Bitcoin (BTC) and altcoins are currently on the rebound after Tuesday’s dip. Render (RNDR) and Injective Protocol (INJ) are among the top altcoins that are seeing the biggest bounces.
As Fed Chair Powell’s speech draws nearer on Wednesday, Bitcoin and altcoins are starting to stage somewhat of a recovery. Both Render and Injective Protocol are top-50 altcoins as regards market capitalization rankings, but perhaps these positions (34, and 43 respectively) bely their potential and strong use cases.
Whether these bounces are sustained may depend on what is said by Powell in his speech today. But in general, after Tuesday’s dip, a lot of the altcoins were pretty much primed for this bounce, and Render and Injective Protocol look to be among the strongest bets.
$RNDR breakout soon to take place
Source: TradingView
In the very short time frame of the hourly, $RNDR has failed to break through the down-sloping trend line. However, if the price can hold above $8.60, this is q
We współpracy z: https://cryptodaily.co.uk/2024/06/render-rndr-and-injective-protocol-inj-among-the-altcoins-bouncing-highest
