Artificial intelligence (AI) tokens are making waves, with Humans.ai (HEART), VIRTUAL Protocol and DIA becoming the top gainers among AI tokens in the third week of October. HEART is up 88%, while VIRTUAL and DIA are up 76% and 21.67%, respectively.
Each project offers unique contributions to AI and blockchain technology, fueling investor interest. However, chart indicators signal caution as key resistance levels and overbought conditions could potentially influence future moves.
Human AI (HART)
Humans.ai (HEART) is up 88% in the past week, positioning itself as the biggest gainer among AI-related coins with a market cap of at least $100 million. The project is building a comprehensive platform for large-scale AI creation and management.
Chart analysis shows that HEART could continue its uptrend as indicated by the EMA (Exponential Moving Average) lines that form a bullish pattern. The next major resistance levels are at $0.026 and $0.031, and if we break these, HEART could rise further towards $0.040, marking a potential price doubling.
Read more: How to invest in artificial intelligence (AI) cryptocurrencies?
However, the RSI (Relative Strength Indicator) currently stands at 73.61, which indicates that the asset is approaching an overbought situation, which could lead to a correction. In the event of a reversal, HEART has reached a support around $0.016, and if that level does not hold, it could fall further to a support at $0.010 or even $0.007, which would represent a correction of up to 65% from current levels would mean.
Virtual Protocol (VIRTUAL)
VIRTUAL Protocol (VIRTUAL) has surged 76% over the past seven days, becoming one of the biggest gainers among artificial intelligence coins. The project is a decentralized platform that enables the development and monetization of AI personas for virtual worlds, including games and metaverses.
Chart analysis indicates that VIRTUAL could maintain its upward momentum as the EMA lines currently reflect a bullish trend. The next resistance level to watch is at $0.146, which suggests 46% upside potential.
However, the current RSI of 64.29 indicates that VIRTUAL is approaching overbought territory, which could limit further gains or cause a temporary pullback. In the event of a trend reversal, VIRTUAL has solid support at $0.073, which would represent a potential 27% correction from the current price.
SLIDE
And finally, DIA is up 21.67% over the past week, demonstrating remarkable strength in the market. DIA provides cross-chain oracle solutions for the Web3 ecosystem, offering a range of services including price feeds for digital assets, custom floor price feeds for NFTs, and randomness for DeFi and GameFi applications.
Read more: How Will Artificial Intelligence (AI) Transform Crypto?
Chart analysis shows that DIA could maintain its upward momentum as indicated by the bullish alignment of its EMA lines. The next resistance levels are at $1.18 and $1.25. However, the narrowing distance between the EMA lines indicates that bullish momentum may be weakening, and caution is advised as it could indicate an impending consolidation or reversal.
Furthermore, the RSI for DIA currently stands at 59.55, which indicates that DIA is not yet in overbought territory, but could be approaching it, suggesting that there is some room for further growth. If the trend reverses, DIA has strong support at $0.72 and $0.66, but a break below could lead to a further decline, possibly to $0.569, representing a possible 44% price correction.
Disclaimer
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