Render is testing a key symmetrical triangle support level as it sends signals of a starting bullish run.

The artificial intelligence sector has become one of the most exciting and innovative developments in 2024. While many altcoins leverage artificial intelligence (AI) to disrupt industries and drive technological advancements, investors can consider these assets to sell as they could underperform in Q4.

Imagine turning $100 investment into a staggering $10,000 by early 2025. While such returns may seem too good to be true in most scenarios, the crypto world has a knack for making the impossible possible—especially during a bull run. However, extraordinary gains like this are rare, typically reserved for a select few high-potential altcoins.

Bitcoin (BTC) continued to rise as it edges to $68,000, with the world's largest cryptocurrency up by 0.65% over the past 24 hours. The crypto market had a mixed day, with BTC, Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), and Litecoin (LTC) posting gains.

The crypto markets are facing a mid-week bearish heat after a bullish start, which may hinder the progress of the rally for a while. The AI tokens, which gained immense attention in a short while are consolidating, which may be a bullish signal.

Render whale activity surges significantly by 527%, signaling a potential breakout ahead.

Artificial Intelligence (AI) witnessed a massive adoption in 2024, with its utility rapidly expanding to every sector. The emerging technology found its way into cryptocurrency, offering investors an innovative blend of AI-powered solutions and blockchain's decentralized infrastructure.

Render (RNDR) has been consolidating within a symmetrical triangle pattern for the past three months, indicating a period of indecision in the market. Currently, the token is holding steady near $5.50 after bouncing off a key support level, leaving traders on edge as they wait for a potential breakout.

NEAR was also a top performer, gaining 5.1%.

Robinhood Crypto EU, a digital assets trading platform, sparked noteworthy market optimism for the AI token Render Network on Friday. As the trading platform revealed listing for RENDER, bullish market sentiments enveloped the digital asset's long-term prospects.

Render (RNDR) price has been struggling recently, with key metrics showing it's falling behind compared to the top three AI-focused cryptocurrencies. Despite its position in the AI sector, RNDR has been unable to attract large holders, or whales, which are crucial for driving liquidity and price movement.

Whale activity spikes as Render's price tests a key symmetrical triangle support level.