Price Analysis View Non-AMP

Altcoins Show Strength While Bitcoin Stuck Within A Range: WLD, NEAR & RNDR Price Close to Triggering a Fresh Upswing

Published by
Sahana Vibhute

The cryptocurrency markets are flipping now and then as bulls and bears show equal strength at regular intervals. Mainly because the Bitcoin price remains stuck within a range after a brief upswing, allowing the altcoins to swell a bit. Therefore, some of them, like Worldcoin (WLD), Near Protocol (NEAR), & Render Protocol (RNDR), are believed to maintain a strong ascending trend. 

Worldcoin (WLD) Price Analysis

  • Worldcoin price has reached the last phase of run within the decisive symmetrical triangle as it tests the upper resistance of the triangle, which may invite a certain bearish action
  • The buying pressure has dropped to some extent, which may assist the bears in extracting some profit
  • The price may drop slightly but the triangle support at $4.7 may offer a base to trigger a healthy rebound, placing the price at the apex of the consolidation
  • Therefore, the WLD price, which is stuck between the 100-D & 200-D MA levels, may pierce above the upper resistance and enter the crucial resistance zone above $8.5

Near Protocol (NEAR) Price Analysis

  • The NEAR price continues to trade within an ascending triangle, while the apex is a little distinct from the current levels
  • Hence, the price is believed to display significant volatility, hitting the upper resistance and the lower support until it reaches the edge
  • Besides, the MACD shows growing buying pressure as the levels have just made it into the positive range, indicating a fresh upswing could be fast approaching
  • After a brief fluctuation, the price is believed to break above the consolidation and reach the upper resistance at $10, while the levels at $8.9 may cause some hindrance but if bulls display strength, then a bullish breakout could be imminent.

Render Protocol (RNDR) Price Analysis

  • The RNDR price has been maintaining a steep ascending trend for over a year, aiming to form new highs
  • The RSI is incremental and is approaching the upper threshold. A small, minor bullish push may elevate the price beyond $15
  • However, the volume has dropped consistently but remains under bullish influence, indicating the presence of bullish momentum
  • Therefore, the price may maintain a healthy upswing within the rising wedge and form a new ATH before the end of the week

Also Check Out : These Altcoins Are Set To Outperform The Crypto Market In May!

Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

Recent Posts

Holo Price Prediction for 2025-2030: When Will $HOT Reach $1?

Story Highlights The price of Holo (HOT) today is $0.0009571 HOT price may reach a…

April 20, 2025

What Happened In Crypto This Week?

 The cryptocurrency market experienced a whirlwind of developments this week. From Bitcoin price volatility and…

April 20, 2025

Firing Powell Could Set Dangerous Precedent and Hurt Crypto, Warns Pompliano

Crypto investor Anthony Pompliano recently criticized President Trump's recent threat to fire Fed Chair Jerome…

April 19, 2025

XRP Price Prediction 2025

XRP is currently trading near $2 after bouncing back from $1.61, with many traders viewing…

April 19, 2025

XRP News: ETF Approval Could Suck Up Supply Like a “Vacuum” & Pump Price Higher

A popular crypto analyst from the Good Morning Crypto podcast has made a strong prediction…

April 19, 2025

The SEC Rate Cuts Could be on the Horizon- Will XRP Price Explode by 45% This Month?

The XRP price has been displaying magnificent strength as the levels have been held above…

April 19, 2025