NEAR, RNDR, TAO prices jump: AI tokens on the move?

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The artificial intelligence (AI) token market has rallied following Bitcoin's [BTC] recent surge above $71,000. Over the past 24 hours...

An assessment of NEAR, RNDR, and TAO’s price movements suggested that these assets may soon shed their most recent gains.Over the past 24 hours, the AI token market capitalization has climbed by 5%, while trading volume has increased by 20%, according toAn assessment of the tokens’ key momentum indicators, which track buying and selling activity, revealed that their price increase has not been backed by any real demand from market participants.For example, NEAR’s Relative Strength Index was 52.

When it returns a value below zero, it signals market weakness. It suggests a spike in selling pressure, marked by capital flight, and an indication of a potential price decline. As of this writing, RNDR’s CMF was -0.05.

 

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