
AltcoinGordon Shares Real-Time Crypto Market Snapshot: Key Insights for Traders | Flash News Detail
From a technical perspective, the value motion of AI-related tokens post-tweet aligns with a number of key indicators. RNDR’s Relative Energy Index (RSI) moved from 52 to 68 between 14:23 UTC and 16:23 UTC, signaling a shift towards overbought territory on the 1-hour chart (Supply: TradingView Technical Knowledge, April 29, 2025). FET’s RSI equally climbed from 49 to 65 in the identical timeframe, indicating sturdy shopping for stress (Supply: TradingView, April 29, 2025). The Shifting Common Convergence Divergence (MACD) for RNDR confirmed a bullish crossover at 15:00 UTC, with the MACD line crossing above the sign line, reinforcing the upward momentum (Supply: Binance Chart Knowledge, April 29, 2025). Quantity evaluation additional confirms the development, as RNDR’s buying and selling quantity on Binance spiked to $98.7 million within the 24 hours following the tweet, up from $40.2 million within the prior 24 hours (Supply: CoinMarketCap Quantity Knowledge, April 29, 2025). FET’s quantity on Coinbase reached $76.3 million, a 110% enhance from yesterday’s $36.4 million (Supply: Coinbase Quantity Knowledge, April 29, 2025). Moreover, the correlation between AI tokens and main property like BTC strengthened post-event, with RNDR’s worth correlation to BTC rising from 0.72 to 0.81 between 14:23 UTC and 18:23 UTC (Supply: CryptoCompare Correlation Knowledge, April 29, 2025). For these researching ‘AI crypto technical evaluation’ or ‘RNDR quantity spike April 2025,’ these metrics counsel a possible continuation of bullish momentum if quantity sustains. Nevertheless, merchants ought to look ahead to RSI ranges above 70, which might point out an impending pullback. The intersection of AI sentiment and crypto markets stays a key space to look at, as developments in synthetic intelligence proceed to drive curiosity in associated tokens.
FAQ Part:
What prompted the RNDR and FET worth surge on April 29, 2025? The surge in RNDR and FET costs was triggered by a tweet from Gordon (@AltcoinGordon) at 14:23 UTC on April 29, 2025, which hinted at a major AI-crypto growth, resulting in an 8.3% enhance for RNDR and a 6.9% rise for FET inside an hour (Supply: Twitter, Binance, Coinbase Knowledge, April 29, 2025).
How did buying and selling volumes change for AI tokens after the tweet? Submit-tweet, RNDR buying and selling quantity surged by 142% to 12.4 million tokens, and FET quantity elevated by 117% to 9.8 million tokens throughout the first hour after 14:23 UTC on April 29, 2025 (Supply: CoinGecko Quantity Knowledge, April 29, 2025).
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