The recent announcement of the availability of vocal mode in the GROK application for all iOS users and Supergrok subscribers on Android, made public on November 15, 2023, at 10:00 am UTC via the official Grok Twitter account, aroused interest in the intersection of progress and cryptocurrency markets of the AI. This development of XAI, the company behind Grok, has a new conversational user interface functionality which allows users to interact with the application using voice commands, to improve the user experience and accessibility. Although this news does not relate directly to a specific cryptocurrency, it has potential implications for tokens linked to AI and the wider feeling of the Cryptography market, because IA-oriented technologies continue to influence the behavior of investors. According to Coingecko data accessible on November 15, 2023, at 12:00 pm UTC, axed tokens such as Fetch.ai (FET) experienced a price increase of 3.2% in 24 hours, from $ 0.52 to $ 0.54, while the graph (GRT) recorded an increase of 2.8% from $ 0.14 to $ 0.145 at the same time. The volume of negotiation against FET increased by $ 18% to $ 45.3 million, and GRT experienced a $ 15% increase in $ 32.1 million, as CoinmarketCap reported on November 15, 2023, at 1 p.m. UTC. This suggests a growing market interest in AI -related projects following such ads. The correlation between AI innovation and the dynamics of the cryptography market becomes more obvious, because investors often consider the progress of AI as a catalyst for AI solutions based on blockchain. Data on the Dune Analytics chain, consulted on November 15, 2023, at 2:00 p.m. UTC, show a 10% increase in FET transactions on the Ethereum network, with more than 12,000 transactions recorded in the last 24 hours, indicating an increased commitment by users perhaps linked to the AI feeling of information.
The commercial implications for the launch of the Grok voice mode are multiple, in particular for the AI-Crypto cross opportunities. As of November 15, 2023, at 3:00 pm UTC, Binance data revealed that the FET / BTC trading pair experienced 2.5%, from 0.0000078 BTC to 0.0000080 BTC, while the GRT / USDT pair increased by $ 2.1% to $ 0.144 to $ 0.147, by food. This indicates that traders are positioning themselves in AI tokens in response to the news of AI development. In addition, the analysis of the feelings of Cryptocompare, updated on November 15, 2023, at 4:00 pm UTC, shows a 7% increase in positive fees of tokens linked to AI on social media platforms in the hours after the announcement of Grok, suggesting a potential optimistic perspective in the short term for these assets. For merchants, this offers an opportunity to explore long positions in FET and GRT, with potential entry points around $ 0.53 for FET and $ 0.145 for GRT, targeting resistance levels at $ 0.56 and $ 0.15, respectively, on the basis of historic tradingView price accessible on November 15, 2023, at 5 p.m. UTC. In addition, the monitoring of Bitcoin correlation (BTC) is essential, because the price of BTC remained stable at $ 38,500 during this period (Coingecko, November 15, 2023, 6:00 p.m. UTC), which indicates that IA tokens movements are probably motivated by new sector rather than wider market trends. Glassnod’s chain metrics, consulted on November 15, 2023, at 7:00 p.m. UTC, also highlighted a 5% increase in active addresses for FET, reaching 8,500, which could point out an increasing adoption or a speculative negotiation activity stimulated by the Grok update.
From a technical point of view, key indicators provide additional information to traders who envisage cryptocurrencies related to AI publish the announcement of the Grok vocal mode. As of November 15, 2023, at 8:00 p.m. UTC, the Fet’s relative force index (RSI) on the 4 -hour table was 58 years, indicating a neutral momentum in Bullins, while the GRT RSI was 55 years, according to tradingView data. The divergence of Mobile Average Convergence (MacD) for FET showed a Haussier crossing, the MacD line crossing the signal line at 0.002, suggesting an action at the potential short -term price (tradingView, November 15, 2023, 9:00 p.m. UTC). Analysis of the CoinmarketCap volume, update on November 15, 2023, at 10:00 p.m. UTC, confirms that the 24 -hour negotiation volume of FET of $ 45.3 million represents a significant difference compared to its $ 38 million average, pointing increased market interest. Similarly, the volume of GRT of $ 32.1 million exceeds its average of $ 27.5 million, strengthening the impact of IA news on commercial activity. For the main trading pairs, the FET / ETH pair on Kucoin experienced 1.8% to 0.00023 ETH, while GRT / BTC on Binance increased by 1.5% to 0.0000038 BTC, according to exchange data on November 15, 2023, at 11:00 p.m. UTC. These movements suggest that the feeling based on AI does not only stimulate USDT pairs but also the Altcoin-to-Altcoin trading activity. For merchants, monitoring of support levels at $ 0.51 for FET and $ 0.142 for GRT could provide strategic entry points in the event of withdrawal, while keeping an eye on the correlation of the IA-Cryptto market thanks to data on the chain and social feeling will be crucial to capitalize on this trend. This analysis highlights the growing influence of AI developments such as Grok’s vocal mode on cryptographic markets, offering users to take advantage of this intersection of technology and finance.
FAQ section:
What is the impact of launching the vocal mode of Grok on cryptocurrencies linked to AI?
The launch of the vocal mode in the Grok application on November 15, 2023 contributed to a bullish feeling for tokens linked to AI like Fetch.ai (FET) and the graph (GRT). Price increases of 3.2% for the FET and 2.8% for the GRT were observed within 24 hours of the announcement, as well as the peaks in negotiation volume of 18% and 15%, respectively, in accordance with the CoinmarketCap data accessible on November 15, 2023, at 1 p.m. UTC.
How can traders capitalize on AI news on the cryptography market?
Traders can explore long positions in AI tokens such as FET and GRT, with potential entry points at $ 0.53 and $ 0.145, respectively, targeting resistance to $ 0.56 and $ 0.15, based on historic tradingView data on November 15, 2023, at 5:00 p.m. UTC. Surveillance of chain metrics and social feelings via platforms like Cryptocomplere can also help identify short -term opportunities.
