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    Home - News - RWA, AI Coins, or Memecoins: Which Crypto Trend Will Rule in August and September?
    News

    RWA, AI Coins, or Memecoins: Which Crypto Trend Will Rule in August and September?

    Sandeep JadhavBy Sandeep JadhavJuly 30, 20245 Mins Read
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    RWA, AI Coins, or Memecoins Which Crypto Trend Will Rule in August and September
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    August and September promise excitement in the crypto world. Investors and enthusiasts are watching closely, wondering which trend will dominate. From real-world asset tokens and AI-driven coins to the ever-popular memecoins, the market is buzzing with possibilities. This article delves into the potential leaders set to rise in the coming months.

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    Render (RENDER) Battles Bears as Price Struggles Below Key Resistance

    Render (RENDER) is navigating a tricky phase, hovering between $5.94 and $6.81. Bears seem stronger right now, with the price change dipping around 9.72% over the past week, month, and six months. Bulls are weak as RENDER fights to break the nearest resistance at $7.35. The RSI stands at around 43, signalling caution among traders. If RENDER can push past $8.22, a potential rise of over 30% could be possible from its lower range. However, falling below the $5.62 support could see further decline. The next weeks will be critical for its direction.

    Injective (INJ) Wrestling Between Bulls and Bears: What’s Next?

    Injective (INJ) is currently trading between $22.21 and $26.88, showing a mixed picture for investors. With the price a little below its 10-day and 100-day simple moving averages of $24.38 and $25.08, respectively, the market is facing uncertainty. The RSI stands close to a neutral 47.67, signaling neither buyer nor seller dominance. To gain momentum, INJ must surpass the nearest resistance at $29.55, potentially climbing 12% from the upper range. If the bears gain control, it could drop to the nearest support at $20.19, which would be a decline of roughly 10%. The next significant moves could shape its long-term potential.

    NEAR Protocol Fights to Break Through Resistance Amid Mixed Signals

    NEAR Protocol’s price is hovering between $4.91 and $6.23, showing mixed signals from both bulls and bears. The 10-day moving average of $5.31 is below the 100-day average of $5.58, suggesting some bearish pressure. However, the six-month price increase of roughly 87% indicates potential for growth. The nearest resistance level is at $7.00, with another barrier at $8.33. On the downside, $4.36 serves as immediate support, followed by $3.04. If NEAR can break through $7.00, it could see a rise of about 30% from its current range, but the low RSI of 39.27 suggests caution for now.

    Dogwifhat (WIF) Shows Weak Bullish Potential Amid Price Fluctuations

    Dogwifhat (WIF) is currently trading between $2.19 and $2.76. The price has been fluctuating, and the bulls seem weak as the Relative Strength Index (RSI) reads 43.60. Bears have driven the price down by almost 14% over the past week. However, there is hope for growth, as the coin saw a 13% increase over the last month and an impressive 83% rise over six months. Key resistance levels to watch are $3.12 and $3.69, while support remains around $1.97 and $1.40. If bulls regain strength, WIF could potentially rise over 20% to hit the first resistance level and beyond.

    Pepe (PEPE) Struggles to Break Resistance as Bulls Remain Weak

    Pepe (PEPE) is trading between $0.000012 and $0.000013, facing a tough resistance at $0.000014. With a support level at $0.000009, the coin shows mixed signals. Its Relative Strength Index (RSI) stands at 42.31, indicating it’s neither overbought nor oversold. The Stochastic level is at 41.33, suggesting limited momentum. Over the past week, PEPE dropped by 1.10%, though it gained almost 4% in the last month. Despite a massive 1186.65% rise over six months, current indicators suggest that bulls are losing steam. If it breaks the nearest resistance, PEPE could aim for $0.000017, which would be a 30% rise from its lower range.

    Conclusion

    Render, INJ, NEAR, PEPE, and WIF may have less potential in the short-term. Meanwhile, CYBRO, a technologically advanced DeFi platform, provides investors with unique opportunities. It uses AI to boost earnings on the Blast blockchain. Features include high staking rewards, special airdrops, and cashback on buys.

    CYBRO also ensures easy deposits and withdrawals. With a focus on transparency, compliance, and quality, it has gained strong interest from major crypto players and influencers. CYBRO demonstrates promise as a standout project in the current market.

    Site: https://cybro.io

    Twitter: https://twitter.com/Cybro_io

    Discord: https://discord.gg/xFMGDQPhrB

    Telegram: https://t.me/cybro_io

    Also Read: Ethereum’s Gas Fees Drop Dramatically, Triggering a Crypto Surge – Altcoin Season is Finally Here

    Disclaimer and Risk Warning

    This article is a sponsored press release meant solely for informational purposes. OvenAdd neither endorses nor takes responsibility for the content, quality, products, advertising, or accuracy of any materials within this article. The views expressed do not represent those of OvenAdd and should not be considered legal, tax, investment, or financial advice. Readers are advised to conduct their own research before making any significant decisions.

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    Sandeep Jadhav
    • X (Twitter)

    Sandeep got into crypto in 2018 by trading and investing. He began writing about cryptocurrency and blockchain technology in 2020 and now serves as OvenAdd Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things cryptocurrency, blockchain, and NFTs.

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