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Artificial intelligence coins have stepped up with Bitcoin (BTC)!
Artificial intelligence coins have accelerated their upward momentum with #Bitcoin ($BTC ) exceeding $92,000.
Artificial intelligence (AI) coins have increased by 131.4 percent since the bottom level in market value seen on June 8. According to market data, the total market value of coins operating in the field of artificial intelligence increased to $42.1 billion on November 19, led by Near Protocol ($NEAR ), Internet Computer ($ICP ) and #Render (RENDER).
Contrary to the current upward trend, AI coins experienced a sharp decline in the first half of 2024. The market value of AI coins, which broke a record of $45 billion on March 15, fell by $18.2 billion on June 8. However, in the next six months, the AI coin market made a comeback to regain a market value of $42.1 billion.
In addition to the projects mentioned above, AI coins with a market value of over $1 million include Bittensor, Artificial Superintelligence Alliance, Injective, The Graph, Theta Network, and Akash Network. The trend may become even stronger with the sharp rise of cryptocurrencies in this area. The performance of many trends, especially memecoins, will be important in this process.
For example, the gradual decrease in the memecoin craze may increase the money flow into AI coins. However, if other trends come to the fore, there may be declines in AI-based coins. Crypto investors should consider these factors.
#CryptoDeNostradame #ParrotBambooCrypto
Artificial intelligence coins have accelerated their upward momentum with #Bitcoin ($BTC ) exceeding $92,000.
Artificial intelligence (AI) coins have increased by 131.4 percent since the bottom level in market value seen on June 8. According to market data, the total market value of coins operating in the field of artificial intelligence increased to $42.1 billion on November 19, led by Near Protocol ($NEAR ), Internet Computer ($ICP ) and #Render (RENDER).
Contrary to the current upward trend, AI coins experienced a sharp decline in the first half of 2024. The market value of AI coins, which broke a record of $45 billion on March 15, fell by $18.2 billion on June 8. However, in the next six months, the AI coin market made a comeback to regain a market value of $42.1 billion.
In addition to the projects mentioned above, AI coins with a market value of over $1 million include Bittensor, Artificial Superintelligence Alliance, Injective, The Graph, Theta Network, and Akash Network. The trend may become even stronger with the sharp rise of cryptocurrencies in this area. The performance of many trends, especially memecoins, will be important in this process.
For example, the gradual decrease in the memecoin craze may increase the money flow into AI coins. However, if other trends come to the fore, there may be declines in AI-based coins. Crypto investors should consider these factors.
#CryptoDeNostradame #ParrotBambooCrypto
🤔 Render Price Targets $10 as Channel Breakout Pushes Past $8
With a channel breakout, will Render (#RNDR ) continue its bullish streak and surpass the $10 milestone?
With a market cap of $4.19 billion, Render‘s price has reclaimed the $8 mark. It has increased by 21% over the last seven days and has reached a trading volume of $1.23 billion.
As the Render token gains momentum, the bull run is preparing to reclaim the $10 psychological mark. Will the ongoing streak of bullish candles cross this psychological mark?
🔸 Render Channel Breakout Run Hits $8
The Render (RNDR) price shows a trend reversal rally in the daily chart. This bullish reversal follows the breakout of a long-standing resistance trend line, marking a significant shift in price action.
Notably, this breakout signals the end of a falling channel pattern. The RNDR price reclaimed its bullish trend after a V-shaped reversal from the $4.21 mark.
Currently, it is trading at $8.08, accounting for a price surge of 96.16% over the last 16 days. The bullish recovery has surpassed the 38.20% Fibonacci level at $7.5625.
Furthermore, with an intraday gain of 3.13%, Render makes the sixth consecutive bullish candle. The surge in the underlying bullish sentiments has resulted in a positive crossover between the 50-day and 100-day EMA lines.
This has also increased the chances of a golden crossover. Meanwhile, the MACD and signal lines remain positive, resurfacing the bullish histogram.
🔸 Will Render Price Cross $10?
After the bullish trend reversal surpassed a four-month high, the underlying trend has clearly shifted. The uptrend will likely break through the immediate resistance at $8.62, the 50% Fibonacci level.
If the broader market recovers, the bulls could target the next price levels at $9.68 and $11.20. With the increasing bullish momentum and rising trading volume, Render’s price is poised to surpass the $10 psychological mark.
#Render
With a channel breakout, will Render (#RNDR ) continue its bullish streak and surpass the $10 milestone?
With a market cap of $4.19 billion, Render‘s price has reclaimed the $8 mark. It has increased by 21% over the last seven days and has reached a trading volume of $1.23 billion.
As the Render token gains momentum, the bull run is preparing to reclaim the $10 psychological mark. Will the ongoing streak of bullish candles cross this psychological mark?
