News

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

  • 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. 

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. 

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.

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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Lauren Cole

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.

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