CII focused on Tuesday, when Google and Meta announced large-scale AI and energy infrastructure investments. The new momentum came after US President Donald Trump presented a 90 billion dollar investment initiative with a focus on the development of AI and energy in a speech in Pennsylvania.
The courses of the crypto projects (TAO), Near Protocol (Near) and Internet Computer (ICP) rose immediately after the public commitments of Google and Meta.
As part of the plan signed Google An agreement on the purchase of hydropower from sources in Pennsylvania worth $ 3 billion. In addition, the company presented a 25 billion dollar plan for the construction and expansion of data centers over the next two years.
Meta, which is managed by CEO Mark Zuckerberg, announced his intention to invest hundreds of billions in the expansion of AI capacities through modern data centers.
Tao rose by 6 %on Tuesday before he reached the resistance near a long -term trend line that had formed from the highs of December 10th and May 22nd. Despite a decline of 1% on Wednesday, the token remains positioned near a possible outbreak zone. The market data indicate a strong accumulation, especially after the outbreak over $ 300 in June.
The technical indicators show a positive momentum. The MACD line exceeded the zero line and the green histogram beams increase, while the 50, 100 and 200-day emas are approaching convergence. A daily closed course over the $ 440 mark could extend the recovery to the $ 458 mark, which corresponds to the 50%fibonacci retracement between the December high of $ 748 and the April low of $ 167. However, if the course does not close above this resistance, it could move towards the 200-dayema at $ 371.
Near Protocol recorded three consecutive green sessions before it declined by 1 % on Wednesday. The token continues to deal with $ 2.55, an important level of short-term support at $ 2.55. This is followed by an outbreak from a descending resistance trend line that connects the maximum stalls of December and May.
The momentum indicators confirm an upward trend. The MACD and the signal lines are still over zero, which signals a persistent purchase interest. In the event of a successful relaxation, Near could approach his 200-dayema at $ 3.04. If the sales pressure increase, a downward support for the 50-day table is expected by $ 2.37.
Internet computer rose more than 4%on Tuesday, after Caffeineai, a NO code development platform for Web3 applications, was released as early access product. The market launch fell together with the overcoming of a significant resistance, which resulted from the highest levels of December and May.
What an incredible day of creation.
In San Francisco, the Hello, Self-Writing Internet event has concluded, showing how the power to create software is in your hands.
Our deepest gratitude to the experts on stage, the hackathon participants and the audience at Dogpatch… pic.twitter.com/oGrjT9cRzk
— caffeine (@caffeineai) July 16, 2025
ICP is now trading at $ 5.41 via the 100-dayema, the next resistance to the 200-dayema is $ 6.23. The MacD shows an increasing momentum that is supported by a series of green histogram beams. If the token cannot keep its current level, it could fall back in the direction of the 50-dayema at $ 5.17, which would invalid.
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