Gaming and AI Bulls Are Beginning to Show Strength: Analyst

• Bulls have begun to show strength in the gaming and AI sectors.
• According to Crypto Tony, it is only a matter of time before a surge begins in those sectors.
• Multiverse (AI) has gained nearly 45% in the past four days.

According to Crypto Tony, the prominent cryptocurrency and NFT investor, bulls have begun to show strength in the gaming and AI sectors. Tony predicted in a recent post on X (formerly Twitter) that it is only a matter of time before a surge begins in those sectors.

Tony made his prediction after some AI-based tokens like Multiverse (AI) started displaying significant bullish momentum. AI has gained nearly 45% in the past four days, rising from $0.0003149 to $0.0004561. It broke above multiple resistances to test the highest price it had reached since September.

AI’s bullish momentum remained intact at the time of writing, with the price forming more bullish candles on the hourly chart. If the price makes a convincing break above this region, the AI-based token could rise to $0.0005100, which marks the next resistance level.

While Multiverse may be in the early stages of an uptrend, Fetch.AI (FET) appears to be on its way to new heights already. Data from TradingView shows FET has gained 94% within the past two weeks, as the price rose from $0.1991 to $0.3615 over the same period.

FET’s rise is characteristic of a return of market volatility, as the price produced a series of consecutive bullish candles on the daily chart, smashing through the resistance at $0.2735. The price rally suggests a return of the bulls to the AI digital assets market that could lead to higher prices with sustained momentum.

Many of the respondents to Tony’s post seemed excited by his prediction, with some mentioning their preferred AI tokens and their expectations. However, one user who appeared as a lone voice in the crowd remained critical of the sector. The user, Benis, insisted that most of the AI tokens are ‘from unsustainable projects.’