🔸 Render Channel Breakout Run Hits $8
The Render (RNDR) price shows a trend reversal rally in the daily chart. This bullish reversal follows the breakout of a long-standing resistance trend line, marking a significant shift in price action.
Notably, this breakout signals the end of a falling channel pattern. The RNDR price reclaimed its bullish trend after a V-shaped reversal from the $4.21 mark.
Currently, it is trading at $8.08, accounting for a price surge of 96.16% over the last 16 days. The bullish recovery has surpassed the 38.20% Fibonacci level at $7.5625.
Furthermore, with an intraday gain of 3.13%, Render makes the sixth consecutive bullish candle. The surge in the underlying bullish sentiments has resulted in a positive crossover between the 50-day and 100-day EMA lines.
This has also increased the chances of a golden crossover. Meanwhile, the MACD and signal lines remain positive, resurfacing the bullish histogram.
🔸 Will Render Price Cross $10?
After the bullish trend reversal surpassed a four-month high, the underlying trend has clearly shifted. The uptrend will likely break through the immediate resistance at $8.62, the 50% Fibonacci level.
If the broader market recovers, the bulls could target the next price levels at $9.68 and $11.20. With the increasing bullish momentum and rising trading volume, Render’s price is poised to surpass the $10 psychological mark.
#Render
Top AI Token RENDER Gains Momentum Following Key Breakout: What's Ahead?
Date: Mon, Nov 18, 2024, 08:42 AM GMT
The cryptocurrency market has kicked off the new week with strong bullish momentum, a trend initiated by the recent surge in Bitcoin (BTC) following Donald Trump’s victory in the U.S. presidential elections. Bitcoin’s rise to an all-time high of $93,000 has created a ripple effect, positively influencing altcoins, including one of the leading AI tokens, Render (RENDER).
Over the past week, $RENDER has gained over 25% and is currently trading at $7.63, with a 5% increase in the last 24 hours.
Source: Coinmarketcap
Key Breakout on the 2-Hour Chart
A closer look at RENDER’s 2-hour chart reveals a key breakout event that has fueled its recent price action. For the past week, RENDER has been consolidating within a bullish flag pattern, a classic continuation pattern indicating a potential upward move.
The breakout occurred earlier today, as RENDER surged past the $7.36 price level, pushing the token to a high of $7.80 before retracing slightly. This breakout signals renewed buying interest and positions RENDER for further upward momentum in the near term.
What’s Next for RENDER?
On the daily timeframe, RENDER is currently trading within a key resistance zone between $7.49 and $7.85. A decisive breakout above this zone could open the doors for a significant rally.
The next major resistance level to watch is $10.73, representing a potential 40% gain from the current price.
The daily chart also shows a breakout from a long-term descending trendline, which had been acting as resistance for months. This trendline breakout underscores the strength of the ongoing rally.
Conclusion
Render’s breakout and ongoing momentum highlight the growing investor interest in AI-based crypto projects amid a bullish broader market. The ability of RENDER to sustain its upward trajectory will depend on breaking the current resistance zone and maintaining volume support. With Bitcoin leading the charge, RENDER is positioned as a token to watch for substantial gains in the coming weeks.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions in the cryptocurrency market.
#Render
The cryptocurrency market has kicked off the new week with strong bullish momentum, a trend initiated by the recent surge in Bitcoin (BTC) following Donald Trump’s victory in the U.S. presidential elections. Bitcoin’s rise to an all-time high of $93,000 has created a ripple effect, positively influencing altcoins, including one of the leading AI tokens, Render (RENDER).
Over the past week, $RENDER has gained over 25% and is currently trading at $7.63, with a 5% increase in the last 24 hours.
Source: Coinmarketcap
Key Breakout on the 2-Hour Chart
A closer look at RENDER’s 2-hour chart reveals a key breakout event that has fueled its recent price action. For the past week, RENDER has been consolidating within a bullish flag pattern, a classic continuation pattern indicating a potential upward move.
The breakout occurred earlier today, as RENDER surged past the $7.36 price level, pushing the token to a high of $7.80 before retracing slightly. This breakout signals renewed buying interest and positions RENDER for further upward momentum in the near term.
What’s Next for RENDER?
On the daily timeframe, RENDER is currently trading within a key resistance zone between $7.49 and $7.85. A decisive breakout above this zone could open the doors for a significant rally.
The next major resistance level to watch is $10.73, representing a potential 40% gain from the current price.
The daily chart also shows a breakout from a long-term descending trendline, which had been acting as resistance for months. This trendline breakout underscores the strength of the ongoing rally.
Conclusion
Render’s breakout and ongoing momentum highlight the growing investor interest in AI-based crypto projects amid a bullish broader market. The ability of RENDER to sustain its upward trajectory will depend on breaking the current resistance zone and maintaining volume support. With Bitcoin leading the charge, RENDER is positioned as a token to watch for substantial gains in the coming weeks.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions in the cryptocurrency market.
