Crypto analyst Altcoin Sherpa has predicted corrections for two artificial intelligence (AI) altcoins, Render (RNDR) and Bittensor (TAO). Altcoin Sherpa believes that RNDR could revisit the 0.618 Fibonacci level before experiencing a bullish reversal and recommends buying it from its current price down to $6. Similarly, Altcoin Sherpa expects TAO to drop to the 0.50 Fibonacci level and find support around $400, with potential further downside to $320 if the support doesn’t hold. Lastly, Altcoin Sherpa warns that Prom (PROM) could experience a significant pullback if it fails to maintain support at around $9.45. The current values for RNDR, TAO, and PROM are $9.06, $479.76, and $11.07, respectively.
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Analyst Predicts Corrections for Two AI Altcoins, Says One Low-Cap Coin in Danger of Significant Pullback
