Top Coinpedia Picks for the Coming Week: Do You Own Some?

The post Top Coinpedia Picks for the Coming Week: Do You Own Some? appeared first on Coinpedia Fintech News

The crypto markets are plunging, with the majority of the tokens slumping below their immediate support and heading towards the key support levels. Meanwhile, Coinpedia has picked some 100x gems, which may trigger a healthy upswing in the coming days. Moreover, these altcoins are believed to set about a strong ascending trend, which may elevate the levels above the bearish trap.

Render (RNDR)

The Render token has displayed a massive price rise during the last quarter of the year, which outpowered the interim pullback which occurred during the first few days of 2024. The RNDR price has marked yearly highs above $13 and currently the bulls appear to be a little exhausted. Despite the current market condition, the token maintains a solid market cap, indicating significant interest and confidence in its long-term potential.

Celestia (TIA)

Ever since the start, the Celestia (TIA) price has been rising with significant strength, marking highs above $20. Although the levels have been consistently dropping since then, the volume has been maintained within a decent range suggesting the traders continue to maintain interest over the token. However, the price has triggered a rebound at the moment, due to which positive sentiments continue to prevail over the token. Therefore, the TIA price is expected to rise as market sentiments flip over.

Fetch.ai (FET)

One of the popular AI tokens, Fetch.ai, has been trading below $1 for quite a while, with multiple failed attempts to rise above the levels. Meanwhile, the FET price broke above the consolidation and marked a new ATH above $3 in a very short timeframe. Although bearish activity has surged to some extent, the token remains within the bullish range and is expected to trigger a fresh upswing soon.

Ethena (ENA)

Since the start, the ENA price has been maintaining a healthy upswing and has gained over 100% to reach the highs close to $1.5. The bulls continue to hold significant dominance, due to which the rally is expected to maintain a healthy upswing for a longer time. However, the bears are trying hard to hold a strong base but the bulls continue to trade above the crucial support zone, hence keeping bullish expectations elevated.

Ondo (ONDO)

The Ondo price has displayed huge strength throughout March and after attaining certain levels, they continues to trade sideways, indicating an accumulation phase. Presently, the price has confirmed support at $0.75 and is moving forward to the next target of $1.37. Ondo price experienced the strongest bounce since the dump and could probably go to $1 if the BTC price retests $69,000.

Solana (SOL)

Solana is in the middle of the next bullish attempt to mark new highs for the prevailing bullish run. After plunging from the highs, the token is closer to accomplishing a parabolic curve but is facing major hindrance at $200. Once these levels are broken, the token may soon enter the price discovery phase and achieve new highs, probably above $500.

Pepe (PEPE)

One of the popular memecoins, Pepe, has displayed its strong existence as the rally broke in the last few days of February. This also propelled the other memecoins along with the other popular altcoins, due to which March remained a bullish month for crypto. However, the price is falling short of strength as the bearish activity intensifies, but in the coming days, another similar rally is believed to begin, which may eliminate a zero from its value.

Avalanche (AVAX)

Avalanche is among the tokens which have been differing in price action from the popular cryptos in the market. After consolidating in the first few days of the year, the AVAX price has been maintaining a steep ascending trend. The token soon made highs above $60 and ended up facing extreme bearish pressure. Meanwhile, traders continue to remain bullish as the activity remains within the bullish range, which has kept the hopes of an ascending trend intact.

Crypto Pulpit