Cryptocurrencies Price Prediction: Crypto, Render & Altcoins – European Wrap 3 June
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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin’s momentum poise to propel crypto market
Bitcoin (BTC) price consolidates in a symmetrical triangle pattern, showing directional bias. Ripple (XRP) also follows BTC’s footsteps as it continues on its 50-day consolidation streak. Ethereum (ETH) price, on the other hand, shows signs of an incoming correction.
Render price could rally 20%, supported by Nvidia stock split
Render’s (RNDR) price could increase by around 20% propelled by the upcoming Nvidia (NVDA) stock split, according to technical and on-chain indicators. The AI-based altcoin is likely to face an initial pullback after struggling multiple times with daily resistance at $11.23 but falling to a key support area, the push from the AI narrative and bullish signs from large-wallet investors make it likely for RNDR to recover in the medium term.
Week Ahead: Altcoins likely to bounce due to short-term bullish wave
Last week was a bummer with Bitcoin (BTC) price consolidation, and altcoins movements showed confusion in their directional bias. Some altcoins saw bullish, impulsive moves, but most trended sideways or slid lower.
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