The Artificial Superintelligence Alliance price surged 10% in the last 24 hours to trade at $1.22 as of 09:49 p.m. EST on trading volume that rose 13% to $364 million, according to Coingecko .
After a successful merger between Fetch.ai, SingularityNET, and Ocean Protocol, the ASI project has seen a resurgence in interest, particularly in the wake of Nvidia’s strong quarterly earnings.
Could the anticipation of Nvidia’s continued success further bolster FET’s performance?
Artificial Superintelligence Alliance Price Prediction: FET Aims For A Continued Rally
Since the beginning of August, the Artificial Superintelligence Alliance price has been in consolidation within the $0.89 range. However, the bulls have won the struggle in the last week, pushing the price to $1.46 before encountering resistance and correcting slightly, forming a rounding top pattern.
The FET price then invalidated the pattern’s bearish prospects, soaring to the current price as the bulls aim to sustain the momentum.
FETUSDT Chart Analysis (Source: Tradingview)
FET now trades above the 200 Simple Moving Average (SMA) on the 4-hour chart, which suggests that the price of Artificial Superintelligence Alliance is now on a sustained bullish stance. Continued bullish pressure could finally push FET above the immediate resistance at $1.23 (50 SMA).
Additionally, the Relative Strength Index (RSI) is soaring. It is currently above the 50-midline level at 53 and still climbing, which is an indication of continued buying pressure.
If investors continue buying the asset, FET could continue soaring. A potential breakout above $1.46 might lead to the Artificial Superintelligence Alliance price targeting the $1.72 to $1.85 range.
Conversely, if the bears gain control here, the price of Artificial Superintelligence Alliance could plunge back to the $1.01 support (200 SMA).
Meanwhile, investors are rushing to buy the new Base meme coin Base Dawgz (DAWGZ) , with only four days left until it launches on a decentralized exchange (DEX).
According to Jacob Bury, a popular crypto analyst and YouTuber, DAWGZ can potentially surge 100X after its launch.
Base Network’s Base Dawgz ICO Ends – Buy Before DEX Launch
Base Dawgz concluded its token presale on Thursday, successfully raising nearly $3.2 million after a little over two months of fundraising efforts. The project’s native token, DAWGZ, is slated to debut on a decentralized exchange (DEX) on Sept. 4 at 5 p.m. CET.
Base Dawgz brings a unique multi-chain experience that offers seamless interoperability within different blockchains, spanning Ethereum, Solana, Binance Smart Chain, and AVAX. However, the team is set to launch on Base Chain.
To ensure that holders can easily soar through the decentralized world without limits, Base Dawgz leverages the latest technology in Web3, including Wormhole and Portal Bridge.
Users can benefit from staking rewards, with the team already setting aside 20% of the total token supply. If you buy and stake DAWGZ, you get an annual percentage yield (APY) of 731%.
The project is also launching the “Be Social for Airdrop” campaign to reward users with points that can later be redeemed for DAWGZ. All you have to do to start accumulating points is engage with social media networks on X and post content related to Base Dawgz.
Before DAWGZ becomes available to the broader crypto market, savvy investors have a final opportunity to purchase tokens at the listing price of $0.008582.
You can buy DAWGZ tokens on the official website using ETH, BASE, BNB, SOL or AVAX.
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