$RENDER
Render tops the list of AI altcoins to watch this week, especially since the project is also a leading GPU computing platform for generative AI. Ahead of NVIDIA’s latest Q2 earnings, the RENDER token saw a strong rally.
However, as soon as the report became public, the altcoin’s price dropped. This time, RENDER, currently at $7.59, is up 27% in the past seven days.
Between September 28 and November 5, the AI altcoin was trading inside a descending triangle, which is bearish. But since the first week of this month, RENDER has broken out of the channel, invalidating the bearish thesis.