Render price could crash 30% as investors book $7.5 million in profits following AI crypto coin hype
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Description
Render price could crash as investors cash in on the NVDIA earnings and OpenAI mania that drove rallies in AI crypto coins. As the hype dissipates, RNDR could crash 30%...
show moreAs the hype dissipates, RNDR could crash 30% to find support at $2.266.
However, amid lack of parity between NPL spike with whale transaction count, the steep correction could be delayed.
Invalidation of the bearish thesis will occur after the altcoin’s price decisively breaks and closes above $3.451.
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Author | RADIO007 |
Organization | RADIO007 |
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