In April, the price of Bitcoin recorded an increase of 14 %. Then, the buyers continued to have their hands on the course, and the BTC finally finished May up more than 10 %. From then on, the king of cryptocurrencies continues two months in a row in the positive. Will the increase continue in June? In view of the dynamics displayed for several weeks, the BTC is capable of it. However, June is known to be a month historically mixed. Altcoins still cannot take their flight, even with a bitcoin that has recorded several ATH since the start of the cycle. Is the artificial intelligence sector (AI) close to an increase phase? We immediately look at the situation in the sector from a technical point of view!
Artificial intelligence (AI) has been bounced since April
This cycle is so far very complicated for altcoinsand this is also the case for the sector ofartificial intelligence. Sector has exploded upwards at the start of 2024but since the top of March, the courses evolves overall downwards ::
Between the end of 2024 and April 2025, the sector of theAA has plummeted with bitcoin. And since the Bitcoin is solidor since the beginning of April, theIA find colors. Indeed, we see that the index GMCI AI from The Block has been progressing for several weeks. Nevertheless, as long as the 2024 summit is not crossed, it could be a simple rebound before a new decline. Let’s go see the technical situation of the flagship assets of this category.
Bittensor (TAO) blocks against resistance at $ 470
Even if the Bitcoin course has validated a new history higher, the Bittensor (TAO) course remains in a lateralization period between the Support at $ 215 and the Resistance at $ 670. Recently, the course has rebounded around the Support at $ 215then he has broken the downstream trendline in place since the top of November. Currently, the course is done dismiss Around the Resistance at $ 470 ::
If the course resumes at the level of Mobiles 9 and 18 bruises and around Support at $ 350he could cross the Resistance at $ 470. And if this scenario is realized, Tao could return to the height of last summits. You will have to break the Resistance at $ 670 To find out a bullish acceleration on the course. A fall under the Support at $ 350 could bring the course back to the Support at $ 215.
The Momentum RSI indicator recently broke the downstream trendline. From then on, these are the buyers who have the advantage of the momentum.
The Artificial Course Superintelligence Alliance (FET) retains the support at $ 0.75
Since the top found in March 2024, the FET class is generally Controlled by sellers. Following a 90 % dropthe course resumed around $ 0.37. Now, the course is evolving beyond the downstream trendline, around the Support at $ 0.75 and Mobiles 9 and 18 bruises ::
If the rebound continues, the course could find the Resistance at $ 1.1. On the other hand, the situation is still feverish, and a loss of Support at $ 0.75 could cause a new fall to the $ 0.5 level. This type of movement should be avoided, because sellers could benefit from it.
The RSI draws bullish structures For several weeks. Therefore, the Momentum is to the advantage of Bulls.
Towards a Near Protocol (NEAR) rebound on $ 2.5 support?
Near’s course is in a complicated situation Since the top recorded at the start of 2024. However, the course has recently changed dynamics With the resumption of $ 2.5 leveland it evolves beyond the downstream trendline:
The course has the possibility of Rebound on the support at $ 2.5. If the buyers defend the support, Near could return to the Resistance at $ 3.6. But a loss of the support could drop the course to the next Solid support located at $ 1.8.
In parallel, the RSI progresses Since March. The course therefore benefits from a Momentum Haussier in unit of time 3 days.
Render (Render) could bounce around $ 3.5
The trend is clearly fragile Since the beginning of 2024. Indeed, the course has blocked several times at the level of the Resistance at $ 11and following these various discharges, the course has plummeting more than 80 %. Can the course still Find the heights of 2024 ? Or are sellers ready to redo drop the Render course ?
To hope for a return to the level of the Resistance at $ 11the course should avoid losing the $ 2.5 support. Because if not, a new lowering structure would form on Render. Also, the course will have to continue to form hollows and ascending summits. And for this, the course must manage to cross the Resistance at $ 4.5then he will have to close beyond the last Summit at $ 5.5. In the event that the $ 3.5 support does not hold, the course of render could be found at the level of the $ 2.5 support.
For its part, the momentum indicator RSI grows upwards Since March. And to continue drawing bullish structuresyou will have to climb over the last summit in 59.
Key elements to remember
The various assets analyzed are bouncing after a long period of decline. If the situation has improved for the artificial intelligence sector since April, the trend remains fragile since 2024. And if Bitcoin were to be weakening, the AI could resume the decline and seek new new ones. Even if Bitcoin has managed to validate a new historic summit, we feel that operators are not yet ready to allocate a significant risk by betting massively on altcoins. Despite everything, the capitalization of altcoins could explode in the event of break up of the resistance at $ 1,200 billion. Case to follow on the local newspaper!