A well-known crypto trader, Altcoin Sherpa, believes altcoins are preparing for significant rallies after a recent market pullback.
Render (RNDR)
Sherpa highlights Render (RNDR), a GPU-related project, as a prime candidate for a breakout. He notes that RNDR is consolidating in a bullish pattern, similar to many other altcoins.
Solana (SOL)
Sherpa predicts that Ethereum competitor Solana (SOL) may dip before rallying. He suggests dollar-cost averaging into SOL between current levels and $140.
RSS3
Sherpa is also bullish on RSS3, a decentralized information processing protocol. He believes RSS3 is consolidating and poised for a breakout.
Vanar Chain (VANRY)
Finally, Sherpa identifies Vanar Chain (VANRY) as a potential breakout candidate. He notes that VANRY is consolidating in a favorable range and could surge in the coming weeks.