The cryptocurrency market has recently undergone a notable shift, with many altcoins surpassing Bitcoin (BTC). However, not all trending altcoins listed by CoinGecko showed significant gains today.
Render (RENDER), Bertram The Pomerania (BERT), and Hyperliquid (HYPE) are among the top altcoins currently attracting attention.
Render (RENDER)
Render is one of the trending altcoins today, thanks to the fascinating story surrounding AI-themed cryptocurrencies. Over the past 30 days, RENDER price has increased by 77.59% but has decreased by 5.70% in the past 24 hours.
This price drop may be due to some investors taking slight profits, with the price currently trading at 8.30 USD. From a technical perspective, the Relative Strength Index (RSI) has declined, suggesting that momentum is no longer strong.
If this is the case, RENDER price could drop to $7.24. However, if buying pressure increases again, this may not happen. If that happens, the altcoin could rebound to $9.14.
Bertram The Pomerania (BERT)
Bertram The Pomerania (BERT), a Meme Coin based on Solana, is among the top trending altcoins today, thanks to growing interest from the market. Inspired by the famous Instagram dog of the same name, BERT has attracted attention beyond its origins.
Additionally, Binance CEO Changpeng Zhao (CZ). interact with several posts about the coin on X (formerly Twitter), sparking speculation about a possible Binance listing. This possibility has increased investor interest.
As of press time, BERT trades at $0.0078, representing a 2,140% increase over the past 30 days. However, the value of Meme Coin has decreased by 27.44% in the past 24 hours, indicating that buying pressure has decreased.
On the 4-hour chart, BERT has fallen below the 20-period Exponential Moving Average (EMA). The image below also shows this altcoin on a bearish threshold below the 50 EMA (gold).
If confirmed, the price of Meme Coin could drop to 0.056 USD. Conversely, if the price crosses the EMA, this trend could change, and BERT could rise to $0.13.
Hyperliquid (HYPE)
Last week, Hyperliquid appeared on the list of top trending altcoins twice, showing strong market interest in the cryptocurrency. While it is also trending today, data shows that HYPE price has increased.
Currently, HYPE price is 8.52 USD, down 11.82% in the last 24 hours. However, this altcoin is not yet listed on any major exchanges, suggesting it is still in the price discovery phase.
If an exchange lists it, the volume around HYPE could increase, which in turn could lift the price of altcoins.
However, as the price has increased significantly in the past few days, it is possible that profits will be locked in. If that happens, the price could drop below $7.