3 AI Tokens To Watch: Eyeing Double-Digit Growth This Week

There are hundreds of AI crypto projects and AI tokens in the crypto market, but few stand out. Those that stand out include AIOZ Network (AIOZ),  PaLM AI (PALM) and PlatON (LAT).

The market cap of AI crypto projects was noted at around $28 Billion. It experienced a significant surge over the past few months. 

PlatON (LAT) Breaks Out: Could This AI Token Rally?

PlatON (LAT) experienced a sharp weekly surge over 64% and crossed multiple clusters in a single go. Fueled by the massive volume buying action, the token has breached its significant moving averages and sustained beyond it.

LAT formed a double bottom near the $0.00600 support and turned sharply back from there, giving a breakout.

At press time, this AI Token was trading at $0.0119 with an intraday surge of over 0.09%, reflecting neutrality. Moreover, the market cap rose to $70.67 Million. While the token is set for a sharp upward rally ahead.

Technicals look robust and convey that the bears are in the lead. Bears have begun to cover their positions, which might trigger a rise soon.

PaLM AI (PALM) Lifted Back From Lows: Can it Reach the $1 Mark?

PaLM AI (PALM) exhibited a sharp surge of over 32% this week. Last week, it retested its 52 week low mark of $0.2400 and turned back sharply from there.

A monthly price surge of around 155% was seen. The AI token is close to registering a breakout. It was trading inside a falling channel and reached the brink of the trendline.

Once it breaks and closes beyond $0.7200, a significant bullish rise is expected.

At press time, PALM was trading at $0.683 with an intraday drop of 2.30% reflecting slight profit booking. It crossed the key EMAs and is set to outperform others.

The RSI and the MACD reflect sustained buying pressure and plotted a bullish crossover. These suggest a breakout is imminent.

AIOZ Network (AIOZ) Primed For a Breakout: What’s Next?

AIOZ Network is a decentralized platform for Web3 AI, storage, and streaming. It aims to create a faster, more secure, and decentralized future.

AIOZ Network gained 37% over the week. The recent development in the price was largely driven by optimism in the broader market and positive development in the ecosystem.

The daily chart of AIOZ signifies that it is trading inside a declining channel and continues to form lower low swings. Last week, it rebounded from the channel low of $0.4000 and sharply pulled back.

At press time, AIOZ was trading at $0.621 with an intraday drop of 2.12% signifying a neutral outlook. The short term trend is bullish and it could revisit the channel highs of $0.7000 shortly.

This week, a bullish crossover was noted as it climbed beyond key moving averages.

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