If You Could Only HODL One AI Coin: Would it be Bittensor (TAO) or Render (RENDER)?
The post If You Could Only HODL One AI Coin: Would it be Bittensor (TAO) or Render (RENDER)? appeared on BitcoinEthereumNews.com.
Bitcoin has bounced back, reclaiming crucial benchmarks. Yet, the Federal Reserve’s stance remains firm, providing no easing of policy. As Q3 begins, the spotlight turns to major altcoins. Which ones are poised for a surge? This article dives into the latest market trends, analyzing which digital currencies are primed for potential growth in the coming months. Ethereum Price Shifts: Past Trends and Current Key Levels Over the past month, Ethereum saw a minor decline of about 0.15% along with a weekly drop near 9%, indicating short-term pressure. Over the last six months, the coin tumbled roughly 27% from its earlier highs, reflecting significant downward momentum. Historical figures show fluctuating price action characterized by periods of calm interrupted by notable declines. Although there was a brief stabilization in mid-range values, the sustained slump over half a year is a strong reminder of market volatility. Currently, Ethereum’s price is within its established range, oscillating between just above $1920 and nearly $2960. Key levels include immediate support at $1318.72 and resistance at $3395.40, with a lower support around $280.38 and a further resistance at $4433.74. Market indicators like the Awesome Oscillator and Momentum Indicator show negative values, suggesting a bearish outlook. The Relative Strength Index at 49 indicates balance between selling and buying, but the six-month decline points to underlying pressure. Traders may consider waiting for a clear trend before committing capital, while short-term plays could be made between support and resistance levels. A range-bound trading strategy may be advantageous in this uncertain market. SOL Market Update – Testing Key Support and Resistance Levels Solana experienced a notable decline in recent months with a one-month drop of about 12% and a six-month fall of nearly 25%. The coin traded within a range of $136 to $182 while weekly losses hit around 9%. Indicators…
Filed under: News - @ June 20, 2025 7:31 pm