Volatility of the cryptocurrency market has not decreased, with altcoins showing notable price swings in their individual portfolios. Furthermore, the market saw positive activity when the CPI data was released.
Leading cryptocurrencies like Render (RNDR) and Uniswap (UNI) had a positive surge in their portfolios following around a month of unfavorable trading. This provides investors with a sigh of comfort.
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Here we will discuss the Render and Uniswap recent performance as well as AI coin Algotech (ALGT) in the presale.
Render (RNDR): What’s Next?
During the past year, Render (RNDR) has increased, as reported by CoinMarketCap. Mister Crypto, a cryptocurrency expert, is upbeat and believes that RNDR can break through.
The cryptocurrency is sustaining above its crucial moving averages with several positive signs, according to the technical analysis, which supports this theory.
When Q2 2024 comes to a conclusion, Render stays a potential crypto to keep an eye on.
Render (RNDR) After CPI Data
Render price has corrected 18% in 7 days and 14% in 30 days, but has regained momentum with a 5% jump in the last days, trading at $8.66 at the time of writing.
The MACD indicates increased activity, but with declining averages, suggesting mixed sentiment.
The RNDR price could face resistance at $9.450 and support at $7.325. Overall, the Render (RNDR) price is experiencing a tug-of-war between bulls and bears.
Uniswap (UNI) Breakout After CPI Data
The decentralized exchange (DEX) has grown quickly because of Uniswap’s (UNI) creative automated market maker technology, which uses smart contracts instead of traditional order books.
This approach has raised trading volumes and overall liquidity while attracting substantial investment to its liquidity pools, Uniswap (UNI) has grown to become one of the most well-known DEX.
Uniswap (UNI) price formed a base above $8.75 and then broke out above resistance levels of $9.20, $9.50, and $10.00, reaching a high of $10.32 before correcting.
It stays above $9.50 at the time of writing and the 100-hourly simple moving average, with immediate resistance at $10.00.
ALGT Token Presale Sees Success, Raises $6.4 Million
Render (RNDR) and Uniswap (UNI) are not as impressive as the Algotech (ALGT) token’s presale. Crypto users have expressed interest in it due to its novel algorithmic trading strategy.
Algotech provides individualized recommendations using automated trading algorithms that utilize AI and machine learning. With a current presale price of $0.08, the coin has raised nearly $6.4 million.
In the current presale, Algotech stays a prominent crypto to keep an eye on.
For more details about Algotech:
Visit Algotech Presale
Join The Algotech Community
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