Connect with us

Market

AI Coins That Performed Well in September 2024’s Second Week

Published

on


September 2024 began on a tough note for several Artificial Intelligence (AI) Coins. However, as soon as the second week started, things changed, making the week a much better one than the last.

These upswings could be linked to notable developments related to OpenAI. Here are the top 3 AI coins that outperformed the rest in the second week of September 2024.

NodeAI (GPU)

NodeAI, a decentralized platform offering access to AI resources and GPUs, uses blockchain technology to allow users to tap into AI nodes and lend their hardware devices. The project also supports staking GPU tokens for Ethereum (ETH).

This week, GPU’s price surged by 26% between September 8 and 12, coinciding with OpenAI’s push to increase its valuation. The price upswing brought the altcoin to $0.74 before dipping to $0.71 at the time of writing.

However, based on the Moving Average Convergence Divergence (MACD), the token’s price may be poised for a rebound.

Read more: AI in Finance: Top 8 Artificial Intelligence Use Cases for 2024

NodeAI Daily Analysis.
NodeAI Daily Analysis. Source: TradingView

The daily chart shows that the MACD, a momentum indicator, remains in the positive region. If this momentum holds, GPU’s price could climb to $0.85. However, if profit-taking increases, this forecast might be invalidated, potentially causing the cryptocurrency’s price to drop to $0.62.

Bittensor (TAO)

TAO, the native token of the decentralized blockchain machine-learning network Bittensor, experienced a 26% price surge. On September 6, TAO’s price was at a key support level of $231.24.

According to the daily chart, the rebound from this support helped TAO break above the next support at $255.46. The token now trades at $288.97, with the Relative Strength Index (RSI) positioned above the signal line, signaling increasing bullish momentum.

If this continues, TAO’s price could rise to $312.17. However, if the bulls fail to maintain this momentum, the uptrend may stall, potentially causing the price to drop back to the underlying support level.

Bittensor Daily Analysis.
Bittensor Daily Analysis. Source: TradingView

Aleph.im (ALEPH)

Aleph.im, a decentralized blockchain project focused on identity and file storage, recently saw its token, ALEPH, surge by 28%, making it one of the top-performing AI coins.

Currently, ALEPH trades at $0.16. The Bull Bear Power (BBP) indicator shows a strong positive reading, signaling that buyers are in control. A positive BBP suggests bullish momentum, and the current reading aligns with the development of a new ChatGPT model, indicating potential for further price increases.

Read more: How to Invest in Artificial Intelligence (AI) Cryptocurrencies?

Aleph.im Daily Analysis.
Aleph.im Daily Analysis. Source: TradingView

If the trend continues, ALEPH’s price could rise to $0.23. However, a decline in buying pressure could reverse this outlook, potentially leading to a price drop to $0.13.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



Source link

Market

WEEX Lists AB (AB) under the RWA and Blockchain Infrastructure Category

Published

on



Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions.

WEEX , a global digital asset trading platform, officially listed the AB/USDT trading pair on April 2, 2025.

AB is a public blockchain infrastructure project committed to building a decentralized future. It provides efficient and secure foundational support for DApps and a wide range of digital assets. Its high-performance mainnet and cross-chain capabilities are key to enabling the tokenization of real-world assets (RWAs). The project currently focuses on practical scenarios including DeFi, IoT, and enterprise services. Originally launched as Newton, AB completed its rebranding in February 2025, marking a strategic shift from early community economy exploration toward a new phase of blockchain infrastructure evolution.

Real-world assets are rapidly becoming a key narrative within the global on-chain ecosystem. In late 2024, BlackRock launched BUIDL, a tokenized U.S. Treasury product, which has since become the largest of its kind by market capitalization. In early 2025, Circle announced the acquisition of RWA platform Hashnote and integrated it with its USDC-linked fund products, further advancing the convergence between stablecoins and real-world financial instruments. These developments reflect the accelerating global interest in on-chain RWAs. According to data from RWA.xyz, as of March 2025, the total value of RWAs locked on-chain has surpassed $18.6 billion, up nearly 20% since the beginning of the year.

