Crypto analyst Jason Pizzino has identified four altcoins that he believes are showing signs of strength in the market. These altcoins include Solana (SOL), Pepe (PEPE), Pendle (PENDLE), and Render (RNDR).
Pizzino notes that Solana is performing well against the US dollar. It is currently holding steady at around $162.09, indicating a relatively strong position.
Moving on to Pendle, Pizzino suggests that this altcoin could be one of the stronger tokens in the next phase of the market cycle. While it may experience some temporary pauses or dips, it has remained above a major support level, which could indicate strength going forward. Currently, Pendle is valued at $6.81.
Regarding Render, Pizzino acknowledges that it may not be as strong as the other altcoins mentioned. However, it is still holding up well against the US dollar, with a current trading price of $10.08.
Lastly, Pizzino highlights Pepe, a memecoin, as an altcoin with a clear uptrend and potential trading opportunities. The coin has recently shown higher lows and has tested previous highs, indicating strength in the market. Pepe is currently trading at $0.000016.
Overall, Pizzino’s analysis suggests that Solana, Pepe, Pendle, and Render are altcoins worth considering due to their strong market structures.