Artificial intelligence (AI) tokens are creating a new wave, with Humans.ai (HEART), Virtual Protocol, and DIA standing out as the strongest gainers among AI coins in the third week of October. HEART has increased by 88%, while VIRTUAL and DIA have increased by 76% and 21.67%, respectively.
Each project brings unique contributions to AI and blockchain technology, attracting investor interest. However, chart indicators suggest caution, with key resistance levels and overbought conditions that may affect future developments.
#1. Humans AI (HEART)
Humans.ai (HEART) has increased by 88% in the past week, leading the list of AI-related coins with a market capitalization of at least 100 million USD. The project is building a comprehensive platform for the creation and management of large-scale AI.
Chart analysis shows that HEART may continue its uptrend, as indicated by the EMA (Exponential Moving Average) lines forming a bullish pattern. The next resistance levels are 0.026 USD and 0.031 USD, and if these are breached, HEART could rise further to 0.040 USD, representing a potential doubling in price.
HEART's EMA lines and support/resistance. Source: TradingViewHowever, its current RSI (Relative Strength Indicator) of 73.61 suggests the asset is nearing overbought territory, which could lead to a correction. In the event of a reversal, HEART has established support around 0.016 USD, and if this level fails to hold, the price could drop further to support levels at 0.010 USD or even 0.007 USD, implying a potential correction of up to 65% from the current level.
#2. Virtual Protocol (VIRTUAL)
Virtual Protocol (VIRTUAL) has increased by 76% in the past seven days, becoming one of the strongest gainers among AI coins. The project is a decentralized platform that supports the development and monetization of AI characters for virtual worlds, including the gaming and metaverse sectors.
VIRTUAL's EMA lines and RSI. Source: TradingViewChart analysis suggests that VIRTUAL may maintain its upward momentum, with the current EMA lines reflecting a bullish trend. The next key resistance level to watch is 0.146 USD, indicating a potential further increase of 46%.
However, its current RSI of 64.29 shows that VIRTUAL is approaching overbought territory, which may limit further gains or trigger a temporary pullback. In the event of a trend reversal, VIRTUAL has strong support at 0.073 USD, which could represent a potential correction of 27% from the current price.
#3. DIA
Finally, DIA has increased by 21.67% in the past week, demonstrating notable strength in the market. DIA provides cross-chain oracle solutions for the Web3 ecosystem, offering services that include price data feeds for digital assets, custom NFT floor price feeds, and randomness for DeFi and GameFi applications.
DIA's EMA lines and RSI. Source: TradingViewChart analysis indicates that DIA may maintain its upward trend, as evidenced by the bullish arrangement of the EMA lines. The next resistance levels are 1.18 USD and 1.25 USD. However, the narrowing gap between the EMA lines suggests that the upward momentum may be weakening, and caution is warranted as this could signal an impending consolidation or reversal.
Additionally, DIA's current RSI of 59.55 shows that it has not yet reached overbought territory but may be approaching it, indicating that there is still room for further growth. If the trend reverses, DIA has strong support at 0.72 USD and 0.66 USD, but a breach of these levels could lead to further declines, potentially down to 0.569 USD, representing a potential correction of up to 44%.
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