#Render
RENDER Taps Into Apple’s Massive GPU Network, Triple Digits In Sight
AIG Memes Token's #AIRDROP Is Live For Everyone, Claim Instant 10,000 AIG Tokens Worth Of $100 USDT Free, Claim Airdrop At The Official Website ➯ PlayAiGames.online
Render is pushing forward to bring distributed computing to the masses with its plans to harness the power of 100-200 million Apple GPUs.
It could see value triple or even quadruple as combined with the Bonded Market Exchange model.
Plans to Harness 100-200M Apple GPUs for Decentralized PowerRender continues to grow as it works toward its goal of utilizing the computing capacity of millions of Apple devices.
This P2P network has the potential to completely change processing power by tapping into an estimated 100–200 million Apple GPUs.
Render CEO anticipates the construction of a sprawling network of computers to achieve vast productivity for various purposes.
Modeled together with the Bonded Market Exchange (BME) scheme, much value would help Render’s worth shoot to triple-digit figures.
This bold incorporation of Apple device power into a decentralized model is optimistic and goes ahead to adhere to Render’s vision and future of growth.
Having access to such a huge pool of Apple GPUs is certainly going to be a game changer in how decentralized technologies are utilized, and Render could well be a strong contender in the decentralized computing arena.
If achieved, it would alter entirely the purpose and value proposition of Render and bring about a sweeping interest in decentralized computation.
Bullish Pennant Formation Hints at Render Price SurgeCrypto analyst Faibik highlights a moderate price increase in Render where the target has been set at $20 midterm with a bullish pennant pattern formation seen. The triangles often develop after strong price movements up and imply a continuation of the trend.
#Render #altcoin #AltcoinSeason #CryptoNews
AIG Memes Token's #AIRDROP Is Live For Everyone, Claim Instant 10,000 AIG Tokens Worth Of $100 USDT Free, Claim Airdrop At The Official Website ➯ PlayAiGames.online
Render is pushing forward to bring distributed computing to the masses with its plans to harness the power of 100-200 million Apple GPUs.
It could see value triple or even quadruple as combined with the Bonded Market Exchange model.
Plans to Harness 100-200M Apple GPUs for Decentralized PowerRender continues to grow as it works toward its goal of utilizing the computing capacity of millions of Apple devices.
This P2P network has the potential to completely change processing power by tapping into an estimated 100–200 million Apple GPUs.
Render CEO anticipates the construction of a sprawling network of computers to achieve vast productivity for various purposes.
Modeled together with the Bonded Market Exchange (BME) scheme, much value would help Render’s worth shoot to triple-digit figures.
This bold incorporation of Apple device power into a decentralized model is optimistic and goes ahead to adhere to Render’s vision and future of growth.
Having access to such a huge pool of Apple GPUs is certainly going to be a game changer in how decentralized technologies are utilized, and Render could well be a strong contender in the decentralized computing arena.
If achieved, it would alter entirely the purpose and value proposition of Render and bring about a sweeping interest in decentralized computation.
Bullish Pennant Formation Hints at Render Price SurgeCrypto analyst Faibik highlights a moderate price increase in Render where the target has been set at $20 midterm with a bullish pennant pattern formation seen. The triangles often develop after strong price movements up and imply a continuation of the trend.
#Render #altcoin #AltcoinSeason #CryptoNews
Render (RNDR) Price Analysis: Fibonacci Levels Indicate Strong Upside
#Render (RNDR) HTF Analysis: A Deep Dive into the Bullish Potential
$RENDER a prominent player in the crypto space, is exhibiting signs of a strong bullish trend based on multi-timeframe technical analysis. This comprehensive report analyzes key price movements, liquidity zones, and potential targets, providing investors with actionable insights.
Monthly Timeframe Analysis
On the monthly timeframe, Render (RNDR) has retraced significantly from its all-time high (ATH), finding support at a crucial bullish order block around the 0.79 Fibonacci retracement level. This retracement has created an optimal trade entry setup, a technical pattern that often signals a high-probability reversal and supports a bullish bias.
Key Observations:
- Price successfully tested a long-term demand zone.
- The Fibonacci confluence enhances the validity of the bullish setup.
- Strong upside momentum is building from this level.
Weekly Timeframe Analysis
Drilling down to the weekly timeframe, the price action aligns with the bullish narrative established on the monthly chart. RNDR has:
- Tapped into the weekly bullish order block, a critical zone of interest for institutional traders.
- Captured buy-side liquidity, an essential step in the market structure that paves the way for upward movement.
- Shifted the market structure, confirming a change in trend direction.
