Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»Trader says Render will be one of the strongest altcoins in the coming weeks, updates outlook for 3 more altcoins
ALTCOIN NEWS

Trader says Render will be one of the strongest altcoins in the coming weeks, updates outlook for 3 more altcoins

By Crypto FlexsMay 31, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Trader says Render will be one of the strongest altcoins in the coming weeks, updates outlook for 3 more altcoins
Share
Facebook Twitter LinkedIn Pinterest Email

A widely respected cryptocurrency analyst believes one altcoin project focused on artificial intelligence (AI) will outperform the broader market.

Pseudonymous cryptocurrency trader Altcoin Sherpa tells his 216,400 followers on social media platform X that the decentralized GPU rendering blockchain Render (RNDR) has a strong market structure.

“RNDR: In my opinion, RNDR is still a great place to buy and hold. I think this will be a strong one in the coming weeks. However, due to the lack of volatility, it is not a good option for active trading.”

Source: Altcoin Sherpa/X

Looking at the chart, traders suggest that Render is holding the midpoint of the trading range as support and will soon break out to the upside.

Render is trading at $10.28 at the time of this writing, up almost 3% in the last 24 hours.

Next, traders warn that Ethereum (ETH) staking project Lido DAO (LDO) could soon retest the lower Fibonacci retracement level.

“LDO: Bid $2.10-$2.30.”

video
Source: Altcoin Sherpa/X

At the time of writing, LDO is trading at $2.33, down 2.1% in the last 24 hours.

Next, traders are near-term bullish on the underlying asset of modular blockchain network Celestia (TIA). However, he warned that TIA could decline in the coming months due to the upcoming token unlock, which is often perceived as bearish given the new sellable supply.

“TIA: I think this chart looks pretty good. I’m thinking about jumping on the train, but I’ll probably be patient. I’m hoping for some optimistic news so investors can get people to buy this before it’s unlocked in a few months. How do you create exit liquidity? Push up the chart before. “Do not hold it for a long time.”

video
Source: Altcoin Sherpa/X

TIA is trading at $11.11 at the time of this writing, up almost 2% in the last 24 hours.

Lastly, traders say they are generally bearish on interoperability blockchain Polkadot (DOT).

“Today a close friend asked me about DOT. Talk about a chain that failed and what was recovered. Should I pump it? Yes, it will go up to USDT (probably). Will it outperform the rest of the market? Very unlikely. I’m not saying you should sell it here, but if I’m exposed, I’ll sell the next pump.”

video
Source: Altcoin Sherpa/X

Polkadot is trading at $7.23 at the time of this writing, up almost 2% in the last 24 hours.

Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox

Check Price Action

follow us XFacebook, Telegram

Daily Hodl Mix Surfing

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may incur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Beneficiary Recruitment – Q1 2023

December 10, 2023

A make-or-break moment for Cardano is approaching.

December 28, 2023

The Impact of Cryptocurrencies on the Evolution of Online Gambling

July 16, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.