Analysts have identified 3 AI tokens that have a chance to grow significantly

Editor’s note: not financial advice!

Cryptocurrency market analysts have identified 3 AI tokens worth watching this month.

Bittensor (TAO)
The token’s development team is working to create a decentralized network for machine learning to form a collective intelligence by combining different models around the world.

At the time of writing, the native token of the TAO project is moving in a downward trend. If the asset’s price fails to return to $ 410, the altcoin will continue to fall towards $ 335. However, a breakout above this level could lead to the Ichimoku cloud, which is located between $ 480 and $ 550.

The Graph (GRT)
The Graph provides accessibility to blockchain data by acting as an intermediary. This allows AI developers to easily find and retrieve relevant data needed to train models in various industries such as financial analysis, supply chain management, and creative applications.

GRT is currently trading 40% below its local high of $ 0.49. A breakout above $ 0.34 could lead to an important resistance zone at $ 0.36. However, a drop below the cloud will trigger a continuation of the correction.

SingularityNET (AGIX)
The AGIX cryptocurrency allows developers to create and share AI services, monetize their knowledge by earning tokens, and users to find and use specific AI solutions.

Currently, AGIX is trading near the lower boundary of the Ichimoku daily cloud, indicating potential uncertainty. If the price falls below the cloud, the altcoin could drop to $ 0.84 or continue to fall to the key support of $ 0.65.

If, on the other hand, the price rises above the cloud, AGIX is waiting for the resistance level of $ 1 to rise. A breakout and consolidation above it would signal the start of a bull market.