Top 10 blockchains by average daily active users in 7 days �

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🐋 Render Price Slips As Whale Offloads $3M RNDR, What’s Next? The price of Render (RNDR) dropped by more than 4% today as a major investor, or “whale,” sold off a significant portion of their holdings. Despite this profit-taking move, which followed notable gains for RNDR in recent weeks, some market analysts remain optimistic about the token’s future. So, let’s take a quick tour of the recent transactions and see how the recent events may trigger a price rally of the cryptos. 🔸 Whale Sells $3M RNDR, Market Reacts A major RNDR holder reduced their position significantly, sparking a decline in the token’s price. According to The Data Nerd, within 24 hours, the Render whale known as 0x1Cb deposited 265,000 RNDR, worth about $2.78 million, to the major crypto exchange, Binance. Notably, the report showed that this whale had initially bought 365,000 RNDR at an average price of $9.20 and still retains 100,000 RNDR, worth approximately $1.1 million. Meanwhile, over the past week, other large holders of RNDR have also capitalized on the crypto’s price rebound. Last week, a report from Spot On Chain showed that six whales collectively deposited 7.16 million RNDR tokens, valued at around $77.9 million, onto exchanges like Coinbase and Binance. This move allowed them to secure around $61 million in profits. The profit-taking strategy employed by these investors highlights their response to recent price surges. However, despite the selling pressure from these whales, not all investors are bearish. Some see the potential for future gains, particularly with upcoming events in the technology sector that could influence AI-related tokens like RNDR. 🔸 Bullish Momentum Ahead? Looking ahead, many investors are keeping an eye on NVIDIA’s earnings report, scheduled for Wednesday, May 22. Notably, analysts expect strong results due to growing demand for AI chips and technology services. Positive developments in the technology, especially artificial intelligence (AI) space, often spark rallies in AI-related cryptocurrencies, which could boost RNDR’s price. $RNDR #RNDR

Coin : PEPE / USDT - SHORT SIGNAL 📉 Time Interval: 1h 📉 Price : $0.000000924 ------------- Based on the indicators provided, I would recommend selling the PEPEUSDT coin in the 1-hour timeframe. The price is currently below the SMAs and EMAs, while the momentum indicator is negative, signaling a potential downward trend. 🟢 Take Profit: $0.0000090 🔴 Stop Loss: $0.0000095 $PEPE #pepe #signaladvisor

🐸 Pepe (PEPE) Leads the Meme Coin Market Pepe (PEPE), an Ethereum-based cryptocurrency, has garnered significant attention with a current market cap of $4.17 billion, placing it 25th in market rankings. Trading at $0.0000099211, PEPE has surged 516% over the past year, making it the top meme coin on CoinMarketCap. In the past week alone, PEPE has seen a notable 17% rise, reinforcing its position as a key player in the altcoin market. The last month has witnessed an impressive 100% increase in PEPE’s price, marking it as a prime altcoin investment. This bullish breakout positions PEPE as a strong candidate for investors aiming to benefit from the altcoin season in the 2024 bull run. This growth trend has also positively influenced other meme coins such as BONK, WIF, FLOKI, DOGE, and SHIB, reflecting a broader impact on the meme coin segment. $PEPE #PEPE

⚡️ Top Altcoins to Buy Before the $Bull Market Introduction: As the next bull market approaches, now is the time to invest in altcoins with high growth potential. Here are the top altcoins to buy before the next bull market. 🔺 XRP: Ripple (XRP) continues to show strong potential with its focus on revolutionizing cross-border payments. Its legal victories and partnerships add to its investment appeal. 🔺 ADA: Cardano (ADA) remains a solid investment with its focus on sustainability and scalability. Its robust development team and clear roadmap make it a strong contender. ⚠️ Conclusion: While Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto landscape Ripple (XRP), and Cardano (ADA) offer unique opportunities for high returns.

📊 Cardano’s Price Fluctuates Around $0.49 The price of Cardano (ADA) is rising after breaking above the 21-day SMA or resistance at $0.45. 🔸 Long-term forecast for the Cardano price: bearish The altcoin is approaching the top of the 50-day SMA or resistance at $0.50. On the upside, Cardano will resume its uptrend if the current bullish momentum breaks above the 50-day SMA. The altcoin will reach highs of $0.62 and $0.68. However, if it is rejected at the 50-day SMA, Cardano would be caught between the moving average lines. The altcoin will start to fluctuate between the moving average lines. In other words, the ADA price will fluctuate between $0.45 and $0.50. The current exchange rate between ADA and USD is $0.47. 🔸 Analysis of the Cardano indicator Cardano's price bars have risen above the 21-day SMA but remain below the 50-day SMA. If the price of Cardano rises above the 50-day SMA, the negative trend will be stopped. The 21-day SMA had capped the previous uptrend but has now been breached. The buyers still have to overcome a barrier at the 50-day SMA before they can resume the uptrend. 🔸 What is the next move for Cardano? Cardano is bouncing as it approaches resistance at $0.50. On the 4-hour chart, the ADA price is stuck at $0.49. It is currently trading below its recent high, the cryptocurrency has tested the resistance level twice. This means that Cardano will fluctuate for a few days. $ADA #ADA #Cardano

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