Nvidia’s (NVDA) upcoming earnings have put AI-themed cryptocurrencies back under the spotlight, with traders watching whether the chipmaker’s results can steer momentum across the sector.
Some are showing signs of a bullish revival as the broader crypto market rebounds, including Render (RENDER), Story (IP) and the Artificial Intelligence Alliance (FET), which rose within a 4-8% range over the past 24 hours.
Let’s examine whether these AI tokens can rally any further ahead or after the Nvidia earnings report.
Render is attempting to break out of a multi-week falling wedge, a pattern typically associated with trend exhaustion and bullish reversals.
The price has repeatedly tested the wedge’s upper trendline and is now pressing against it again, with short-term momentum improving as the RSI rises from oversold territory.
The chart highlights two potential breakout confirmation points: the first, near $2.35 (up 30%), where a close above the trendline would signal an early bullish continuation, and a second, stronger breakout zone, near $2.68 (up 15%), aligned with a previous supply area and the 200-EMA on the 4-hour chart.
If RNDR breaks above the wedge convincingly, the measured move points toward a recovery into the $2.35–$2.68 range.
Nonetheless, the token must break above its 20-day (green) and 50-day (red) exponential moving averages (EMA). Failure to hold above these EMAs and the wedge’s lower boundary risks a retest of the $1.80–$1.85 support area.
Story Protocol’s (IP) price action is showing signs of stabilization as it retests the same accumulation zone that triggered a more than 500% rally between June and October 2025.
While past performance doesn’t guarantee a repeat, the technical structure around the $2.65 bottom zone is noteworthy. IP has tapped this area again with a long downside wick, reflecting buyer interest at a historically significant demand pocket.
At the same time, the RSI is deeply oversold and forming a bullish divergence against the price, a classic early reversal signal that often precedes a relief bounce. This divergence suggests selling pressure is weakening even as the price revisits prior lows.
If upside follow-through occurs, the 20-day EMA near $3.60 becomes the first logical rebound target, a level that previously acted as dynamic resistance throughout the November downtrend.
A reclaim of this EMA would strengthen the case for a broader recovery, while failure to defend the $2.65 zone risks extending the correction into new lows.
FET is attempting to stabilize within a well-defined descending channel, a structure that has guided its downtrend since early November.
Price recently rebounded off the channel’s lower boundary, signaling that buyers are defending this support zone for now. As long as FET holds above this lower trendline, the path of least resistance appears tilted toward a relief bounce.
The immediate upside target lies at the channel’s upper trendline, which currently intersects the $0.40–$0.45 region.
A stronger continuation move could even stretch toward the 0.618 Fib retracement near $0.61, aligning with a prior supply area and reinforcing the zone as a potential bullish target.
Still, FET must maintain its footing above the lower boundary to avoid invalidation. A breakdown from the channel would expose the token to a deeper decline before any meaningful recovery can form.
Yashu Gola is a crypto journalist and analyst with expertise in digital assets, blockchain, and macroeconomics. He provides in-depth market analysis, technical chart patterns, and insights on global economic impacts. His work bridges traditional finance and crypto, offering actionable advice and educational content. Passionate about blockchain's role in finance, he studies behavioral finance to predict memecoin trends.