Here are 3 Altcoins for Those Looking for Attractive Investment Opportunities!

The broader cryptocurrency market suffered losses in previous days. Despite this, several altcoins managed to break away from this pattern and post gains during the same period. Crypto expert Elmaz Sabovic spotlights three altcoins that have come to the fore due to recent price movements, increased investor interest, or external events affecting their prices. The expert says that these elections are attractive investment opportunities for the coming week.

The top altcoin is AI-focused SingularityNet (AGIX)

SingularityNET (AGIX) is a decentralized platform that democratizes access to Artificial Intelligence (AI) services. Using blockchain technology, it creates a marketplace where individuals can create, share and monetize AI services. Considering the recent expansion of AI and Nvidia’s earnings beating high analyst expectations, it’s no wonder why AGIX is rising.

AGIX’s price met and exceeded the expected ‘cup and handle’ price target of $0.50. This shows strong upward momentum. Thanks to this success, investors are now considering the possibility of AGIX reaching $1 in the near future.

AGIX price in the cup and handle. Source: CRUAnalysis

At the time of this writing, the altcoin was trading at 0.71. It has gained a modest 0.77% over the past 24 hours. However, its performance during the week was remarkable with gains reaching 92.62%. It also rose an impressive 179.84% during the month.

AGIX 7-day price chart.

In second place is Siacoin (SC)

Siacoin (SC) is the currency used within Sia Network. Tenants pay hosts with Siacoin to use their hard drive space. Additionally, hosts only get paid after verifying file storage. This is possible through “file contracts” that specify terms such as price and uptime commitments.

The current SIA price trend indicates a strong upward momentum characterized by an uptrend. Notably, it recently broke through a resistance level. Additionally, it has passed a successful retest. This points to a potential continuation of the upward trajectory. This SC price increase can be attributed to the February update of the Sia network, which highlighted significant progress in various aspects, prioritizing stability, performance and user experience. A significant development includes the integration of RHP4 for the upcoming Utreexo hardfork, which aims to increase network efficiency and scalability.

Support and resistance zones of Siacoin. Source: TradingView

At press time, the altcoin was trading at $0.02. It experienced a 12.21% increase in its price in the past day. Additionally, it has gained 61.23% for the week. In parallel, it saw an improvement of 51.10% during the month.

altcoin
SC 7 day price chart.

The last altcoin is the artificial intelligence coin Fetch.ai (FET)

Fetch.ai (FET) is a blockchain platform that uses artificial intelligence to assist individuals in automating routine tasks such as booking parking or booking flights. cryptokoin.comAs you follow from , there was a significant increase in the prices of artificial intelligence-related tokens such as FET over the weekend, following the launch of OpenAI’s revolutionary text-video generator Sora.

Analyst Rekt Capital notes in the latest update that the FET price has experienced its last decline, which lasted about two months, as shown by the yellow circle on the chart. The chart shows that FET price is now ready to challenge the final resistance level. It also signals that it will potentially lead to ATH levels and enter the price discovery zone.

altcoin
FET potential ATH and price discovery. Source: Rekt Capital

At the time of writing, FET was trading at $1.10. The token has made impressive gains of 60.05% in the past week and 86.89% in the past month. However, it has fallen by 2.36% in the last 24 hours. It is worth noting that FET recently reached the ATH level at $1.2.

altcoin
FET 7-day price chart.

The opinions and predictions in the article belong to the expert and analyst and are definitely not investment advice. cryptokoin.com We strongly recommend that you do your own research before investing.

To be informed about the latest developments, follow us twitterin, Facebookin and InstagramFollow on and Telegram And YouTube Join our channel!


source site-1