Artificial Superintelligence Alliance is down 4% on Tuesday, retracing after the 20% rally on Monday.
Virtuals Protocol hovers above the 100-day EMA on Tuesday after a 6% rise on Monday.
Bittensor steadies around $280 on Tuesday, holding above the 200-day EMA and securing the 55% gains from last week.
Artificial Intelligence $AI
cryptocurrencies, such as Artificial Superintelligence Alliance (FET), Virtuals Protocol (VIRTUAL), and Bittensor (TAO), are taking a breather on Tuesday, after respective rallies last week.
Headwinds near $0.2500 caps FET’s rebound
Artificial Superintelligence Alliance is down 4% at press time on Tuesday, retracing after a 20% jump on Monday. The near-term bias turns cautiously bullish as FET rebounded from the $0.1400 to Monday's high at $0.2569.
The 78.6% Fibonacci retracement at $0.2622, measured from the $0.13 low to the $0.31 high, serves as the overhead resistance, capping the upside to the 200-day Exponential Moving Average (EMA) at $0.3082.
FET now holds marginally above the 100-day EMA, framing this advance as an early recovery within a broader down phase.
The Moving Average Convergence Divergence (MACD) trades above its signal and the zero line, with a positive, expanding histogram indicating strengthening upside momentum. The Relative Strength Index (RSI) at 72 shows overbought conditions that could slow the ascent without yet breaking the bullish tone.