The listing of AB represents another strategic step in WEEX’s commitment to blockchain infrastructure development. The platform continues to focus on supporting high-quality projects that facilitate the tokenization of real-world assets and enable cross-chain interoperability. AB’s long-term dedication to RWA use cases and its adoption of heterogeneous blockchain architecture align closely with WEEX’s mission to bridge real-world value and on-chain participation, offering users broader access to diversified digital assets.

To mark the listing, WEEX has launched a limited-time deposit and spot trading promotion. Users who complete the designated tasks will be eligible to share in a total prize pool of 10,000 USDT. Event link.

To learn more about AB and its listing details, please visit WEEX’s official announcement channels

About WEEX

Founded in 2018, WEEX Exchange has rapidly grown into a leading global cryptocurrency trading platform. With over 1,700 trading pairs covering major and emerging tokens, the platform also launched WE-Launch to help users access quality projects early. WEEX has partnered with international figures like football star Michael Owen to boost brand visibility, and recently established a new global headquarters in Dubai to accelerate international expansion. Today, WEEX serves over 6 million users worldwide and is widely recognized for its intuitive interface, smooth trading experience, and reliable performance.

For more information, visit: X | YouTube | Telegram | Medium | FacebookLinkedInBlog

Disclaimer

This article contains a press release provided by an external source and may not necessarily reflect the views or opinions of BeInCrypto. In compliance with the Trust Project guidelines, BeInCrypto remains committed to transparent and unbiased reporting. Readers are advised to verify information independently and consult with a professional before making decisions based on this press release content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.





Source link

Continue Reading

Market

3 Altcoins to Watch in the Second Week of April 2025

Published

on


While the crypto market started the week on a bearish note, upcoming developments may signal a potential turnaround. Several altcoins have key external factors supporting their price movement, offering investors opportunities for growth.

BeInCrypto has analyzed three altcoins to watch this week, exploring their potential price direction.

Movement (MOVE)

MOVE price experienced a significant 44% correction over the past two weeks, currently trading at $0.305. This decline was notably steep in the last 24 hours, as MOVE formed a new all-time low (ATL) at $0.286, losing 23%. This downturn has left investors concerned about further price drops.

Movement is facing a token unlock on April 9, with 50 million MOVE worth over $15 million entering circulation. The influx of new tokens could increase supply, reducing demand, which may exacerbate the ongoing bearish trend. This could potentially drive the price even lower, continuing the downtrend.

MOVE Price Analysis.
MOVE Price Analysis. Source: TradingView

Given these conditions, MOVE price may test the $0.286 level again, with the possibility of either holding as support or falling through, forming a new ATL. If the market reaction is positive, however, MOVE could reclaim $0.374 and invalidate the bearish outlook, triggering a recovery.

EOS (EOS)

EOS has emerged as one of the best-performing tokens this week, recovering 57% towards the end of March. This positive momentum is a sign that the altcoin is nearing the end of its bearish streak.

Despite the recent gains, EOS faced a 15% pullback last week, currently trading at $0.72. It is holding steady above the $0.68 support, aiming to breach $0.76. This movement aligns with the potential formation of a Golden Cross, with the 50-day EMA nearing a crossover with the 200-day EMA.

EOS Price Analysis.
EOS Price Analysis. Source: TradingView

If EOS fails to maintain the support at $0.68, it may drop to the next support level at $0.61. Losing this level would invalidate the bullish outlook and erase recent gains, signaling further challenges ahead for the altcoin.

Helium (HNT)

Helium’s price fell through the $2.30 support earlier in the day, dropping nearly 20% before recovering slightly. Currently trading at $2.39, the altcoin is showing some resilience. However, the broader bearish cues still pose a threat to HNT’s price, leaving traders uncertain of its immediate direction.

