While the Cardano price struggles to sustain above the $0.35 support level, the NEAR Protocol price is also facing a key support level of around $4.6. Meanwhile, analysts are bullish on these two altcoins regardless. In addition to these, analysts are also looking at a new project, namely Pulsemate AI (PAI), that is quickly gaining attention.Â
As the interest in AI records rapid growth, Pulsemate AI provides customizable AI features for traders. Because of the projected growth in the AI chatbot market, Pulsemate AI is set for success. Hence, analysts consider the PAI token as a promising cryptocurrency alongside Cardano (ADA) and NEAR Protocol (NEAR) for massive gains.
Cardano Price Chart Analysis
The Cardano price has proved somewhat difficult to climb beyond $0.80 for roughly two years. The bulls tried multiple times but couldn’t get beyond this key resistance. Once Cardano (ADA) hit $0.77 in March 2024, holders started to somewhat hope for a positive breakout.
Cardano (ADA) holders were let down, though, when the altcoin fell short of rising above this level that was last observed in 2022. Bearish pressure thus grew stronger and the Cardano price chart started to show a sequence of lower highs.
Cardano (ADA) therefore plummeted all the way to $0.31 in August. Around that zone, the bulls regained some momentum but not enough to push the Cardano price beyond the $0.40 resistance zone.
Though the Cardano (ADA) community has a very optimistic view of the altcoin, during the past two months its price has been consolidating between $0.31 and $0.41.
NEAR Protocol Price Chart Analysis
The NEAR Protocol price remained trading below the $2 mark around the early weeks of Q4 2023. But between September 2023 and the end of the year, the NEAR Protocol price chart started to show a bullish trend shown by the development of higher lows.
Fascinatingly, this positive trend persisted into the new year and 2024 started with notable NEAR Protocol (NEAR) bullish pressure.
Although the NEAR Protocol price rallied to $4.3 in December 2023, there was a notable pullback in January 2024 before an impulsive move that sent the price of the altcoin to $8.8 in March. After reaching that milestone, the bullish momentum weakened and another pullback was observed, this time to $5.2.
Right after the pullback, the NEAR Protocol (NEAR) bulls were able to push the price to $8.2 but it seemed as if pressure from the bears was more. Because of that, NEAR Protocol (NEAR) fell back to $3.5 in August. However, the altcoin seems to be regaining bullish momentum again in Q4 2024.
Pulsemate AI: Enters a Multi-Billion Market
An innovative initiative aiming at satisfying the needs of traders looking for virtual partners is Pulsemate AI. Users of the platform have the ability to change these AI personas to fit their likes and enjoy personalized AI features. These modifications range from the AI features looks to languages spoken (30 different languages are available), among others.
Meanwhile, the global AI market is expected to grow at a CAGR of 28.46% resulting in the industry being valued at over $820 billion by 2030. This massive growth in the AI sector will also favor Pulsemate AI because it combines both AI features and blockchain technology.Â
Hence, taking part in only a fraction of this projected market value will result in a huge growth in the market valuation of Pulsemate AI. Simultaneously, when Pulsemate AI becomes well-used by individuals worldwide, the PAI utility token offered by the platform could also increase in price.
The principles of supply and demand will result in a rally for PAI. Moreover, Pulsemate AI also offers a very appetizing staking reward for token holders. Unlike many other crypto projects, Pulsemate AI offers up to 3,000 APR staking rewards.Â
Hence, seekers of passive income would find Pulsemate AI super valuable. Meanwhile, the Pulsemate AI presale is ongoing and each PAI token is selling for only $0.102. However, this price has been set to automatically increase every 3 days so now is the ideal time to join the presale.
The PAI Token Could Yield Huge Gains Alongside Cardano and NEAR Protocol
While Cardano (ADA) and NEAR Protocol (NEAR) attempt to overcome important resistance levels, analysts are still optimistic that a rally is imminent. However, Pulsemate AI is taking center stage as a result of its unique offerings that satisfy the needs of individuals seeking AI assistants in a rapidly expanding AI chatbot market. You wouldn’t want to miss out on huge opportunities.
Discover the Exciting Opportunities of the Pulsemate AI Presale Today!
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