This Small, Undervalued AI Crypto Coin Could Be Ready To Make A Big Move.
With Bitcoins halving now in the rear view mirror and Bitcoin now in a period of accumulation, investors will be looking at the altcoin market for bargains.
And with the altcoin hype cycle bottoming out by mid-may, the altcoin market could be on the verge of a significant rally.
And I have recently discovered a small and high quality AI crypto token that is undervalued, offers ground breaking technology, has strong socials and a strong narrative and has founders with huge experience.
The token I am talking about is Ankr.
Ankr is a small crypto coin and it is the native token of the Neura network which is used to purchase the companies services.
This is Ankr's current chart for the past 30 days and as you can see, the general price movement has been on a downward trend with range highs of $0.06 and range lows of $0.04.
And with the altcoin hype cycle bottoming out by mid-may and increasing again, I expect investors to start searching for bargains in the altcoin market which could trigger an altcoin rally.
And with Ankr's current technical setup, this could entice investors to buy into Ankr and hence send the token on a rally.
The next chart shows this scenario clearly:
The Ankr token has left its accumulation period and is heading into the disbelief zone which primes it for a potential rally.
Ankr is trading around the $0.044 range and should it dip towards the range low of $0.040 or below, this could trigger a rally.
In summary, whilst nothing is guaranteed in crypto and no one really knows what will happen, the Ankr token is a high quality and undervalued token in the red hot crypto AI niche and it is a token that investors will be watching very closely.
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This article should not be considered as investment or financial advice. Cryptocurrencies are high risk investments and you should always do your own research and never invest more than you can afford to lose.