Top AI Cryptos To Buy This Week: TAO, NEAR, FET

With increased volatility in the broader market, the AI segment feels the heat, and the market segment fluctuates between $25 and $28 billion.

Amidst the broader market volatility, the AI segment has seen fluctuating market caps, with the latest being between $25 and $28 billion. At press time, the segment boasts a market capitalization of $26.26 billion, thanks to a recovery in the top AI cryptos.

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The top performers within the AI segment include BitTensor, DeGraph, Near, and Akash Network, showcasing 24-hour growth rates of 5.75%, 2.75%, 2.20%, and 3.09% respectively. Additionally, DEXE and Fetch.ai have also seen notable growth rates of 4.23% and 3.57% respectively.

As the AI segment continues to expand, the upcoming launch of Apple's new iPhone 16 is also set to introduce new AI features. In recent times, the launch of new AI technologies by large companies has been observed to positively impact AI crypto prices.

With Apple being one of the big three companies in the world, the integration of ChatGPT with Siri is likely to boost the top AI crypto tokens. So, without further ado, let's delve into the top AI crypto tokens to consider buying this week.

Top AI Cryptos To Buy This WeekBittensor (TAO)With a market capitalization of $1.874 billion, TAO Price trades at $254. After surging by 6.08% in 24 hours, the AI token ranks as the 48th biggest crypto and the 5th largest AI token. Currently, TAO is trading within a strong range, spanning from $213 to a peak of $355.TradingviewAfter facing a 33.98% bear cycle in 11 days, a rounding bottom reversal is forming on the TAO token price action. However, the bear cycle led to a massive drop in the AI crypto.

After recovering 10.02% with a triple white-soldier pattern, the TAO token is set to challenge the 23.60% Fibonacci at $268. Moreover, a bullish divergence in the RSI line teases a potential jump to challenge the 50-day EMA at $284.

As the potential AI-specific bull run begins with the iPhone 16 launch, the TAO token might challenge the long-standing resistance at $358, which marks three previous bearish reversals.

To gain insights on the long-term price targets, check out our Bittensor (TAO) Price Prediction.

NEAR Protocol (NEAR)At a market capitalization of $4.35 billion, NEAR Price trades at $3.88 with a 24-hour surge of3.61%. NEAR Protocol ranks as the biggest AI token in its segment and holds the 28th position in the broader crypto market.TradingviewAfter facing a bearish reversal from the 200-day EMA, the AI token faced a 30% drop in 13 days. However, after recovering over the weekend and starting this week on a good note, the AI crypto surges by 9.43% and teases a potential double-bottom reversal.

The double-bottom reversal is supported by bullish divergence on the daily RSI line, starting from the $3.52 baseline. However, a bearish crossover between the 50 and 200-day EMA marks a death cross event, indicating high overhead supply.

Nonetheless, the recovery run is expected to challenge the $4.395 resistance zone before reaching the 23.60% Fibonacci level at $4.782.

Final Top AI Crypto: Artificial Superintelligence Alliance (FET)Being the third-largest AI crypto in the market, Artificial Superintelligence Alliance has a market cap of $2.91 billion, increasing by 7.15% in the past 24 hours. Currently, FET trades at $1.16, with a trading volume of $133 million in the past 24 hours.TradingviewOn the daily chart, FET token showcases a falling channel pattern with a death cross event in mid-July. However, despite a minor correction, the recent bullish recovery in the top AI crypto challenges the overhead resistance trendline.

Following the 3.39% jump on Sunday, the bullish recovery is challenging the 23.60% Fibonacci level and the overhead trendline for a bullish breakout. A breakout event could lead to a massive surge in FET price, aiming to cross the 200-day EMA at $1.37 to reclaim the $2 mark.

Curious about how far the FET price could reach in the future? Head over to our FET Price Prediction for details!

Hence, with the upcoming iPhone 16 launch, the underlying sentiments

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