The post Top Altcoins To Watch Next Week: Render (RNDR), Dogecoin (DOGE), Solana (SOL) Eye Renewed Gains appeared first on Coinpedia Fintech News
Over the past week, the market experienced volatility. Liquidations around key resistance and support levels caused this not only to Bitcoin but also across the altcoin market. This volatility led to a situation where the resistance levels became a point of a notable pullback, pushing the leading altcoins into a downturn. However, altcoins such as Render, Dogecoin, and Solana prices showed promising sentiment. Analysis suggests that these coins could potentially see renewed gains in the coming week.
Market Remains In A Stable Region
Several spot Bitcoin ETF submissions, along with recent applications by BlackRock and Fidelity for a spot Ethereum ETF, have maintained market stability due to the possibility of their approval.
Every time Bitcoin’s price struggles to rise above $38,000, there’s a noticeable increase in altcoin activity. Notably, the altcoin season index has recently experienced a significant rise, with its metric climbing from a low of 27 to 49. This indicates a growing market preference for altcoins over the past week.
Render (RNDR) Price Analysis
After 1.5 years, the price of RNDR broke…