The post Top Altcoins to Buy as Billions Flow into Bitcoin ETFs; Render, BONK, DTX Exchange Under Watch appeared on BitcoinEthereumNews.com.

Many altcoins are gaining traction amidst the influx of billions into Bitcoin ETFs. Render (RNDR), Bonk (BONK), and DTX Exchange (DTX) are among the top altcoins that are drawing attention from investors. With the recent market corrections and heightened volatility, these altcoins present unique opportunities and risks at the same time. Render (RNDR) Prepares For A 50% Rally Render (RNDR) has been facing a turbulent market, with its price action reflecting a mix of bullish sentiment and bearish pressure. Over the past 24 hours, the cryptocurrency market has experienced a correction of over 1%, impacting Render (RNDR) and other digital assets.  Despite this, Render (RNDR) shows signs of a potential bullish reversal, making it a good opportunity for investors. The Render (RNDR) price has been unable to break through the resistance trendline of its triangle pattern, signalling a strong bearish sentiment. This AI-focused token has lost 6.17% in value within the past day, with a trading volume of $179.406 million. Currently priced at $6.44, Render (RNDR) boasts a Year-to-Date (YTD) return of +36.44% and holds the 37th position in the global crypto rankings with a market capitalization of $2.515 billion. The RSI’s failure to surpass the mid-point suggests a potential bearish convergence, while the MACD indicator’s declining green histogram indicates rising selling pressure. Bonk (BONK) Investors Move Toward DTX For Higher Gains Bonk (BONK) has been making headlines with its recent performance, showing resistance amidst market fluctuations. Priced at $0.000027, BONK has seen a 4.81% price surge over the past seven days, reflecting growing investor interest. With a market capitalization of $1.87 billion and a 24-hour trading volume of $248.45 million, BONK is gaining traction despite a 41.41% dip. The MACD level for BONK stands at -0.00000060, and its RSI is at 56.08, indicating a relatively stable market sentiment. BONK’s…

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Filed under: News - @ July 20, 2024 8:16 am