Cryptocurrencies Price Prediction: Bittensor, Curve DAO & Ethereum — Asian Wrap 16 July
|AI tokens to watch for: TAO, NEAR, ICP surge amid Google, Meta investment pledges
Artificial Intelligence (AI) tokens such as Bittensor (TAO), Near Protocol (NEAR), and Internet Computer (ICP) surged on Tuesday with Trump’s energy and AI innovation push. The investment pledges were made by American tech giants, including Google and Meta, as part of Donald Trump’s announcement of $90 billion in energy and AI investments in Pennsylvania. Bittensor edges lower by nearly 1% at press time on Wednesday from an eight-month resistance trendline formed by connecting the December 10 and May 22 peaks.
Top Crypto Gainers: ENS, CRV, SEI – Bulls eye further gains amid breakout runs, golden crossovers
CRV edges higher by 4% so far on Wednesday, maintaining its uptrend for the fourth consecutive day. The uptrend targets the 50% Fibonacci retracement level at $0.80, drawn from the $1.24 close on December 6 to the $0.36 close on March 10. A daily close above this level could extend the uptrend to the 61.8% Fibonacci level at $0.91.
Ethereum Price Forecast: ETH defies market correction as SharpLink becomes top corporate ETH holder
Ethereum (ETH) racked up a 2% gain on Tuesday, defying the correction seen in Bitcoin and other top cryptocurrencies after SharpLink Gaming revealed it expanded its treasury holdings to over 280,000 ETH in the past week.
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