while hype can spark short-term rallies, sustaining momentum requires more than headlines. Traders are now closely examining whether these tokens can maintain their upward trajectory as the AI sector matures and investor scrutiny intensifies.
Render (RNDR) Gains on Surging Trading Volume
Render (RNDR) recently surged to $3.61, marking a 4.96% gain on the day. The token has shown notable resilience, bouncing back from a low near $3.43.
This level now acts as a solid short-term support. In addition, the $3.45 to $3.48 range, previously a consolidation zone, reinforces the bullish setup.
The formation of higher highs and higher lows signals improving market sentiment. A breakout above $3.61 may push RNDR toward the $3.65 to $3.68 resistance area.
Significantly, 24-hour trading volume jumped over 22%, supporting the bullish momentum. With a market cap of $1.87 billion and growing community interest, RNDR remains a strong contender in the AI asset space.
Bittensor (TAO) Rebounds with Conviction
Bittensor (TAO) exhibited sharp price recovery after an early dip to $355. It now trades at $383.86, gaining 4.22% on the day.
Strong buying pressure at the day’s low created a solid support base. Besides, the $369 to $370 range, where recovery picked up speed, now acts as additional support.
TAO’s upward trend appears convincing, especially with volume up by more than 50%. If it crosses the $385 mark, the next likely target sits around $390. The project’s capped supply of 21 million tokens and increasing network activity give it a unique appeal within the decentralized AI ecosystem.
Fetch.ai (FET) Gains Ground Amid Rising Interest
Fetch.ai (FET) joined the rally with a 6% daily gain, pushing its price to $0.733. Despite a sharp dip early in the session, FET quickly reversed and moved steadily upward. The day’s low at $0.664 has now become a vital support.
The $0.700–$0.705 range also shows signs of being a new demand zone. If momentum holds, resistance is expected near $0.750. Significantly, FET’s 24-hour volume jumped by nearly 43%, highlighting increasing investor attention.
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