With these technical signals in place, the price appears primed to challenge significant liquidity zones, including:
- Buy-Side Liquidity (BSL) levels.
- The All-Time High (ATH).
Investment Outlook and Strategy
Current Opportunity:
The current level offers an excellent opportunity for accumulation, as the confluence of monthly and weekly bullish signals indicates a potential upside of approximately 95%.
Recommendations for Investors:
Existing Holders: Maintain your positions and stay focused on long-term targets as the bullish momentum builds.
New Investors: Consider entering positions at the current level to capitalize on the anticipated gains.
Conclusion
Render (RNDR) demonstrates a strong case for bullish continuation on both the monthly and weekly timeframes. The alignment of key technical factors, including order block support, liquidity capture, and market structure shift, reinforces the potential for significant upside movement. As buy-side liquidity zones and the ATH come into focus, RNDR presents a compelling opportunity for both short-term and long-term investors.
Disclaimer: The information in this analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.
#Bitcoin $BTC
$RENDER a prominent player in the crypto space, is exhibiting signs of a strong bullish trend based on multi-timeframe technical analysis. This comprehensive report analyzes key price movements, liquidity zones, and potential targets, providing investors with actionable insights.
Monthly Timeframe Analysis
On the monthly timeframe, Render (RNDR) has retraced significantly from its all-time high (ATH), finding support at a crucial bullish order block around the 0.79 Fibonacci retracement level. This retracement has created an optimal trade entry setup, a technical pattern that often signals a high-probability reversal and supports a bullish bias.
Key Observations:
- Price successfully tested a long-term demand zone.
- The Fibonacci confluence enhances the validity of the bullish setup.
- Strong upside momentum is building from this level.
Weekly Timeframe Analysis
Drilling down to the weekly timeframe, the price action aligns with the bullish narrative established on the monthly chart. RNDR has:
- Tapped into the weekly bullish order block, a critical zone of interest for institutional traders.
- Captured buy-side liquidity, an essential step in the market structure that paves the way for upward movement.
- Shifted the market structure, confirming a change in trend direction.
With these technical signals in place, the price appears primed to challenge significant liquidity zones, including:
- Buy-Side Liquidity (BSL) levels.
- The All-Time High (ATH).
Investment Outlook and Strategy
Current Opportunity:
The current level offers an excellent opportunity for accumulation, as the confluence of monthly and weekly bullish signals indicates a potential upside of approximately 95%.
Recommendations for Investors:
Existing Holders: Maintain your positions and stay focused on long-term targets as the bullish momentum builds.
New Investors: Consider entering positions at the current level to capitalize on the anticipated gains.
Conclusion
Render (RNDR) demonstrates a strong case for bullish continuation on both the monthly and weekly timeframes. The alignment of key technical factors, including order block support, liquidity capture, and market structure shift, reinforces the potential for significant upside movement. As buy-side liquidity zones and the ATH come into focus, RNDR presents a compelling opportunity for both short-term and long-term investors.
Disclaimer: The information in this analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.
#Bitcoin $BTC
$RENDER (Daily)
$RENDER 's retracement ✅ is confirmed in the daily timeframe, so the train has left the station, so buckle up & be ready.🚀
#Render #rendertoken #RenderNetwork #btc #bitcoin $RENDER
$RENDER 's retracement ✅ is confirmed in the daily timeframe, so the train has left the station, so buckle up & be ready.🚀
#Render #rendertoken #RenderNetwork #btc #bitcoin $RENDER
⭐️ On the Brink of a Render Breakout: Can RENDER Reach $20?
RENDER has broken free from a downtrend, signaling a bullish breakout potential.
Key resistance zones at $11–$12 will determine if the price continues to rise.
Growing interest in AI could drive RENDER’s price towards a potential $20 target.
RENDER (RNDR) has caught the attention of investors as the AI sector surges. After a period of decline, this token seems ready to break free. With recent bullish movement, many are wondering if RENDER could climb to $20. Let’s explore the technical factors behind this potential rise.
💬 $RENDER is on the Verge of Bullish Pennant Breakout..⌛️📈Midterm Target : 20$#Crypto #RENDER #RENDERUSDT — Captain Faibik
🔸 Analyzing Render’s Bullish Turn
Earlier this year, RENDER faced a steady drop in price. The token struggled around the $13–$14 resistance zone, keeping price action in a downward trend. However, mid-year consolidation suggested that a shift was coming. The price stabilized, indicating RENDER was preparing for a breakout.
This breakout has been a significant turning point. A falling wedge pattern appeared on the chart, a formation known for signaling reversals. The breakout from the downtrend channel suggests that bearish momentum has shifted to bullish.
As RENDER moves above previous resistance levels, the upward trend shows potential for further gains. The $11–$12 resistance zone will be critical in determining if the momentum continues.
