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Cryptocurrency News Articles
As Bitcoin bounces back closer to $85000, the AI coins are gradually gaining momentum.
Apr 17, 2025 at 01:08 am
In the past seven days, the RNDR token has surged by 28%, while TAO has surged nearly 15% and WorldCoin has recorded a 10% surge.
As Bitcoin (BTC) bounces back closer to the $85,000 mark, the AI coins are gradually gaining momentum. Among the cryptocurrencies, Render (RNDR), BitTensorTAO (TAO), and WorldCoin (WLD) have witnessed significant growth over the past seven days.
In the past seven days, the RNDR token has surged by 28%, while TAO has surged nearly 15% and WorldCoin has recorded a 10% surge.
DeFi Analyst Predicts AI Token To Blast in 2025
DeFi-Dami, a strategic crypto investor and analyst, highlights the growing narratives in the crypto market.
According to his analysis, the DeFi AI and the AI agents’ narrative in the crypto market has recorded an impressive price performance. The DeFi AI narrative has reached nearly 30%, while the AI agents’ crossed more than 20%.
Amid such conditions, the AI tokens are likely to witness a massive rally as the overall crypto market bounces back.
Furthermore, the analyst predicts a bullish possibility in RNDR token witnessing the short-term recovery.
Based on his analysis over the daily chart, the RNDR token is taking a double bottom reversal. The reversal run challenges a short-term resistance trendline and a supply zone near the $4 mark.
In case of a breakout rally, the RNDR token is likely to hit a price target of $6-$7. Optimistically, the uptrend could reach a previous swing high close to $10.
Analyst Suggests Near 3x Breakout Run in WLD
As per Jonathan Carter, a crypto analyst and charter, the worldcoin price trend is on the verge of taking a parabolic rise.
Currently, the WLD token is consolidating near the center of a descending parallel channel. The WLD token is trading at $0.70, which highlights a low trading volume area.
However, in case of an early breakout, the uptrend is likely to reach the previous high trading activity zone close to the $2 mark, projecting a potential move of nearly 3x.
However, the analyst also highlights intermediate resistance levels near $0.96 and $1.25. On the flip side, the chart highlights a crucial support near the $0.63 demand zone, followed by the descending support trend line.
TAO Price to Hit $413 With A Channel Breakout?
BitTensorTao is approaching the resistance trend line of a falling channel pattern. Currently, the TAO token showcases a bullish failure to cross over the center pivot line.
However, the MACD and signal lines maintain a positive alignment as the TAO token price challenges a critical supply level. With the short-term bounce back within the descending channel, a potential bullish breakout will likely drive the AI token prices to $413.
The price target is based on the R2 pivot resistance level. On the flip side, the crucial support remains at the S1 pivot support at $170.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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