The cryptocurrency market started to recover last week. The field of Artificial Intelligence continues to grow with wider market insights. Additionally, many unheard of AI coins are experiencing significant gains. Three tokens have outperformed all other AI assets. Analyst Aaryamann Shrivastava is evaluating the technical picture of these tokens.
First artificial intelligence coin: Big Data Protocol (BDP**)**
BDP is not only the best performing artificial intelligence coin but also one of the best performing altcoins in the crypto market. The token has recorded a 93.21% increase in the past three days, raising its growth for this week to 90%. This rally helped the altcoin rise from its lowest level of $0.129 to $0.261. In doing so, BDP invalidated two important resistance levels at $0.161 and $0.236. The AI token is currently facing a resistance at $0.301, which will help consolidate its presence. Due to the cooling of the market after the rally, there is a high possibility of a decline. This could cause the asset to remain stuck between $0.236 and $0.161.
BDP Price Analysis. Source TradingView### In second place comes Vituals Protocol (VIRTUAL)
VIRTUAL did not witness a rally as significant as BDP. However, it still managed an impressive increase of about 50%. This enabled the artificial intelligence token to change hands at $0.037. Nevertheless, there is still a long way to go to recover the profits it has lost in the past few weeks. The collapse in June dropped VIRTUAL from $0.100 to $0.021, requiring a 205% increase to return there. The probability of this happening is low. However, if the resistance of $0.037 is overcome, the artificial intelligence coin may attempt to exceed $0.061 or consolidate below it.
The price of GPT, which should not be confused with ChatGPT, showed performance as good as VIRTUAL, even though it missed the target a bit. With GPT preventing it from falling below $0.073, the asset’s seven-day performance was 36% in the green. As the artificial intelligence coin rose, GPT tried to surpass the $0.111 resistance and reached $0.103. This could send the altcoin to $0.132, providing an increase beyond $0.157. However, a failed breach could keep the asset below $0.111, as it has been for the past three days. This will lead to a sideways movement by keeping GPT above the $0.073 support.
GPT Price Analysis. Source: TradingViewThe views and forecasts in the article belong to the analyst and are definitely not investment advice. Kriptokoin.com strongly recommends conducting your own research before making any investments.
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These 3 Artificial Intelligence Coins Made a Profit in July: Will There Be More?
The cryptocurrency market started to recover last week. The field of Artificial Intelligence continues to grow with wider market insights. Additionally, many unheard of AI coins are experiencing significant gains. Three tokens have outperformed all other AI assets. Analyst Aaryamann Shrivastava is evaluating the technical picture of these tokens.
First artificial intelligence coin: Big Data Protocol (BDP**)**
BDP is not only the best performing artificial intelligence coin but also one of the best performing altcoins in the crypto market. The token has recorded a 93.21% increase in the past three days, raising its growth for this week to 90%. This rally helped the altcoin rise from its lowest level of $0.129 to $0.261. In doing so, BDP invalidated two important resistance levels at $0.161 and $0.236. The AI token is currently facing a resistance at $0.301, which will help consolidate its presence. Due to the cooling of the market after the rally, there is a high possibility of a decline. This could cause the asset to remain stuck between $0.236 and $0.161.
BDP Price Analysis. Source TradingView### In second place comes Vituals Protocol (VIRTUAL)
VIRTUAL did not witness a rally as significant as BDP. However, it still managed an impressive increase of about 50%. This enabled the artificial intelligence token to change hands at $0.037. Nevertheless, there is still a long way to go to recover the profits it has lost in the past few weeks. The collapse in June dropped VIRTUAL from $0.100 to $0.021, requiring a 205% increase to return there. The probability of this happening is low. However, if the resistance of $0.037 is overcome, the artificial intelligence coin may attempt to exceed $0.061 or consolidate below it.
VIRTUAL Price Analysis. Source: TradingView### The latest artificial intelligence coin: QnA3.AI (GPT)
The price of GPT, which should not be confused with ChatGPT, showed performance as good as VIRTUAL, even though it missed the target a bit. With GPT preventing it from falling below $0.073, the asset’s seven-day performance was 36% in the green. As the artificial intelligence coin rose, GPT tried to surpass the $0.111 resistance and reached $0.103. This could send the altcoin to $0.132, providing an increase beyond $0.157. However, a failed breach could keep the asset below $0.111, as it has been for the past three days. This will lead to a sideways movement by keeping GPT above the $0.073 support.
To instantly stay informed of the latest developments, follow us on Twitter**, on* Facebook**, and on* Instagram**, and join our* Telegram and YouTube channels!