Internet Computer

Mantle

Rise

Storj

Artificial Superintelligence Alliance

<p>The post <a href="https://coinpedia.org/price-analysis/altcoins-to-look-out-in-february-2024-storj-rndr-icp-fet-price-to-rise-high/">Altcoins to Look Out in February 2024: STORJ, RNDR, ICP, &amp; FET Price to Rise High</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>At the beginning of 2024, the crypto markets witnessed the emergence of new tokens like Sui, Akash Network, and Mantle Network, and some of them gained significant strength like Celestia, Bonk, Pyth Network, etc., and many more. With the monthly close on the horizon, here is the list of altcoins that can be considered for February 2024.</p> 
<h2 class="wp-block-heading" id="h-storj-storj">Storj (STORJ)&nbsp;</h2> 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="500" src="https://image.coinpedia.org/wp-content/uploads/2024/01/30193539/image-175-1024x500.png" alt="" class="wp-image-265580" srcset="https://image.coinpedia.org/wp-content/uploads/2024/01/30193539/image-175-1024x500.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/01/30193539/image-175-300x147.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/01/30193539/image-175-768x375.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/01/30193539/image-175-1536x750.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/01/30193539/image-175-2048x1000.png 2048w, https://image.coinpedia.org/wp-content/uploads/2024/01/30193539/image-175-150x73.png 150w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<ul> 
 <li>Storj price broke above the extended descending consolidation that it began at the beginning of 2022</li> 
</ul> 
<ul> 
 <li>With this, the technicals have turned in favour of bulls, with the buying pressure mounting over the crypto&nbsp;</li> 
</ul> 
<ul> 
 <li>Once the price secures levels above the immediate resistance, the possibility of rising towards the higher target at $1.2 emerges</li> 
</ul> 
<h3 class="wp-block-heading" id="h-render-token-rndr-nbsp">Render Token (RNDR)&nbsp;</h3> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/X7TiNBK7OYraAmPwwoVavSqEIo_hnoCEJ9nQlqgBRwa-CkuA2l3vEijf6fMPAfrIg-2ld1nUHEE9YKLINsW9XWY-WU5u6mcgNl_PFeLXjm5u3xozIu3IrjLQvB2l6WUOXM11UxTqkpHQAdCKrNaB2T0" alt="">
</figure> 
<ul> 
 <li>The RNDR price has been trading in an ascending trend for over a year and hence is believed to maintain a similar trend ahead</li> 
</ul> 
<ul> 
 <li>The volume also has surged to a large extent, with the buying pressure continuing to coil up, which may offer a strong base to maintain a healthy upswing</li> 
</ul> 
<ul> 
 <li>However, the weekly MACD is closer to undergoing a bearish crossover, which may hinder the progress of the rally. But the bulls being dominant at the moment may reverse the trend in no time.&nbsp;</li> 
</ul> 
<h3 class="wp-block-heading" id="h-internet-computer-icp-nbsp">Internet Computer (ICP)&nbsp;</h3> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/RgvgSKyXhMx6WaoSiXL7q6DHfzpGUQi2939SKEiGyGgI9BHKJis9d4MHgWith5pKI8N6QUJUk8aSZfFA0VKzuFhLB0clSURBmOrl3ESvBtdTlNr15_Ygvh4u6nz8zvZZc5-K_5c7W-IZLQRoQasemQc" alt="">
</figure> 
<ul> 
 <li>The recent upswing has lifted the price above the prolonged consolation and enabled a trade within a symmetric triangle</li> 
</ul> 
<ul> 
 <li>Regardless of the rejection from the upper resistance, the rally appears to remain under bullish influence as the MACD is about to display a bullish crossover</li> 
</ul> 
<ul> 
 <li>Therefore, the drop in volume may hinder the progress of the rally for a while, which may be followed by a bullish breakout beyond the 2024 highs</li> 
</ul> 
<h3 class="wp-block-heading" id="h-fetch-ai-fet">Fetch.ai (FET)</h3> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/O1zABIzv3niblby5kNPzHeUToU8hqqrTdgI0nPhAp50EuhJbIajEJelMAMOcIFJeukus7CWXwwh-hl3s6fbw4Rq6rIcWLzSxGQzUzpvPIM5-c8s-jeMbIJDFqaGwLIXhTlRbq05Z_nixozSZrMXaltI" alt="">
</figure> 
<ul> 
 <li>The FET price is trading within an expanding megaphone but the trend is stuck along the lower support as the bulls are failing to gain momentum with a lowered RSI</li> 
</ul> 
<ul> 
 <li>An extended compression usually triggers a breakout, as it did back in November. With this, the price is believed to initiate a fresh upswing towards $0.9 and eventually hit $1</li> 
</ul> 
<ul> 
 <li>As the RSI is maintaining a steep descending trend, a breach beyond the upper&nbsp;resistance is mandatory to set up a fine upswing, which may be expected in the coming days</li> 
</ul>

Altcoins to Look Out in February 2024: STORJ, RNDR, ICP, & FET Price to Rise High

Table of Contents

CoinPedia News

Other articles published on Jan 30, 2024

Why DeeStream (DST) Is Predicted To Be The Best Investment of 2024 Over Cardano (ADA) and Litecoi...

Bitcoin Projected to Surge to $170,000 Post-Halving: Anthony Scaramucci

What is Trust Wallet Token?

Top 5 Simple Crypto Apps For Beginners

Why Experts Tip Ethereum Classic and Pushd Presale for Investment Over Cardano

Embracing Digital Currency: Dallas Mavericks Persist with Dogecoin Payments

Join our free newsletter for daily crypto updates!