Altcoin Alert: RUNE, RNDR, and ADA poised for a market rebound amid Bitcoin’s RSI prediction

Dallas, Texas – The recent downturn in the cryptocurrency market, particularly affecting altcoins like THORChain [RUNE], Render Token [RNDR], and Cardano [ADA], has investors cautious. After reaching a peak market capitalization of $1.28 trillion in March, the market cap has now fallen below the $1 trillion mark, signaling a bearish phase. Despite the market lows, there are indications of potential rebounds for select altcoins, as pointed out by key technical analysis from notable crypto analysts. …

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Altcoin Season Index at 35: Ethereum and Other Tokens Struggle to Break Out – Will ETH’s Network Growth Save the Day?

Miami, Florida – The cryptocurrency market buzzes with anticipation as investors eagerly await the much-discussed “altcoin season.” The Altcoin Season Index currently sits at 35, indicating that many tokens are still struggling to break out of their slump. However, obstacles such as the declining growth and volume of Ethereum (ETH) could impede any potential upswing in the market. To kickstart an altcoin season, cryptocurrencies other than Bitcoin (BTC) need to outperform the leading digital asset. …

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