As the first week of October 2024 wraps up, several Artificial Intelligence (AI) coins are making waves with standout price performances and increasing investor interest. This analysis highlights the top three AI coins dominating the market, examining the key drivers behind their rise and what could be on the horizon in the coming weeks.
DIA is a company specializing in cross-chain oracles for Web3. It delivers services like digital asset price feeds, adjustable NFT floor price feeds, multi-chain randomness for DeFi and GameFi applications, and the creation of bespoke oracles for decentralized apps.
DIA surged 47.79% over the past seven days, ranking it among the top-performing artificial intelligence coins during this period. Its price skyrocketed from $0.41 on September 29 to $0.92 by October 1, marking an impressive 124% gain. Following this surge, the price corrected back to $0.59.
Despite this retracement, DIA's Exponential Moving Average (EMA) lines remain bullish. The short-term EMAs continue to stay above the long-term ones, signaling that the bullish trend is still intact, although it has weakened compared to the earlier peak.
DIA's Relative Strength Index (RSI) currently stands at 44.68, suggesting it is neither overbought nor oversold. The RSI is a momentum indicator that ranges from 0 to 100 and is used to gauge whether an asset is overbought (above 70) or oversold (below 30) territory.
With DIA's RSI at 44.68, it indicates that the asset is in a neutral zone, showing steady movement without extreme pressure in either direction. This level suggests there is still potential room for upward growth before hitting an overbought condition, implying that DIA could have more upside momentum ahead.
DEAI is the token from Zero1 Labs, a platform dedicated to developing decentralized artificial intelligence applications. Zero1 Labs offers Keymaker, an open platform that includes a DeAI toolset, API, and dApp Store, along with Cypher, a blockchain optimized for AI and large language models, focusing on data governance and ownership.
DEAI price surged 14.05% in the last week, currently sitting at $0.41. DEAI EMA lines are strongly bullish, with the short-term lines all above the long-term lines, indicating a sustainable uptrend.
DEAI currently shows support at $0.31, and its next resistance is at $0.43. Its relative Strength Index (RSI) currently stands at 61.41, indicating that while it is nearing the overbought threshold of 70, it still has some room for potential growth.
With DEAI's RSI approaching 70, the token shows signs of strength and upward momentum. However, it could be nearing a point where gains slow or a correction may occur, as it inches closer to the overbought zone.
LAMB is the coin of Lambda, a storage network that defines itself as the...
Stay tuned for more updates as the market evolves!
