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Showing posts with the label bullish signal

Bitcoin Hidden Bullish Signal: Analyst Predicts Breakout After Holding Key Level

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‘Nvidia of crypto’ shows ‘fantastic’ signal as whales make bullish move

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Although its recent price performance was lackluster, Render (RENDER), a decentralized graphics processing unit (GPU) platform and cryptocurrency dubbed the ‘Nvidia of crypto’ due to the similarities with blue-chip behemoth Nvidia (NASDAQ: NVDA), seems to have sparked whale confidence. As it happens, Render is among several altcoins that recently saw plenty of price anomalies after specific transfers by the market’s largest traders, according to the data shared by Santiment , a crypto market intelligence platform tracking blockchain and social metrics, in an X post on September 17. Specifically, Render, alongside several other altcoins, including Injective (INJ) and Polygon (MATIC), witnessed these anomalies after whale exchange wallet supply suddenly shifted to whale cold wallet supply, and Santiment analysts said these “anomalies are fantastic as both short & long term signals.” Picks for you ...