🔸 Support and Resistance Levels: Key Indicators
Support levels are key to understanding RENDER’s potential. The $4 range served as a solid base during the recent surge, while the $6–$7 zone saw consolidation before the breakout. Now, RENDER is approaching the $11–$12 resistance.
If the price pushes past this level, the next target could be the $13–$14 range, where the token faced resistance earlier. Looking further ahead, RENDER could even reach $20 if momentum holds. The growing interest in AI crypto projects adds confidence to this scenario.
#Render #RNDR
RENDER has broken free from a downtrend, signaling a bullish breakout potential.
Key resistance zones at $11–$12 will determine if the price continues to rise.
Growing interest in AI could drive RENDER’s price towards a potential $20 target.
RENDER (RNDR) has caught the attention of investors as the AI sector surges. After a period of decline, this token seems ready to break free. With recent bullish movement, many are wondering if RENDER could climb to $20. Let’s explore the technical factors behind this potential rise.
💬 $RENDER is on the Verge of Bullish Pennant Breakout..⌛️📈Midterm Target : 20$#Crypto #RENDER #RENDERUSDT — Captain Faibik
🔸 Analyzing Render’s Bullish Turn
Earlier this year, RENDER faced a steady drop in price. The token struggled around the $13–$14 resistance zone, keeping price action in a downward trend. However, mid-year consolidation suggested that a shift was coming. The price stabilized, indicating RENDER was preparing for a breakout.
This breakout has been a significant turning point. A falling wedge pattern appeared on the chart, a formation known for signaling reversals. The breakout from the downtrend channel suggests that bearish momentum has shifted to bullish.
As RENDER moves above previous resistance levels, the upward trend shows potential for further gains. The $11–$12 resistance zone will be critical in determining if the momentum continues.
🔸 Support and Resistance Levels: Key Indicators
Support levels are key to understanding RENDER’s potential. The $4 range served as a solid base during the recent surge, while the $6–$7 zone saw consolidation before the breakout. Now, RENDER is approaching the $11–$12 resistance.
If the price pushes past this level, the next target could be the $13–$14 range, where the token faced resistance earlier. Looking further ahead, RENDER could even reach $20 if momentum holds. The growing interest in AI crypto projects adds confidence to this scenario.
#Render #RNDR
#Render
A well known project in the crypto community is looking technically bullish for the coming weeks Its been in a strong uptrend since last year has been consolidating within a bullish pennant pattern for the past few weeks could easily send it soaring to $12-15 m midterm📈
$RENDER
🚨🚨
👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informedbefore jumping in! 🚀💸
A well known project in the crypto community is looking technically bullish for the coming weeks Its been in a strong uptrend since last year has been consolidating within a bullish pennant pattern for the past few weeks could easily send it soaring to $12-15 m midterm📈
$RENDER
🚨🚨
👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informedbefore jumping in! 🚀💸
Render Token ( $RENDER ) Technical Analysis:
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Render Token's value skyrocketed, outperforming altcoins after breaking past $5.8 resistance!
Technical Analysis:
• Bullish trend
• Resistance: $6
• Targets: $6.7, $7.5
• Strong order flow and buying interest
Market Indicators:
• High open interest suggests price volatility
• Long orders and AI narratives support upward momentum
Psychological Resistance:
• $6 is a key barrier, with retail shorts and institutional longs potentially driving liquidation
#Render #RNDR #BTCBreaks84k #AltCoinRush #Bullish
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Render Token's value skyrocketed, outperforming altcoins after breaking past $5.8 resistance!
