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A closely followed crypto strategist believes that rallies are in store for one artificial intelligence-focused altcoin. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that he’s accumulating Artificial Superintelligence Alliance (FET). The trader shares a chart suggesting that FET could carve a bottom at around $1.10 before breaking out to $1.70. “FET: underwater on these first entries; going to cut it if it loses the 200 exponential moving average on the four hour. Have more entries lower and will wait. Still think the chart looks decent on lower time frames but I also recognize we’re in a bullish trend on the one day. Lose $1.10 and I’m out.” Source: Altcoin Sherpa/X At time of writing, FET is trading for $1.12, down over 9% on the day. Turning to memecoin dogwifhat (WIF), the analyst thinks the Solana (SOL)-based altcoin will continue to trade in a wide range for now. “WIF s...

Render (RNDR) has been consistently registering notable gains with small losses over the past 60 days while the market has been affected by different factors. RNDR is up by 3.65% in the past 24 hours and is trading at $1.79 at the time of writing. The asset’s market capitalization rose to roughly $665 million while its 24-hour trading volume has plunged by 9.5%, declining to $36.8 million.  RNDR price, whale activity and social activity – Oct. 11 | Source: Santiment Render’s surge came while the market wide bullish momentum has been fading away. One of the most important bearish factors is the Israel-Palestine war.  You might also like: Crypto might fluctuate due to Israel-Palestine war, analyst says According to data provided by the market intelligence platform Santiment, RNDR’s social volume surged by around 50% over the past day. The hike comes while the asset’s social activity registered a 45% decline on Oct. 9. On the other hand, per Santiment, the...