Amid the broader crypto market recovery over the past week, artificial intelligence (AI) agent tokens are witnessing renewed investor interest and increased activity.
As trading volumes and market sentiment improve across multiple assets, several AI agent tokens are making a notable comeback this March. Some of them include Virtuals Protocol (VIRTUALS), Aixbt (AIXBT), and Ai16z (AI16Z).
Virtuals Protocol (VIRTUALS)
VIRTUAL, the native token that powers the decentralized platform for the creation and monetization of AI agents, Virtuals Protocol, is one to watch in March. Currently, exchanging hands at $0.76, the token’s value is up 7% over the past 24 hours.
On the daily chart, VIRTUAL’s positive Balance of Power (BoP) confirms the surge in demand. At press time, this indicator, which measures the strength of buyers and sellers, is at 0.32.
When an asset’s BoP is positive, it indicates that buying pressure is stronger than selling pressure. This means VIRTUALS buyers are in control, pushing its price higher.
If the uptrend continues, the token’s price could climb to $1.31.
Conversely, a spike in token selloff could trigger a decline to $0.56.
Aixbt (AIXBT)
AIXBT is another AI-agent token to watch in March. With the market recovering, the altcoin is up 6% over the past 24 hours. At press time, it trades at $0.12.
Its price rally has been accompanied by a surge in its daily trading volume. Over the past day, this has totaled $68 million, climbing by 33%.
When an asset’s price and trading volume spike simultaneously, it signals strong market interest and increased trading activity. This trend indicates bullish momentum in the AIXBT spot markets, as buying pressure dominates.
If bullish pressure remains, the AI-agent token could extend its gains and climb to $0.15. A successful breach of this level could propel AIXBT’s price to $0.23.
However, if sellers regain dominance, they will drive AIXBT’s price down, causing it to fall toward a low of $0.09.
Ai16z (AI16Z)
AI16Z currently trades at $0.20. Since plummeting to a year-to-date low of $0.16 on March 11, the altcoin has maintained an uptrend, rising 25%.
The setup of its token’s Moving Average Convergence Divergence (MACD) hints at further gains in the short term. At press time, the MACD line (blue) rests above the signal (yellow) and zero lines.
An asset’s MACD indicator identifies trends and momentum in its price movement. It helps traders spot potential buy or sell signals through crossovers between the MACD and signal lines. When set up this way, buying activity dominates the market, hinting at further price increases.
If demand grows, AI16Z could rally to $0.30.
Conversely, a reversal of the current uptrend could cause the token’s price to fall to $0.16.
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