Technical Analysis:
• Bullish trend
• Resistance: $6
• Targets: $6.7, $7.5
• Strong order flow and buying interest
Market Indicators:
• High open interest suggests price volatility
• Long orders and AI narratives support upward momentum
Psychological Resistance:
• $6 is a key barrier, with retail shorts and institutional longs potentially driving liquidation
#Render #RNDR #BTCBreaks84k #AltCoinRush #Bullish
#Render
A well known project in the crypto community, is looking technically bullish for the coming weeks! It's been in a strong uptrend since last year and has been consolidating within a bullish pennant pattern for the past few weeks. A successful breakout could easily send it soaring to $12-15 in the midterm📈
A well known project in the crypto community, is looking technically bullish for the coming weeks! It's been in a strong uptrend since last year and has been consolidating within a bullish pennant pattern for the past few weeks. A successful breakout could easily send it soaring to $12-15 in the midterm📈
$RENDER #Render Well Known Project For Crypto Community Looking Technically Bullish For Coming Weeks
In Strong Uptrend From Last Year & Consolidating Within Bullish Pennant From Last Few Expecting Breakout Soon Successful Breakout Can Easily Send It 12-15$ In Midterm
In Strong Uptrend From Last Year & Consolidating Within Bullish Pennant From Last Few Expecting Breakout Soon Successful Breakout Can Easily Send It 12-15$ In Midterm
See original
Information #Render ! ⭐
The $RNDR token issuance event is scheduled in 19 hours, at 12:00 AM UTC, on 16/06/2024. 760.57k tokens #RNDR with a value of ~$6.06m (Inflation Amount) will be issued. 🍕
Current RNDR token progression: Unlocked 307.93m (47.80%), TBD locked 235.03m (36.48%), Untracked 68.82m (10.68%), Total Locked 32.47m (5.04%). 💵
I invite you to follow! 👊🍺
#Altcoinseason2024 #altcoins
The $RNDR token issuance event is scheduled in 19 hours, at 12:00 AM UTC, on 16/06/2024. 760.57k tokens #RNDR with a value of ~$6.06m (Inflation Amount) will be issued. 🍕
Current RNDR token progression: Unlocked 307.93m (47.80%), TBD locked 235.03m (36.48%), Untracked 68.82m (10.68%), Total Locked 32.47m (5.04%). 💵
I invite you to follow! 👊🍺
#Altcoinseason2024 #altcoins
While I can’t predict the future with here are three AI-related cryptocurrencies that have gained attention and could potentially see growth by 2025:🚀🚀
Bittensor (TAO): With a market cap of $3.85 billion as of February 29, 2024, Bittensor is a decentralized machine learning protocol powered by the #TAO🔥🔥🔥🔥 token1. Keep an eye on its progress!
#Render (RNDR): Render holds the second spot with a market cap of $3.03 billion. It’s worth exploring due to its AI-related focus1.
#Fetch_ai (FET): Fetch.ai ranks third, boasting a market cap of $1.41 billion. Its AI-driven solutions make it an interesting contender1.
Remember, investing in cryptocurrencies carries risks, so thorough research and caution are essential. 🚀🔍💡
$BTC $SOL $TAO
✅Follow
✅Like
✅Share
Bittensor (TAO): With a market cap of $3.85 billion as of February 29, 2024, Bittensor is a decentralized machine learning protocol powered by the #TAO🔥🔥🔥🔥 token1. Keep an eye on its progress!
#Render (RNDR): Render holds the second spot with a market cap of $3.03 billion. It’s worth exploring due to its AI-related focus1.
#Fetch_ai (FET): Fetch.ai ranks third, boasting a market cap of $1.41 billion. Its AI-driven solutions make it an interesting contender1.
Remember, investing in cryptocurrencies carries risks, so thorough research and caution are essential. 🚀🔍💡
$BTC $SOL $TAO
✅Follow
✅Like
✅Share
Render Crypto: A Bullish Breakout May Be in the Cards
The #Render crypto price has exhibited mixed movements recently. Observing the exponential moving averages (EMAs), it can be noted that the 9 EMA and the 20 EMA have been closely aligned, indicating a short-term consolidation phase.
The Moving Average Convergence Divergence (MACD) indicator reflects a subtle bearish trend. The MACD line is below the signal line, with histogram values suggesting a weakening bearish momentum. This could imply a potential for sideways movement or a slight downtrend if the bearish momentum gains strength. Relative Strength Index (RSI) values, hovering around the mid-40s, indicate a neutral stance, neither overbought nor oversold.
Given the current technical setup, key resistance levels are identified at $6.649, $6.751, and $6.99. If the Render crypto price breaks above these levels with strong volume, it could signal the start of a bullish trend. Conversely, support levels are noted at $6.244 and $5.853. A breach below these support levels could indicate further downside potential, with the pair potentially targeting lower support zones. $RNDR #RNDR #altcoins The full analysis and trade strategy were originally posted on www.ecoinimist.com.
The #Render crypto price has exhibited mixed movements recently. Observing the exponential moving averages (EMAs), it can be noted that the 9 EMA and the 20 EMA have been closely aligned, indicating a short-term consolidation phase.
The Moving Average Convergence Divergence (MACD) indicator reflects a subtle bearish trend. The MACD line is below the signal line, with histogram values suggesting a weakening bearish momentum. This could imply a potential for sideways movement or a slight downtrend if the bearish momentum gains strength. Relative Strength Index (RSI) values, hovering around the mid-40s, indicate a neutral stance, neither overbought nor oversold.
Given the current technical setup, key resistance levels are identified at $6.649, $6.751, and $6.99. If the Render crypto price breaks above these levels with strong volume, it could signal the start of a bullish trend. Conversely, support levels are noted at $6.244 and $5.853. A breach below these support levels could indicate further downside potential, with the pair potentially targeting lower support zones. $RNDR #RNDR #altcoins The full analysis and trade strategy were originally posted on www.ecoinimist.com.
