According to cryptocurrency analyst Denys Serhiichuk, the correction in the cryptocurrency market may be over. The analyst evaluates the price outlooks of the trending artificial intelligence coins The Graph (GRT), SingularityNET (AGIX) and Oasis Network (ROSE).
Artificial intelligence coins that stand out in the market
As you follow on Kriptokoin.com, the cryptocurrency market started the new year well, but entered the consolidation phase in February. However, AI coins diverged from the market in the process and continued to see incredible gains in the bear market. Let’s take a look at the prominent ones.
Big data and artificial intelligence coins with the highest increase in the last 7 daysThe Graph (GRT)
GRT has become one of today’s top earners, rising more than 16% in the last 24 hours. On the daily chart, GRT price is slowly rising after falsely breaking the support level at $0.1405. At the moment, it is too early to consider a reversal as the altcoin has not accumulated enough strength for this.
GRT price chart / Source: TradingViewHowever, if the candle closes without a wick, the uptrend could continue until the next resistance zone, around $0.17, by the end of the week. GRT is trading at $0.1671 at the time of writing.
SingularityNET (AGIX)
At press time, AGIX is earning even more than GRT, up 29% on a daily basis. On the daily chart, AGIX price has once again bounced off the $0.3597 support. Until the price rises above this mark, there is a chance to see local growth. In this case, the uptrend could continue as far as the middle of the channel, towards the $0.45 zone. AGIX was trading at $0.4581 at the time of writing.
AGIX price chart / Source: TradingViewOasis Network (ROSE)
Among AI coins, ROSE is the least growing cryptocurrency, up 12.8% since yesterday. From a technical standpoint, ROSE is trading similarly to AGIX as the price also incorrectly broke the resistance again. At the moment, it is necessary to pay attention to the daily closing. If it breaks near the $0.07679 resistance, this could be a prerequisite for a price breakout to the $0.09 area as enough strength has accumulated for such a move. ROSE is trading at $0.07914 at the time of writing.
ROSE price chart / Source: TradingView
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