Helium is expected to roll out significant updates this week, including HIP-103. These updates are likely to boost investor confidence, potentially driving HNT prices higher. If the market reacts positively to these developments, HNT could see renewed momentum, with the potential for a price increase in the coming days.

HNT Price Analysis
HNT Price Analysis. Source: TradingView

If the market response is favorable, HNT price may rise toward $2.75, recovering most of the 20% loss from the past 24 hours. However, if Helium fails to hold $2.30, the altcoin risks further decline, possibly falling to $2.00, which would invalidate the bullish outlook.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



Source link

Continue Reading

Market

XRP Targets Rebound After Hitting Oversold Territory

Published

on


XRP is down over 5% in the past 24 hours but is currently attempting a rebound, trying to push above the $2 level. After touching deeply oversold RSI levels earlier today, the token is showing early signs of recovery amid shifting macro headlines.

Despite a bearish setup on the Ichimoku Cloud, a short-term bounce is not off the table if momentum builds. However, strong resistance zones remain overhead, and whether XRP can sustain this rebound will depend on both technical breakouts and broader market sentiment.

XRP RSI Is Going Up After Touching Oversold Levels

XRP’s Relative Strength Index (RSI) is currently sitting at 44.24, bouncing back after briefly plunging to 17.80 earlier today—its lowest level in weeks, with its price rebounding after news about Trump considering a 90-day pause in tariffs for all countries except China.

Just a day ago, the RSI was at 46.97, reflecting the sharp volatility XRP has experienced during the recent market sell-off. The RSI is a momentum indicator that ranges from 0 to 100, typically used to identify whether an asset is overbought (above 70) or oversold (below 30).

XRP RSI.
XRP RSI. Source: TradingView.

An RSI reading of 44.24 places XRP in neutral territory, suggesting that the selling pressure may be easing, but momentum remains weak. Importantly, XRP hasn’t crossed into overbought territory for nearly three weeks, signaling a lack of sustained bullish momentum.

If the RSI continues to climb and breaks above 50, it could indicate growing strength and potential price recovery. However, if it stalls or turns lower, XRP may continue to struggle for direction in the short term.

XRP Ichimoku Cloud Shows a Bearish Setup, But A Recovery Could Be On The Horizon

The Ichimoku Cloud chart for XRP shows a bearish structure. The price is trading well below the Kumo (cloud), indicating strong downward momentum.

Both the Tenkan-sen (blue line) and Kijun-sen (red line) are sloping down and currently positioned above the price, acting as dynamic resistance levels.

The cloud ahead is red and wide, suggesting continued bearish pressure and little immediate sign of a trend reversal.

XRP Ichimoku Cloud.
XRP Ichimoku Cloud. Source: TradingView.

However, the recent bullish candle pushing toward the Tenkan-sen hints at a possible short-term bounce or relief rally.

For a true trend shift, XRP would need to break above both the Tenkan-sen and Kijun-sen and eventually enter or surpass the cloud—a scenario that remains distant given the current formation.

Overall, the Ichimoku setup reinforces the broader weakness, with any upside likely facing strong resistance from the cloud and key lines.

Could XRP Break Above $2.20 Soon?

XRP price recently broke below the $1.80 mark for the first time since November 2024, reflecting heavy market pressure and a sharp sell-off. However, the asset has shown signs of recovery in the past few hours, attempting to regain momentum.

If this rebound gains strength, XRP could push toward resistance at $2.02, and a successful breakout may open the path to higher levels around $2.23.

XRP Price Analysis.
XRP Price Analysis. Source: TradingView.

On the flip side, if XRP fails to sustain its current recovery, the price could drop back below $1.80 and revisit support near $1.61.

A breakdown from that level would increase bearish pressure, potentially dragging the price down toward the $1.50 zone.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



Source link

Continue Reading

Trending

Copyright © 2024 coin2049.io