๐๐ 2 Altcoins to Watch in the Fourth Week of December 2024
๐ง Render ($RENDER )
RENDER, the top AI token by market cap, has dropped 20% this week, falling from its peak of $4.5B to $3.7B. Despite the correction, the AI narrative remains strong for 2025, presenting a potential buy opportunity.
Key Support: $6.37
Key Resistance: $7.78
A breakout above resistance could drive RENDER to $9.71, while a failure to hold support may see it decline to $5.26 or $4.73. Investors are watching closely for momentum shifts.
โก Solana ($SOL )
SOL has dropped nearly 30% since its all-time high of $264 in November. However, the Solana ecosystem remains active, with dApps like Raydium and Pumpfun generating significant traction. Meme tokens like PENGU, BONK, and WIF continue to drive attention.
Key Support: $178
Key Resistance: $195
A breakout above $195 could push SOL toward $203 and $221, while a breakdown below $178 may trigger declines to $158 and $147.
Both altcoins sit at critical levels, and their next moves depend on broader market conditions and key technical breakouts. ๐๐