3 February will remain in memories of cryptocurrency lovers. D. Trump’s decision on customs tariffs destabilized the market and bitcoins forcibly dropped up to $ 91,000. In the end, after successful negotiations, a break on customs tariffs was taken and the threat of the trade war was dispersed (for now). Bitcoin immediately responded positively and bounced over $ 100,000. If the BTC price continues to oscillate around $ 100,000, altcoins have been significantly repaired and the artificial intelligence sector (IA) is not tested. Should we take care of this sector that has trouble exploding? Let’s evaluate artificial intelligence!
Artificial intelligence throws itself after Bitcoin’s fall
Bitcoin again reminded the operators that he was king of cryptocurrency. Bitcoin has fell by more than 15 % from above recorded around $ 109,000and altcoins bleeding. SectorArtificial Intelligence has been found in December since ::
The current situation even forces you to think of Double upper upper part in 2021. Whatever happens, The situation is far from positive For sector AI. Hopefully, the situation can improve in the coming weeks and months, analyzing the most capitalized assets in this industry.
Bittensor (Tao) tries to recover to support for $ 350
Course Tao is generally bullBut it evolves inside a Range between $ 670 and $ 210 since March 2024. After he was Rejected to resistance to $ 670Tao has dropped by nearly 70 %. Eventually the buyers reacted under Support for $ 350and the course maintains this technical level for now:
In order Find the latest heightsIt will be necessary to exceed for Institutional bias (EMA 9/EMA 18) Bettler And take it back Level 470 $ as support. But if the course continues to block at the level of mobile diameters 9 and 18 sheets, the course could Fall on the bottom of the range for $ 210.
The RSI is down For several weeks and he left Stuck under the trend line Downstream. If the situation remains likely, this is Sellers who have the advantage of momentum.
Alliances for artificial superintelligence (FET) in February 2024 returns to equivalent levels
After Best recorded in MarchThe course has succeeded Break downstream trend line. However, the buyers could not keep their hands for a long time. The sellers actually appeared around Resistance 1.9 $and then the course dropped by more than 70 %. Fet fallen under the last cavity in August 2024 and it is Revenue from $ 0.6the level that had has not been achieved since February 2024 ::
The course is trying to keep Support for $ 0.75But sellers had their hands from the top of December. Is evolving Under the trend line Downstream AND Under the mobile media 9 and 18 horses. In case of bouncethe course could find Resistance 1.1 $. But if the course remains stuck under the trend line, it stays brittle. In addition, if the course fall and lose supportFET could be on the next Solid support located on $ 0.5.
The RSI FALL For several weeks Sellers have the advantage of momentum For the time being.
To jump to come to support $ 3.5 for almost a protocol (close)?
He returned to the level near Summit from 2024 and resistance for $ 7.8But the course was made forcibly release. After this refusal, the course fell on Support $ 5.5. Support finally dropped and the course joined to Level $ 3.5 ::
We can say that almost develops va Range between $ 3.5 and $ 7.8 since March 2024. Be careful because if $ 3.5 don’t holdSellers could send a course to the next Support $ 2,5. In case of bouncereturn to Resistance for $ 5.5 is possible. But we will have to find cavities and bright ascending peaks behind the mobile diameters of 9 and 18 that hope for a new increase on this active.
Momentum RSI falls for several weeks. So they are Sellers who have their hands on dynamics.
Rendering (plotting) returns to the trend line Downstream and support for $ 4.5
The rendering course has broken downstream trend lineand that sent a course to a level Resistance to 11 $. But then the course failed and is currently trying Stabilize support to $ 4.5 and around Dowing Trendline ::
We will have to find cavities and bright ascending peaks Before you can hope for A new significant increase. On the other side and Jump to resistance for $ 6.5 It is quite possible. If Support of $ 4.5 Don’t hold, the course could drop again at the level Support of $ 3.5. PUSH Zone between $ 3.5 and $ 4.5 held and New reflection It is possible in this area.
The RSI is downBuyers no longer have the advantage of momentum unless dynamics change.
Will the buyers be after the fall after the autumn on the ascendant on the Internet computer (ICP)?
ICP was not spared by the fall of Bitcoin. The course actually returned to Support 7 $ after being Rejected to Resistance for $ 14.5 ::
The course will remain brittle If it develops Under the trend line Downstream AND Under the mobile media 9 and 18 horses. In addition, and Loss 7 $ can generate volatility down to the next Support $ 5. The course develops on support that has allowed rebounds in the past A new shopping reaction is possible. In this case, the course could return to Resistance to 9 $. Part of it RSI FALL Since the beginning of December, this is the case Sellers who have an advantage in dynamics.
Key elements to remember
For several weeks, sellers were checked in the artificial intelligence sector. The situation does not look like a bull market, but various assets analyzed are back to support that could allow rebounds. Will the AI ​​revive? Altcoins are really difficult to perform during this cycle.