AI Coins Surge: HEART, VIRTUAL, and DIA Show Significant Gains

Tokens related to artificial intelligence (AI) are gaining significant attention, with Humans.ai (HEART), VIRTUAL Protocol, and DIA leading the pack as the most notable gainers in AI cryptocurrencies during the third week of October. HEART has skyrocketed by 88%, while VIRTUAL and DIA have risen by 76% and 21.67%, respectively.

Each of these projects contributes uniquely to the AI and blockchain landscape, attracting investor interest. However, technical indicators suggest exercising caution, as crucial resistance points and overbought conditions could influence upcoming price movements.

Humans.ai (HEART)

Humans.ai (HEART) has jumped by 88% over the past week, solidifying its status as the top gainer among AI-centric coins with a market capitalization exceeding $100 million. The initiative aims to develop a comprehensive platform for large-scale AI creation and governance.

Technical analysis reveals that HEART might maintain its upward trajectory, as its EMA (Exponential Moving Average) lines are indicating a bullish trend. Key resistance levels to observe are at $0.026 and $0.031; a breakout past these could propel HEART to $0.040, suggesting a chance for price doubling.

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

However, the RSI (Relative Strength Indicator) currently indicates a value of 73.61, suggesting that the asset is nearing overbought territory, which could trigger a correction. Should a reversal occur, HEART has established support around $0.016, and if that fails, it may decline further to $0.010 or potentially $0.007, indicating a correction of up to 65% from current levels.

Virtual Protocol (VIRTUAL)

VIRTUAL Protocol (VIRTUAL) has surged 76% in the last seven days, placing it among the top gainers in the AI coin market. This project operates as a decentralized platform aimed at the development and monetization of AI personas within virtual environments, such as games and metaverses.

Chart analysis indicates that VIRTUAL could maintain its positive momentum, with its EMA lines reflecting a bullish trend. The upcoming resistance level to monitor is set at $0.146, implying a potential upside of 46%.

Nonetheless, the current RSI of 64.29 suggests that VIRTUAL is nearing overbought conditions, which may inhibit additional gains or prompt a short-lived pullback. If a reversal occurs, VIRTUAL has solid support placed at $0.073, representing a possible 27% correction from its present price.

DIA

Lastly, DIA has gained 21.67% over the past week, demonstrating considerable strength in the market. DIA provides cross-chain oracle solutions within the Web3 ecosystem, offering various services such as price feeds for digital assets, custom floor price feeds for NFTs, and randomness solutions for DeFi and GameFi applications.

Read more: How Will Artificial Intelligence (AI) Transform Crypto?

Technical analysis suggests that DIA might sustain its upward movement, supported by the bullish configuration of its EMA lines. The next resistance points are at $1.18 and $1.25. However, the decreasing distance between the EMA lines indicates that bullish momentum could be losing steam, warranting caution as it may signal a forthcoming consolidation or trend reversal.

Additionally, DIA’s RSI currently reads 59.55, suggesting that it has not yet reached overbought levels but is approaching them, indicating potential space for further growth. Should the trend reverse, DIA has robust support levels at $0.72 and $0.66; however, breaking below these could result in a decline potentially reaching $0.569, which would imply a possible 44% drop in price.