The post Near Protocol (NEAR) & $FET Price Rebound, 30% Surge Incoming? appeared on BitcoinEthereumNews.com.

The price volatility in the crypto market resumes with top tokens recording a significant price movement in their valuations within a short period. Moreover, the altcoin leader, Ethereum price continues trading around its $2.65K mark over the past week. On the other hand, the AI category has regained momentum and has displayed a constant rise in their respective portfolios over the past few days. With the rising price fluctuations, is this the right time to invest in altcoins? Let’s take a quick look at the market sentiment, price analysis, and potential short-lived price projections of the top 2 Artificial Intelligence (AI) for this month. Artificial Superintelligence Alliance (FET) Price Action With a jump of 5.34% within the past week, the Artificial Superintelligence Alliance price has claimed the 32nd position in the global crypto-list with a market capitalization of $2.230 Billion. Further, it has added 2.89% within the past day with a trading volume of $104.49 Million. TradingView: FET/USDT The Relative Strength Index (RSI) displays a constant rise in the FET price chart, suggesting a weak price action for the altcoin in the crypto market. Moreover, the average trendline records a flatline, suggesting uncertainty in future price projections. If the market pushes the FET price above its resistance level of $1.050, the bulls will prepare to test its upper level of $1.650. On the flip side, a bearish reversal could pull the altcoin toward its crucial support level of $0.50 this month. Near Protocol (NEAR) Price Action Amid increased price action in the cryptocurrency space, the Near Protocol price has jumped approximately 3% within the past day with a change of +31.85% in its trading volume to $234.83 Million. Despite recording a bearish action over the past weeks, it has a YTD return of over 10%. TradingView: NEAR/USDT The technical indicator,…

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Filed under: News - @ August 14, 2024 11:26 pm