RNDR Overtakes TAO in Market Cap; Claims AI Coin Throne
RNDR, a cryptocurrency, has surpassed TAO in market value, stunning the crypto world. RNDR is known for its decentralized GPU rendering solutions, transforming digital creation. AI coins like RNDR demonstrate strength, performing exceptionally well in the current market cycle.
Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On CryptosHeadlinesToken.com
During the current bullish phase in the cryptocurrency market, both memecoins and AI-related tokens are experiencing remarkable advancements. RNDR, TAO, and NMT have recently reached and exceeded their all-time highest values, showcasing their strong performance amidst the market surge.
RNDR Surpasses TAO in Market Cap: An Unforeseen Development
Render (RNDR), often hailed as the “NVIDIA of crypto,” continues its impressive surge, setting new all-time highs almost daily. The recent flip of TAO by RNDR in market capitalization has left many investors astonished, highlighting the volatile nature of the crypto market and the unpredictable shifts among AI coins.
The unexpected turn of events prompts investors to reevaluate their strategies and underscores the importance of thorough research when considering AI coins. This suggests that mid-cap AI tokens hold potential to rise alongside established blue-chip counterparts.
At the forefront of this surge is the Render Network Foundation, renowned for its decentralized GPU-based rendering solutions. By connecting node operators with spare GPU compute power to artists seeking scalable 3D rendering capabilities in the cloud, Render is revolutionizing the digital creation process.
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Also Read: Tom Lee Forecasts Bitcoin's Rise to $82K and $150K by 2024 End
Moreover, Render extends beyond rendering services to provide a versatile platform for developing applications for the emerging digital economy. This includes areas such as AI, digital rights management (DRM), and non-fungible tokens (NFTs), positioning Render as a key player in shaping the future of digital innovation.
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RNDR and TAO Reach New ATHs Amidst Crypto Market Surge
According to CoinGecko data, Render (RNDR) recently achieved an impressive new all-time high (ATH) of $12.61, accompanied by a total market capitalization of $4,600,034,431. This surge reflects a remarkable 167.2% increase in the last 30 days. In parallel, TAO reached its own ATH of $757.60, boasting a market cap of $4,551,202,452, with a notable 46.0% surge in the last 30 days.
As the crypto market cycle gains momentum, traders are eagerly anticipating sustained outperformance from AI coins. There’s palpable excitement surrounding the potential ATHs these tokens might establish during the current golden bull run. The vibrant AI coin sector continues to capture the attention of price analysts amidst the broader surge in the crypto market.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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#RNDR #TAO #Altcoin #Render $RNDR
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During the current bullish phase in the cryptocurrency market, both memecoins and AI-related tokens are experiencing remarkable advancements. RNDR, TAO, and NMT have recently reached and exceeded their all-time highest values, showcasing their strong performance amidst the market surge.
RNDR Surpasses TAO in Market Cap: An Unforeseen Development
Render (RNDR), often hailed as the “NVIDIA of crypto,” continues its impressive surge, setting new all-time highs almost daily. The recent flip of TAO by RNDR in market capitalization has left many investors astonished, highlighting the volatile nature of the crypto market and the unpredictable shifts among AI coins.
The unexpected turn of events prompts investors to reevaluate their strategies and underscores the importance of thorough research when considering AI coins. This suggests that mid-cap AI tokens hold potential to rise alongside established blue-chip counterparts.
At the forefront of this surge is the Render Network Foundation, renowned for its decentralized GPU-based rendering solutions. By connecting node operators with spare GPU compute power to artists seeking scalable 3D rendering capabilities in the cloud, Render is revolutionizing the digital creation process.
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Also Read: Tom Lee Forecasts Bitcoin's Rise to $82K and $150K by 2024 End
Moreover, Render extends beyond rendering services to provide a versatile platform for developing applications for the emerging digital economy. This includes areas such as AI, digital rights management (DRM), and non-fungible tokens (NFTs), positioning Render as a key player in shaping the future of digital innovation.
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RNDR and TAO Reach New ATHs Amidst Crypto Market Surge
According to CoinGecko data, Render (RNDR) recently achieved an impressive new all-time high (ATH) of $12.61, accompanied by a total market capitalization of $4,600,034,431. This surge reflects a remarkable 167.2% increase in the last 30 days. In parallel, TAO reached its own ATH of $757.60, boasting a market cap of $4,551,202,452, with a notable 46.0% surge in the last 30 days.
As the crypto market cycle gains momentum, traders are eagerly anticipating sustained outperformance from AI coins. There’s palpable excitement surrounding the potential ATHs these tokens might establish during the current golden bull run. The vibrant AI coin sector continues to capture the attention of price analysts amidst the broader surge in the crypto market.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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#RNDR #TAO #Altcoin #Render $RNDR
RNDR Surges 60% This Month; Promising Developments Keep Investors Positive
Render (RNDR) is benefiting from the growing influence of artificial intelligence in the media landscape. The token has seen a significant increase in value, rising by 26% this week and a whopping 60% over the month, according to Coingecko.
