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Cryptocurrencies Price Prediction: Crypto, Render & Altcoins – European Wrap 3 June

Cryptocurrencies Price Prediction: Crypto, Render & Altcoins – European Wrap 3 June
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin’s momentum poise to propel crypto market

Bitcoin (BTC) price consolidates in a symmetrical triangle pattern, showing directional bias. Ripple (XRP) also follows BTC’s footsteps as it continues on its 50-day consolidation streak. Ethereum (ETH) price, on the other hand, shows signs of an incoming correction.

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Render price could rally 20%, supported by Nvidia stock split

Render’s (RNDR) price could increase by around 20% propelled by the upcoming Nvidia (NVDA) stock split, according to technical and on-chain indicators. The AI-based altcoin is likely to face an initial pullback after struggling multiple times with daily resistance at $11.23 but falling to a key support area, the push from the AI narrative and bullish signs from large-wallet investors make it likely for RNDR to recover in the medium term.

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Week Ahead: Altcoins likely to bounce due to short-term bullish wave

Last week was a bummer with Bitcoin (BTC) price consolidation, and altcoins movements showed confusion in their directional bias. Some altcoins saw bullish, impulsive moves, but most trended sideways or slid lower. 

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