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RENDER Price Prepares for Massive Pump as the AI Coin Nears the End of a Falling Wedge Pattern

CryptonewslandCryptonewsland2024/08/27 11:15
By:Cryptonewsland
  • Altcoins show incredible potential for massive pumps in the coming weeks.
  • AI Coins are one of the leading sectors in the market to make massive pumps this bull cycle.
  • RENDER price chart shows massive pump loading as falling wedge pattern nears completion.

Bitcoin (BTC) price continues to fluctuate between $62,000 and $65,000 as the Crypto Fear and Greed Index switches between Green and Neutral sentiments. As the pioneer cryptocurrency drives hope for a bullish resurgence back to the price discovery phase, other altcoins are also showing strong bullish signals in their price charts. 

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AI Coins Lead Altcoin Pump Expectations

These altcoins include Cardano (ADA), VeChain (VET), Dogecoin (DOGE), and many other popular altcoins. Despite the arrest of Pavel Durov, even Toncoin (TON) continues to hold strong indicating the possible arrival of the long-awaited altseason. Some of the most bullish altcoins for this upcoming bull run phase of the ongoing bull cycle are AI coins. 

At the top of the list are FET and RENDER, both are AI-centric altcoins that have already begun to print heavy gains. In the last week alone, FET price soared by 60% while RENDER has surpassed a 10% price pump. Both assets are expected to make even greater parabolic pumps in the coming months ahead. 

In last two weeks I gave you

BTC buy signal at 50k
ETH long signal at 2.2k
FET buy signal now up 60%
RENDER signal today up 8%

Gave BTC prediction from 60k to 65k, with purest accuracy, told you 65k will happen till Sunday and it happened on the same day! Are you happy sirs?

— Doctor Profit 🇨🇭 (@DrProfitCrypto) August 24, 2024

Silver-Tongued Analyst Eyes RENDER

Reputed crypto analysts are keeping a close eye on RENDER as the asset seems to be at the start of an epic pump. Much like FET , the analyst above expects RENDER to print similar gains in the coming weeks ahead. Meanwhile, another analyst shares his expectations for RENDER price action in the near future.

$RENDER has been in a falling wedge pattern for the past couple months.

We've had our chance to load more up!

Don't forget that falling wedges, while lower highs are formed are in fact BULLISH patterns!

NVIDIA is set to report their earnings this week.

This is the PERFECT… pic.twitter.com/Rsro8QdpmS

— Kyren (@noBScrypto) August 26, 2024

As we can see from the post above, this analyst observes that RENDER is at the end of its falling wedge pattern which indicates a massive pump in the making. He also expects the results of NVIDIA’s report to further propel the price of RENDER very soon as NVIDIA could highly impact all DePIN and AI projects.

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Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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