{"id":329,"date":"2025-03-17T12:31:35","date_gmt":"2025-03-17T12:31:35","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=329"},"modified":"2025-03-17T12:31:37","modified_gmt":"2025-03-17T12:31:37","slug":"top-3-ai-cryptos-breakout-this-month","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/top-3-ai-cryptos-breakout-this-month\/","title":{"rendered":"Top 3 AI Cryptos to Watch Before Their Breakout This Month"},"content":{"rendered":"\n
The cryptocurrency market continues its strong downtrend, initiated after the rallies at the end of 2024. Over the past 24 hours, the price of Ethereum (ETH) has dropped by over 8%, moving from its December high of $4,000 to its current level of $1,900<\/strong>. This has put immense pressure on the entire altcoin market, including AI cryptos!<\/p>\n\n\n\n In this bearish context, three main AI cryptos<\/strong>, Render, Near Protocol, and Virtuals Protocol, have been pulled down to test key support\/demand areas.<\/p>\n\n\n\n These two tokens have experienced a drop of over 7% in the last 24 hours and a major correction of over 60% in the last 90 days<\/strong>. Here are our Top 3 AI cryptocurrencies to closely monitor in March 2025 before a potential rebound:<\/p>\n\n\n\n The weekly chart of RENDER reveals a clear descending triangle pattern, which has been forming for nearly a year. After reaching a peak at $11.90 in December 2024<\/strong>, the price faced multiple rejections from the descending trendline, leading to a prolonged correction.<\/p>\n\n\n\n Currently, RENDER<\/strong> is trading around the $2.80 demand zone, which previously acted as a strong resistance level before turning into support. This is a crucial level historically associated with bullish reversals. Thus, it is a level to watch for a potential rebound.<\/p>\n\n\n Another key observation is that the price is trading below the 100-day moving average, indicating a strong bearish momentum. However, the MACD<\/strong> indicator shows early signs of weakening selling pressure. The histogram bars are narrowing, indicating that the bearish momentum may be fading. This could pave the way for a potential trend reversal.<\/p>\n\n\n\n If buyers step in and this support level holds, RENDER could experience a rebound towards the upper resistance line of the triangle, potentially targeting the $8.00 range<\/strong> in the short term.<\/p>\n\n\n\n1. Render (RENDER)<\/h3>\n\n\n\n
