AI Tokens FET VIRTUAL and NEAR Surge as Capital Rotates from DeFi

AI-focused cryptocurrencies, including Artificial Superintelligence Alliance (FET), Virtuals Protocol (VIRTUAL), and NEAR Protocol (NEAR), are leading the market gains over the past 24 hours. This shift suggests a rotation of capital from DeFi tokens to AI-driven projects, as investors seek new opportunities in the rapidly evolving crypto space.

FET is trading around $0.2600, up 12% from the previous day, marking its third consecutive day of gains. The token remains above key moving averages, with the 50-day EMA at $0.1927, the 100-day EMA at $0.1834, and the 200-day EMA at $0.2036. A Golden Cross between the 50- and 200-day EMAs could signal a long-term bullish reversal. The technical outlook suggests potential upside targets at $0.2889, $0.3350, and $0.3937, based on Fibonacci extensions.

Virtuals Protocol has risen 4%, extending gains for the third straight day. The token trades above its 50-day EMA at $0.7113, 100-day EMA at $0.6798, and 200-day EMA at $0.7025. A confirmed breakout above the October 13 high at $0.8795 could push VIRTUAL toward the $1.0000 psychological level and beyond. Momentum indicators, including the RSI near 66 and a positive MACD, support further upside potential.

NEAR Protocol is trading above $5.00, maintaining a bullish near-term bias after a 175% rally in September. The token is well-supported by its 50-period EMA at $4.83, 100-period EMA at $4.48, and 200-period EMA at $3.81 on the four-hour chart. A breakout above the September 28 high at $5.5780 could target the R2 and R3 Pivot Points at $5.9923 and $6.4456, respectively. The MACD and RSI indicate strong momentum without overbought conditions.