Bull market turnaround coming soon? These five potential coins will explode 100 times!
RNDR
Although RNDR price failed to break through the important resistance level of $11,760 several times, it has now fallen to its key support level of $7,325.
Currently, the Render token is on the verge of testing the key support level, and its future trend remains uncertain.
From the technical indicator MACD, the red histogram continues to decline, indicating that the bearish trend is strengthening, which shows the increasing positive influence of RNDR cryptocurrency in the market.
ENS
Despite the increasingly fierce market price fluctuations, the ENS token has maintained an exciting upward momentum, achieving a staggering 15.46% increase in the past day alone, and the trading volume has increased significantly by 34.59%. Even more impressive is that this Ethereum-based token has soared by 82.75% in the past month, and the cumulative return rate has reached 158.21% since the beginning of the year.
The Simple Moving Average (SMA) is showing a strong uptrend on the price chart, clearly signaling continued growth in the positive price performance of Ethereum Name Service Token this week.
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ENA
Despite the strong bearish sentiment, the ENA token is still trading, having corrected 8.79% in the past 7 days and 11.07% in the past 30 days, pushing the altcoin price to the key support level of $0.5520.
However, at the same time, the Ethena token has managed to regain momentum, with a staggering 5.89% increase in price, despite a 15.65% drop in trading volume.
It is worth mentioning that the ENA cryptocurrency has gained a whopping 12.14% this week, once again highlighting the growing bullish sentiment in the crypto space towards the altcoin.
