Top Altcoins To Hit All Time Highs This Week đ
Bitcoin surged to nearly $66,000 on Wednesday, boosted by a positive April CPI report showing moderated core inflation and cooled retail sales. This confidence in BTC is encouraging altcoins to aim for new highs this week.
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**BTC Market Anticipates Pullback**
Bitcoin stabilized above $66,000, but traders fear a potential correction due to selloffs near resistance levels, which might shift interest to the altcoin market.
**Pepe Price Analysis**
Pepe is under bearish pressure, trading at $0.000009432 after a 6.4% drop. If it stays above the 20-day EMA ($0.00000958), it could rise to $0.000011. However, a fall below $0.0000091 could push it down to $0.0000055.
**Render Price Analysis**
Render (RNDR) is at $10.6, up 5.4%. If it remains above the descending resistance line, it could move to $11.4. A reversal from this level might see it drop to $9.5.
**Bonk Price Analysis**
Bonk is trading at $0.000028, up 12.5%. If it stays above the 20-day EMA ($0.0000265), it could rise to a new high of $0.00005. A drop below $0.0000237 might see it fall to $0.00002.
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