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Considering its size and importance, the upcoming Nvidia (NASDAQ: NVDA) earnings report – scheduled for release after the closing bell on November 20 – is widely seen as a pivotal moment likely to have a wide-ranging effect on various even mildly related assets. The publication of strong figures would likely reinforce that the artificial intelligence (AI) boom is not far from its peak or end and could drive much of the tech sector higher. A miss or underperformance would probably shake investor confidence and almost certainly lead to at least a short-term downturn. AI cryptocurrencies are among the assets most likely to have an immediate strong reaction to earnings and are, therefore, highly attractive assets for investors seeking to profit rapidly from the figures once they are published. Picks for you Here’s why analysts are t...

A closely followed crypto strategist believes that rallies are in store for one artificial intelligence-focused altcoin. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that he’s accumulating Artificial Superintelligence Alliance (FET). The trader shares a chart suggesting that FET could carve a bottom at around $1.10 before breaking out to $1.70. “FET: underwater on these first entries; going to cut it if it loses the 200 exponential moving average on the four hour. Have more entries lower and will wait. Still think the chart looks decent on lower time frames but I also recognize we’re in a bullish trend on the one day. Lose $1.10 and I’m out.” Source: Altcoin Sherpa/X At time of writing, FET is trading for $1.12, down over 9% on the day. Turning to memecoin dogwifhat (WIF), the analyst thinks the Solana (SOL)-based altcoin will continue to trade in a wide range for now. “WIF s...