Render

Satoshi

Artificial Superintelligence Alliance

Coin

<p>The prices of Fetch.ai (FET) and Render (RNDR) have experienced declines lately, reflecting broader market turbulence. </p> 
<p>At press time, Fetch.ai (FET) is <a href="https://www.coingecko.com/en/coins/fetch-ai" target="_blank" rel="nofollow">priced at $1.31</a>, marking a 9.41% decrease in the past day and a 22.68% decline over the past week. Similarly, Render’s (RNDR) <a href="https://www.coingecko.com/en/coins/render" target="_blank" rel="nofollow">price is at $7.81</a>, showing a 3.27% drop in the same period.</p> 
<h2 class="wp-block-heading" id="strong-why-fetch-ai-fet-is-down-strong"><strong>Why Fetch.ai (FET) is Down</strong></h2> 
<p>Fetch.ai (FET) has faced notable scrutiny and confusion, especially after Binance’s recent announcements. Crypto analyst Posty <a href="https://x.com/PostyXBT/status/1802668996635881789" target="_blank" rel="nofollow">highlighted</a> this sentiment, stating, <em>“They couldn’t shake people out of $FET, so they labelled it as a delisting rather than a rename to $ASI. Binance just helped form a -18% daily candle.”</em></p> 
<p>Consequently, this confusion has led some investors, like Posty, to consider buying the dip despite the ongoing market uncertainty.</p> 
<p>Additionally, Pierre <a href="https://x.com/pierre_crypt0/status/1802702425192587585" target="_blank" rel="nofollow">provided technical insights</a>, noting that FET’s daily 100 moving average was lost, and its trend flipped to resistance. He detailed the potential outcomes for FET, indicating that holding around $1.15 could lead to a bounce back to $1.5-$1.6. However, losing this support might necessitate finding new levels for potential gap fills.</p> 
<figure class="wp-block-image is-resized">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeN3P1R0AJx3FK-qLrXP55I_lh-iRb6dJ_D92XrXAmYSzFQExnbaHjhmWvy7HuH7_j-ICTD-H4TxeQ-GDKo8A_rhID6mbSs2J81XClfnf12LukyUVhDzseDSvU4joU8QXYce47XJ19MrVbOPCGE5Y-xDvY?key=p_SIZPbxAQbiBI97ewf5jg" alt="" style="width: 100%;height:auto">
</figure> 
<p>Crypto analyst Dona.inj <a href="https://x.com/CryptoDona7/status/1802662969152569614" target="_blank" rel="nofollow">highlighted concerns about market manipulation</a>, expressing frustration over recent events. Whales couldn’t force investors to sell at the bottom, so they used a delist announcement. FET is not being delisted; it will be replaced with ASI.&nbsp;</p> 
<p>Consequently, he criticized <a href="https://captainaltcoin.com/binance-exchange-review/" target="_blank">Binance</a> for creating the unnecessary FUD. This sentiment resonates with many, reflecting broader concerns about transparency and manipulation in the crypto markets.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">ongoing low presale price</a></strong> to get in early!</p> 
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/buying-kaspa-kas-now-is-like-buying-bitcoin-in-2015-says-crypto-youtuber-heres-why/" target="_blank"><strong><em>Buying Kaspa (KAS) Now Is Like Buying Bitcoin in 2015 Says Crypto YouTuber – Here’s Why</em></strong></a></p> 
<h2 class="wp-block-heading" id="strong-render-rndr-price-analysis-and-predictions-strong"><strong>Render (RNDR) Price Analysis and Predictions&nbsp;</strong></h2> 
<p>Render (RNDR) has also seen a price decline, with current market trends suggesting further volatility. King Crypto <a href="https://x.com/__kingcrypto__/status/1802644950636511402" target="_blank" rel="nofollow">shared his strategy</a>, explaining his decision to place a spot order for Render at $7.5. He noted the importance of the current MACD line structure and the potential for a secondary dip toward key support at $7.3 before a bullish reversal.</p> 
<p>Meanwhile, iGREY <a href="https://x.com/IGreycrypto/status/1802655303583863112" target="_blank" rel="nofollow">analyzed RNDR’s price movements</a> within the context of Elliott Wave Theory. He described the recent patterns as part of a typical Wave 4 pullback, characterized by choppy movements and investor fatigue.&nbsp;</p> 
<figure class="wp-block-image is-resized">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdGHMMa-ws3gtImPBIGtWOnHLQ9i9KsydmbaJvAJf0NWxtHbMTxblbojvzT6VCdiDrkdzE6AKqBGgRolK3xYTdVR4uHsYQ6EYpvr-fh7aKibktTDqsTLHvHFP0G6Et2IQEJ2jwbklYEaRgDnHCqA3dBbHk?key=p_SIZPbxAQbiBI97ewf5jg" alt="" style="width: 100%;height:auto">
</figure> 
<p>According to iGREY, the current leg down suggests an ABC correction, with further movements dependent on where the current leg ends.</p> 
<p><em><strong>Join&nbsp;<a href="https://captainaltcoin.com/go/aethir/" target="_blank" rel="noreferrer noopener">Aethir’s exclusive airdrop</a>&nbsp;and earn badges by participating in events or holding community tokens. Complete tasks and secure your spot before the snapshot date is revealed!</strong></em></p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-recq-meme-coin-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check $RECQ Meme Coin</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy RECQ Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/why-is-fetch-ai-fet-and-render-rndr-ai-cryptos-prices-plunging/">Why Are Fetch.ai (FET) and Render (RNDR) AI Cryptos Prices Plunging?</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Why Are Fetch.ai (FET) and Render (RNDR) AI Cryptos Prices Plunging?

Table of Contents

CaptainAltcoin

Other articles published on Jun 17, 2024

AI, DePIN & Onchain Gaming Conference Serverless BXL Confirmed for Brussels July 7 During EthCC (...

South Korea to reconsider hundreds of crypto listings under new law: report

Qubetics Whitelist Opens: A Beacon of Hope for Tron and Solana Investors?

Eid Al-Adha

VeChain Nears Critical Breakout Point Amid Falling Wedge Pattern

MoonBag Crypto: Your Gateway to Financial Freedom, Leaving BONK and Floki Inu Behind

Join our free newsletter for daily crypto updates!