According to crypto analyst David, LAI, a low-cap altcoin, has 100 percent upside potential. Analyst Valdrin Tahiri expects a 150 percent boom from NEAR. The analyst nicknamed The Flow Horse draws attention to 2 altcoins for which he maintains a bullish outlook.
LAI price prediction: Altcoin price may increase by 100%!
cryptokoin.comAs you can follow from , artificial intelligence projects have been attracting the attention of investors lately. Bittensor (TAO) is leading this trend with a significant growth of 421% in the last 30 days. Leading AI tokens such as FET and AGIX have also shown impressive gains in recent days. LayerAI (LAI) price has risen since reaching its all-time low of $0.0058 on October 6, 2023. This move helped the price climb above the key $0.0082 resistance zone. Additionally, the bullish confirmed this as support on November 18 (green arrow). This indicates that the previous downtrend may have ended and the price may start a new uptrend.
Meanwhile, the daily RSI (Relative Strength Index) also turned the 50 level as support. Additionally, the RSI is sloping upwards, supporting the potential for further upside. Therefore, it is possible for the altcoin price to rise to the nearest horizontal resistance zone at $0.016 in the coming days. A break above this level could help LAI price rise to the next key resistance zone at $0.026, up 143% from the current price level.
NEAR price forecast: Is a yearly top on the cards?
The weekly chart supports the continuation of the NEAR price increase. The chart shows that the altcoin price has also broken out of the 440-day descending resistance trend line. A significant bullish divergence in the weekly RSI preceded the increase. Such a divergence occurs when a price decline is accompanied by an increase in momentum. It usually leads to a reversal of the uptrend.
The fact that the RSI is currently above 50 further supports this possibility. The main resistance area is at $2.70. If NEAR breaks above this, it could rise 150% to the next resistance at $5.50. Despite this bullish NEAR price prediction, a rejection from the $2.70 resistance area could lead to a 30% decline to the nearest support at $1.50.
LINK price prediction: Altcoin is ready to rise now!
A widely followed crypto analyst nicknamed The Flow Horse says decentralized oracle network Chainlink (LINK) is poised for a bounce after a significant price drop. Meanwhile, the altcoin pared back gains from earlier this month. However, the analyst suggests that LINK is now ready to continue its rise. In this context, the analyst shares the following predictions:
I bought LINK again and want to buy more. It has already pulled back 22% and even if it goes up to $12 I think we will bounce hard. Short positions were completely closed and the price remained afloat.
FET price prediction: “I save on declines”
The analyst then moves on to the AI-focused altcoin Fetch.ai (FET). The Flow Horse says that as long as the token maintains its current uptrend, it will accumulate coins on dips. In this regard, the analyst said, “As long as FET maintains its trend, I accumulate on declines. Again, AI is the only narrative that is new.” says.
The opinions and predictions in the article belong to the analysts and are definitely not investment advice. cryptokoin.com We strongly recommend that you do your own research before investing. Additionally, we recommend that you take into account the highly risky and variable nature of the cryptocurrency market.
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