Maker

Render

Toncoin

<p>The post <a rel="nofollow" href="https://coinpedia.org/price-analysis/these-altcoins-struggle-to-keep-up-the-bullish-momentum-will-the-crypto-markets-trigger-a-rebound-today/">These Altcoins Struggle to Keep Up the Bullish Momentum; Will the Crypto Markets Trigger a Rebound Today?</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The crypto markets are losing momentum; the prices of popular cryptos like Bitcoin, Ethereum, etc. and the other cryptos in the top 10 have faced a significant plunge. Amid the rising bearish influence over the markets, some of the altcoins have managed to mark some gains, being the gainers for the day.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-render-rndr-price-analysis">Render (RNDR)&nbsp;Price Analysis</h2> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh5.googleusercontent.com/WxVUzLtYxx4L93Wc_7jHq0AeOX25DMWfHdAykyLIgfDb-5LbcQmBxUmM5-NVyGwnOXSxtZxj694wXBIZHfBjUlL18U0yYeGxo49FNx-lXUWZ298Vm81jsTPvPvjCUm8tyP4yxK-ADPjNuDM-IX90RGs" alt="">
 <figcaption class="wp-element-caption">
  Trading View
 </figcaption>
</figure> 
<ul> 
 <li>After the rejection from the sideways consolidation around $2.2, the <a href="https://coinpedia.org/price-prediction/render-token-rndr-price-prediction/" target="_blank" rel="noreferrer noopener">Render price</a> dropped but soon ignited a parabolic recovery</li> 
</ul> 
<ul> 
 <li>Presently, the bulls appear to have gotten exhausted as the bearish pressure is slowly intensifying</li> 
</ul> 
<ul> 
 <li>Besides, the MACD is closer to displaying a bearish crossover, which indicates the selling pressure could mount very soon</li> 
</ul> 
<ul> 
 <li>This could cause the price to undergo a minor plunge but before reaching the lower support at $1.587, a rebound could occur at $1.69 that may elevate the price close to $2&nbsp;</li> 
</ul> 
<h3 class="wp-block-heading" id="maker-mkr-price-analysis">Maker (MKR)&nbsp;Price Analysis</h3> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh4.googleusercontent.com/-bhgvEG-pI83JQwW_MX1VcxLfY8Olok8QQSIv4LtWgB2Z8bT--7F3_2yCBfckvk2t7vZQFASC0kQ1dlrgEzZw6gDwClMkSDnOB0QsW-fIWjaXyNe1TDkVc_o8AKbgzEvewku3hbZ7V7c_3VpkJSqmgY" alt="">
 <figcaption class="wp-element-caption">
  Trading View
 </figcaption>
</figure> 
<ul> 
 <li>The <a href="https://coinpedia.org/price-prediction/maker-dao-mkr-price-prediction/" target="_blank" rel="noreferrer noopener">MKR price</a> has been trading in an ascending order since the start of the year, despite a couple of hindrances that tried to keep it restricted below $1000</li> 
</ul> 
<ul> 
 <li>The token has experienced a huge influx of volume, which has kept up the volatility and hence the prevailing upward momentum could lift the price close to $2000</li> 
</ul> 
<ul> 
 <li>In the long term, the Maker price appears to be extremely bullish after rebounding from 0 FIB levels</li> 
</ul> 
<ul> 
 <li>Regardless of the short-term pullback, the MKR price is primed to maintain an elevated trend and head towards higher targets soon&nbsp;</li> 
</ul> 
<h3 class="wp-block-heading" id="toncoin-ton-price-analysis">Toncoin (TON)&nbsp;Price Analysis</h3> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh6.googleusercontent.com/7VDhXz0n5bil5z2OQOHnmEYMw7xb36o_VW7sDRPcFwIBTI16kCxdy_bLsJHuGBIIP5nHx0_-fvJV7NFuAB3WYUkBRVNiASIDe6hgyfesPgG8q87xmeaf8180by_sbVY48z5wv2r_UO48MSNde-WCQvA" alt="">
 <figcaption class="wp-element-caption">
  Trading View
 </figcaption>
</figure> 
<ul> 
 <li>The Toncoin price has been trading in an ascending parallel channel ever since the volatility rose to a large extent</li> 
</ul> 
<ul> 
 <li>The platform also experienced a rise in volume, suggesting more enhanced action could be underway</li> 
</ul> 
<ul> 
 <li>As RSI remains bearish, the price could continue to remain consolidated within a narrow region and further try to trigger a bullish rebound</li> 
</ul> 
<ul> 
 <li>With this, the TON price is believed to rise above $2 and eventually hit the interim target of $2.5 by the end of the month</li> 
</ul>

These Altcoins Struggle to Keep Up the Bullish Momentum; Will the Crypto Markets Trigger a Rebound Today?

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