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Render is actively expanding its capabilities to meet the evolving needs of both the media and AI sectors. In 2023, the platform gained wider recognition by completing rendering jobs for high-profile projects such as the Las Vegas Sphere and Apple’s Apple Vision Pro.
Render Network Thrives Amidst Advancements in Generative AI
The Render Network, renowned for its decentralized GPU-based rendering solutions, has seen a significant boost in its position with the latest advancements in generative AI. One notable example gaining attention is Sora, the latest addition to OpenAI’s portfolio in generative content creation. Sora’s ability to generate high-fidelity prompts has positioned it as a standout in the realm of generative content.
Jules Urbach, the founder and CEO of OTOY, emphasized the significance of Render in this evolving landscape. He praised Sora’s capability to preserve well-defined 4D scene elements in latent space, highlighting its potential for blending and decomposing neural-generated assets within rendered scene graphs. Urbach expressed optimism about Render’s role in revolutionizing digital content creation, envisioning a future where high-friction pain points are reimagined without compromising the value and artistry of authentic human creativity and expression.
The growth trajectory of Render is further fueled by the release of various AI products by industry giants like META, NVIDIA, and Google. Investors are closely monitoring Render’s expansion as it emerges as a key player in the cloud-based rendering space, poised to capitalize on the growing demand for innovative rendering solutions.
Total crypto market cap currently at $1.895 trillion. Chart: TradingView.com
RNDR Partnerships Grow with RNP-004 and RNP-008
The Render Network has seen significant growth in its partnerships with other Web 3 organizations following the implementation of RNP-004. This month, Nosana joined the network after the successful passage of RNP-008 in the final vote. Nosana’s addition adds to the roster of partners, which already includes prominent names like IO.net, Beam, and FedM1.
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As the overall market experiences a cooling-off period after a period of bullish activity, RNDR has followed suit with a decline in recent weeks. Investors and traders should remain cautious about RNDR’s reaction to external pressures. In the short to medium term, bullish investors may aim to target the 50% retracement level to mitigate any bearish pressure.
If bullish sentiment fails to provide sufficient resistance against bearish forces, RNDR could potentially decline to $4.6. This scenario underscores the importance of monitoring market dynamics closely and being prepared for various outcomes.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bitcoin #Altcoin #Cryptocurrency #Render
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Render is actively expanding its capabilities to meet the evolving needs of both the media and AI sectors. In 2023, the platform gained wider recognition by completing rendering jobs for high-profile projects such as the Las Vegas Sphere and Apple’s Apple Vision Pro.
Render Network Thrives Amidst Advancements in Generative AI
The Render Network, renowned for its decentralized GPU-based rendering solutions, has seen a significant boost in its position with the latest advancements in generative AI. One notable example gaining attention is Sora, the latest addition to OpenAI’s portfolio in generative content creation. Sora’s ability to generate high-fidelity prompts has positioned it as a standout in the realm of generative content.
Jules Urbach, the founder and CEO of OTOY, emphasized the significance of Render in this evolving landscape. He praised Sora’s capability to preserve well-defined 4D scene elements in latent space, highlighting its potential for blending and decomposing neural-generated assets within rendered scene graphs. Urbach expressed optimism about Render’s role in revolutionizing digital content creation, envisioning a future where high-friction pain points are reimagined without compromising the value and artistry of authentic human creativity and expression.
The growth trajectory of Render is further fueled by the release of various AI products by industry giants like META, NVIDIA, and Google. Investors are closely monitoring Render’s expansion as it emerges as a key player in the cloud-based rendering space, poised to capitalize on the growing demand for innovative rendering solutions.
Total crypto market cap currently at $1.895 trillion. Chart: TradingView.com
RNDR Partnerships Grow with RNP-004 and RNP-008
The Render Network has seen significant growth in its partnerships with other Web 3 organizations following the implementation of RNP-004. This month, Nosana joined the network after the successful passage of RNP-008 in the final vote. Nosana’s addition adds to the roster of partners, which already includes prominent names like IO.net, Beam, and FedM1.
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As the overall market experiences a cooling-off period after a period of bullish activity, RNDR has followed suit with a decline in recent weeks. Investors and traders should remain cautious about RNDR’s reaction to external pressures. In the short to medium term, bullish investors may aim to target the 50% retracement level to mitigate any bearish pressure.
If bullish sentiment fails to provide sufficient resistance against bearish forces, RNDR could potentially decline to $4.6. This scenario underscores the importance of monitoring market dynamics closely and being prepared for various outcomes.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bitcoin #Altcoin #Cryptocurrency #Render