Why are AI cryptos soaring today?
Interest in decentralized artificial intelligence shows no signs of waning. On the contrary, the AI narrative is making a spectacular comeback to the forefront of the crypto scene. Investors are executing strategic capital rotation, abandoning certain sectors to rush toward blockchain networks that power AI computation and machine learning.
This dynamic is reinforced by the emergence of new global agentic AI systems. In this context, the crypto market is stabilizing and providing fertile ground for a new rally. Volumes are exploding and buying pressure is intensifying on sector leaders.
TAO and RENDER smash through resistance: New ATHs in sight?
Bittensor (TAO) is leading the charge with a meteoric rise, currently trading in a price zone between $237 and $239. The asset has validated a powerful breakout by crossing the critical resistance at $200. This break confirms a double bottom pattern, opening the path toward an ambitious technical target set at $270. A return of TAO to $197 in the coming weeks is possible if Bitcoin fails to maintain $70,000.
Meanwhile, Render (RENDER) is not to be outdone. With a progression of approximately 5% over the last 24 hours, its price oscillates between $1.76 and $1.83. The token has successfully moved back above its 100-day EMA ($1.71), a strong signal of trend reversal. If the bullish momentum maintains, RENDER could quickly target new local highs.
FET confirms its breakout: How high can the price climb?
The Artificial Superintelligence Alliance (FET) also displays a very promising technical configuration. After a long consolidation period and a bounce from its support at $0.14, FET’s price is trading today around $0.175 – $0.18. The asset has brilliantly crossed its 50-day EMA located at $0.1768.
Indicators like the MACD are turning positive, confirming the buying momentum. The next major upside target sits at $0.20 (50% Fibonacci retracement and 4H order block), before aiming for the 100-day EMA at $0.2175. In a bearish scenario, a correction would bring the price back toward its immediate support at $0.1639.
Is the AI token bull run truly back?
The resurgence of TAO, RENDER and FET proves that decentralized AI fundamentals continue to attract both institutional and retail capital. The confirmation of these technical breakouts on key levels suggests the market could be entering a new phase of aggressive expansion.
However, volatility remains the norm and traders will need to closely monitor support zones to avoid the traps of a false retracement.
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