NVIDIA Supercomputer Push Drives 4% Weekly Gain for FET, 14% for INJ

NVIDIA’s recent announcement of a breakthrough supercomputer has sparked a significant rally in the AI sector, extending beyond traditional tech stocks to the crypto market. This development has led to increased investor interest and speculation in AI-focused tokens, with several cryptocurrencies experiencing a surge in volume and attention.

The Artificial Superintelligence Alliance (FET) is currently trading within a range of $0.69 to $0.82. While there has been a week’s gain of over 4%, the month’s dip of more than 10% indicates bearish challenges. The nearest resistance level is at $0.90, and a bullish push could potentially propel FET to rise by about 13%. If the momentum sustains, it might even target the $1.04 mark, representing a potential climb of around 50% from the lower end of its current price. However, caution is advised as FET is still navigating the aftermath of a six-month drop exceeding 55%. Bullish fervor needs more fuel to overcome these hurdles.

Injective (INJ) is showing mixed signals with prices fluctuating between $11.74 and $14.24. It is close to its 10-day average of $13.75, suggesting bullish interest. With a relative strength index (RSI) of 68.89, it is nearly overbought, indicating strong buying pressure. The next challenge is the resistance at $15.21, and overcoming it could lead to a 20% rise towards $17.71. The coin’s recent gains include a nearly 14% jump in the last week. However, it is far from fully bullish, given a drastic fall of 50% over six months. Bulls might continue pushing, but the market is watching if it can break through the $15.21 mark.

NEAR Protocol is trading between $2.23 and $2.60, showing strength from bears. The RSI is high, indicating possible overbought conditions. Its price sits near the ten-day moving average but above the one hundred-day average. This range suggests limited momentum for a quick rise. Resistance at $2.78 looks tough to break, while support holds around $2.05. If bulls push through, prices might aim for $3.14, a target needing a significant boost, close to twenty-one percent up. Yet, with a steep six-month drop, optimism remains cautious.

Ask Aime: Will NVIDIA's AI breakthrough lift FET and NEAR Protocol?

The AI crypto rally triggered by NVIDIA’s supercomputing push may just be getting started. While coins like FET, Injective, and NEAR each show unique price dynamics, they share a common theme: renewed investor attention as AI innovation accelerates. If this momentum continues, these tokens could play a central role in the next leg of the AI narrative—making now a critical moment for investors watching the intersection of tech and crypto.