An MVRV ratio of 1.48 also suggests that Render is in the early stages of a bull market cycle.
Render Token ($RENDER) has once again caught the eye of cryptocurrency analysts by forming a notable bullish chart pattern known as the cup and handle. This pattern, identified on the daily chart, has a neckline set at around $10, which is a critical resistance level for the token. Currently trading at $8.
The Render (RENDER) price has successfully regained momentum by displaying a strong bullish outlook. Reportedly, this Artificial Intelligence (AI) token has soared over 21%, indicating an increase in the adoption process of this technology in real-world applications.
Avalanche (AVAX), a leading cryptocurrency, is catching the market's attention as analysts suggest it might be on the verge of a major price surge. Currently trading near $43.30, the token has shown impressive resilience in the face of market volatility.
A 21.92% rise in large transactions highlights growing whale interest. Could this aid analysts' $150 prediction for AVAX?
Sustained buying by institutional investors pushed Bitcoin above $100,000, opening the doors for a retest of the all-time high.
AVAX is the top gainer from the larger-cap alts today.
Render prices are testing the $8 resistance zone after a 32% price surge over the last two weeks.
Bitcoin price looks on track to reclaim the $100,000 level. Are altcoins set to follow?
The latest price analysis by Coinidol.com report, the price of Avalanche (AVAX) has fallen sharply and is now returning to the bottom of the chart.
Are you trying to figure out which altcoins could make a difference in your portfolio this week? The crypto market is packed with opportunities, but knowing where to look is key. With innovation driving fresh projects forward, there's always something worth considering if you want to make smart investment choices.
Render Network's 2024 achievements include token upgrades, expanded 3D tool support, AI integrations, and significant community growth, setting the stage for 2025.
Avalanche's price could see a significant rise. The cryptocurrency market is expected to experience an altcoin season, where many altcoins, including AVAX, gain in value.
The $7 level is acting as strong resistance. If Render breaks above this level, it could indicate a bullish reversal.
Bitcoin is holding above $90,000, signaling the possibility of a move back toward $100,000 in the next few days.
The crypto market ended the year with a combined valuation of $3.26 trillion. 2024 featured shifting momentum across Bitcoin, Ethereum, and other assets, influenced by Bitcoin spot ETF approval, the US election, and evolving crypto regulation.
TL;DR AvalancheAI integrates artificial intelligence into the Avalanche ecosystem, using the $AVAX token to drive its growth. The platform offers accessible tools for creating and trading AI agents, aimed at both Web3 and Web2 users. $AVAXAI will facilitate transactions within the platform. It will feature a deflationary mechanism that supports the token's appreciation.
Avalanche is diving headfirst into this massive opportunity. Meet AvalancheAI, the first-ever AI project on the $AVAX blockchain, bringing AI and crypto together in a way that could revolutionize the space.
Despite closing the year on a bearish note, cryptocurrencies displayed remarkable performance in 2024, with tokens hitting never-seen-before all-time highs. Meanwhile, analysts expect robust gains for the asset class in the coming year as digital assets go mainstream.
Story Highlights The live price of the AVAX crypto token is . Avalanche price may reach a maximum of $81 in 2025. With a potential surge, the AVAX coin price may achieve a high of $257 by 2030.
Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers.
The crypto markets are juggling within a small range, unable to rise above the resistance while defending the support during every bearish attack. Besides, the volume of the token has been slashed heavily, due to which cryptos like Avalanche have become less volatile.
In line with the general crypto market, Avalanche (AVAX) has experienced significant market correction over the past two weeks following an extended price rally. With the altcoin's price now hovering around the $36 price zone, recent market predictions have highlighted a critical market condition needed to avoid a complete collapse of AVAX's bullish structure.
Cryptocurrency analysts of Coinidol.com report, Avalanche (AVAX) has fallen below the moving average lines and closed below the 50-day SMA.
Bitcoin's repeated failure to cross above $100,000 increases the risk of a drop under $90,000.
The crypto markets are heading towards the end of the yearly trade that has been historically bullish, even in times of a bear market. Meanwhile, the current trend suggests the buyers have been facing extreme exhaustion at the moment, which suggests the yearly close may not be as bullish as expected.
The cryptocurrency market continues its recovery, one asset that's catching the attention of traders and investors alike is RENDER, the native token of the Render network. After showing promising signs of upward momentum, many are speculating that the token could be poised for a substantial rally.
RENDER is doing well, but can it do even better soon?
The story of a successful crypto token characterized by several speculative bull.
AVAX price is poised for a bullish run as Avalanche emphasizes its capped supply and fee burn model, drawing comparisons to Bitcoins scarcity. Analysts predict potential highs of $64.04 and $79.77 as market interest surges.
Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
The speculations over a potential AVAX price rally soared as Avalanche founder Emin Gun Sirer drew parallels to Bitcoin's capped 21 million supply. Highlighting AVAX's maximum supply of 715.74 million and its deflationary mechanism of burning transaction fees, Sirer contrasts it with Ethereum's uncapped supply.
TL;DR Asset tokenization is revolutionizing the connection between blockchain and traditional finance. Chromia, MakerDAO, and Avalanche stand out for their innovation, addressing scalability, transparency, and efficiency in tokenization. These initiatives could redefine markets by 2025, making assets more accessible, secure, and efficient.
Hyperliquid's HYPE, following its billionaire airdrop, surged to a new all-time high on December 21 before entering a steep correction. Meanwhile, RENDER, the leading AI-focused token, has seen a sharp 20% decline over the past week, with its market cap falling to $3.7 billion.
Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support.
The latest price analysis by Coinidol.com report, Avalanche (AVAX) has failed to break above the $55 resistance level.
While last week's dip tested RNDR's resilience, the altcoin has strongly bounced back, reclaiming investor confidence in a short span.
Avalanche's native token, AVAX, has experienced a dramatic downturn, shedding 29.12% of its value over the past week. In the last 24 hours alone, it plummeted by 14.05%, leaving investors concerned about its future.
Bitcoin rebounds toward $100K, boosting top altcoins BNB, ADA, and AVAX. Key levels to watch as technical setups hint at sharp moves ahead.
AVAX could be on the verge of reclaiming bullish market momentum.
A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.
In a recent BeInCrypto-hosted discussion, Sofia Pashnina brought together representatives from Avalanche and Uplink to explore the potential of decentralized physical infrastructure networks (DePIN).
Bitcoin's sudden drop from $108,000 to $96,000 has shaken the market of digital assets. This surprise move lit a fire under selling across all altcoins, with Render ($RENDER)being hit hardest and crashing -26%, breaking its 40-day trendline too.
Internet Computer also fell 3.7%, joining Avalanche as a top underperformer.
Render (RNDR) has seen a sharp 15% price decline over the past three days, a move that reflects broader market uncertainty. Despite this, a significant portion of its holders—around 70%—remain in profit, signaling a resilient investor base.
Render's whale activity dip raises questions as 70% of its holders have been in profits.
Cardano (ADA) and Avalanche (AVAX), two popular altcoins, are experiencing notable corrections this week, with prices continuing to trend downward on Wednesday. Cardano has corrected by nearly 7%, while Avalanche is down over 8% since the beginning of the week.