Best Crypto to Buy Now 12 April
Get ready to embark on an exhilarating journey through the world of cryptocurrencies as we unveil the best altcoins for April: SOL, RNDR, FTM, and the highly anticipated SWDTKN presale.
These digital assets are making waves in the market, backed by innovative projects and ground-breaking potential.
Unearth the treasures of these promising altcoins and explore the opportunities they present for investors eager to ride the next wave of crypto success.
Solana is a high-speed layer-1 blockchain designed to facilitate smart contracts and decentralized applications (DApps).
With the upcoming launch of Saga, an Android smartphone powered by the Solana blockchain, excitement around Solana is mounting.
The Saga smartphone, expected to cost users $1,000, will enable users to mint their own NFTs from anywhere, granting access to the wider Solana-based ecosystem of apps and projects.
Solana's price has been on the rise this month, with a 9% gain in April so far.
The recent push up saw SOL reclaim its position above converging 20-day and 200-day moving averages.
However, with an RSI of 64, the currency may need to cool off and consolidate its gains.
Despite this, the MACD signals a bullish tune at 0.28, reflecting SOL's reclaimed position above the moving averages.
Keep an eye on the upside target of $32, a possible 36% increase, while being mindful of the potential downside risk to $12, a 48% decrease.
The current risk-reward ratio stands at 0.74, suggesting a potential need for better entry points following consolidation.
Render is the utility token of The Render Network, a provider of decentralized GPU-based rendering solutions.
As the AI narrative takes hold again, a lack of specialized computers for AI developers has attracted attention to
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