Which one is better to buy now? 💰
$RNDR vs $PEOPLE
Why these?
Throughout this bull run, we saw how $RNDR and $TAO led the recovery in the altcoin market.
This is also likely to happen in the next push as they are both well below recent local highs
🤖 $RNDR （ rendernetwork ）
- The price is firmly above $10 and a significant resistance level has been breached.
- We have seen strong surges above this level in the past and this could happen again when more volume flows into altcoins
- Multiples of 10 are observed to be good psychological levels in asset trading
🤖 $TAO （ opentensor ）
- The recent downtrend has tested the patience of many investors. But I told you in the past that $360 was the level to change my long-term strategy $TAO
- Currently the price is inside a descending wedge and a major breakout will only occur if the price breaks above $410
Final Verdict:
The long-term structure of both projects remains intact.
But in the short term, $RNDR is the better choice as it does not have much resistance and key levels have been broken.
Meanwhile, $TAO still needs to break above key upside levels to usher in the next major upside move.
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