๐จ ๐๐ค๐ฅ ๐ผ๐ก๐ฉ๐๐ค๐๐ฃ๐จ ๐๐ค ๐๐๐ฉ ๐ผ๐ก๐ก-๐๐๐ข๐ ๐๐๐๐๐จ ๐๐๐๐จ ๐๐๐๐ ๐ฅ
Bitcoin surged near $66,000 on Wednesday, leading the rise in cryptocurrency prices. This increase followed the April CPI report, which indicated a moderation in core inflation and a greater-than-expected cooling in retail sales. As BTC price is now gaining confidence, several altcoins are preparing for a skyrocketing trend this week, potentially challenging their previous ATH.
1: BTC
Bitcoinโs price has stabilized slightly above the crucial support level of $66,000, with crypto traders confident in its strength. However, some traders are concerned about the likelihood of a significant correction in the coming days due to a potential selloff around resistance channels.
2: Pepe
Pepeโs price is experiencing increased bearish pressure following a selloff at the recent all-time high of $0.00001156. The price is falling below the EMA20 trend line, signaling a potential trend change. As of now, Pepe trades at $0.000009432, reflecting a decline of over 6.4% in the last 24 hours.ย
3: Render
Bulls are struggling to keep RNDR price above the 20-day EMA, currently at $10.2, indicating ongoing pressure from bears. However, Render price continues to hold its buying demand above Fib levels. As of writing, RNDR price trades at $10.6, surging over 5.4% in the last 24 hours.
4: Bonk
Bonk price has seen a significant increase recently, potentially testing the patience of buyers. Despite this surge, bears maintain a strong presence around the $0.000028 mark. Currently, Bonk price trades at $0.000028, marking an over 12.5% rise in the last 24 hours.
