Bitcoin’s recent rally has reinvigorated altcoin market enthusiasm, with many cryptocurrencies showing some of the best bullish signs in weeks. HYPE, ONDO, RNDR, and KAS are promising altcoins to invest in before the next rally. Technical indicators are reflecting strong short-term buyer momentum for these cryptocurrencies. Investors are keenly watching these altcoins as they approach major resistance levels and possible areas of consolidation. The market's overall positive sentiment, fueled by Bitcoin's resurgence, provides a favorable backdrop for these altcoins to potentially outperform in the near term. This crypto price prediction analysis examines the fundamentals, technical indicators, and possible future price action of HYPE, ONDO, RNDR, and KAS. It offers useful information about their chances as the overall market keeps booming.

HYPE/USDT Technical Analysis

HYPE/USDT is possibly one of the most volatile trades in terms of momentum at this present time, based on technical indicators. The 20-day Exponential Moving Average (EMA) for HYPE/USDT is currently at $13.84, which is an important support area. We use the Relative Strength Index (RSI) as one of our primary market indicators of buyer strength. Today, it floats just above 56, meaning that it’s a buyer’s market by a hair’s breadth.

The bulls are now facing strong resistance at $17.35, with sellers in control. In case the bulls manage to weather this selling storm, HYPE/USDT may initiate another bullish swing towards $21. After that, the next logical target would be $25. On the flip side, if the price corrects, the 20-day EMA at $13.84 should act as support. A hold at this level would be a very bullish signal, while a break below might indicate a deeper correction is in order.

Broader market dynamics suggest that HYPE/USDT is overdue for greater upside. If it is able to maintain its wave and break past the short term resistance, it has the potential to thrive. Investors should watch price action closely near the $17.35 resistance as well. Keeping an eye on this $13.84 support will give some clues about the next likely move. The RSI staying above 50 would help confirm the bullish sentiment, showing a consistent desire from buyers to push the price higher.

ONDO/USDT Downtrend Breakout

With ONDO/USDT’s recent price action showing a clear breakout from its diagonal downtrend line, a bullish reversal could be forming. This breakout is a sign that the manic selling pressure has played out its course. Today, buyers are back in the driver’s seat and very much in control. Judging by the first breakout, it’s going to be great! We just need further confirmation to establish just how strong and sustainable this new uptrend truly is.

At the moment, ONDO/USDT is coming up against selling pressure at $0.96, which is now acting as the most important resistance level. First overcoming this resistance will be key for ONDO/USDT to keep advancing upwards. The 20-day EMA is currently offering short-term support, serving as a cushion to keep prices from consolidating to the downside. So if we get a decisive break below this EMA, it could set off a chain reaction of selling down toward the 50-day Simple Moving Average (SMA). This could indicate that a major consolidation period is due.

Investors should watch for ONDO/USDT to either break through the $0.96 resistance or find solid support at the 20-day EMA. If this resistance can be overcome we may see large meaningful leaps forward. On the other hand, a decline to the 50-day SMA could indicate an upcoming period of range-bound movement. Whether or not the pair can remain above the downtrend line will be important. This factor will have a larger effect on its short- and medium-term outlook.

RNDR/USDT Double Bottom Pattern

RNDR/USDT is forming a potential double-bottom pattern completion if the price makes a move above $4.22. The RNDR/USDT 20-day EMA is at $4.22, further establishing this level’s importance. The RSI is hovering at 56, meaning that buyers are still in control. This will likely push price higher.

The duo has already broken the overhead resistance of $4.22, setting this up to be a pivotal turning point. Successfully breaking cleanly above this resistance level would confirm the double-bottom bullish pattern, possibly triggering a major rally. Still, RNDR/USDT could face more resistance between $4.60 and $5, which might offer obstacles to protracted upward pressure.

Investors would do well to watch price action at/near $4.22 intensely. That would be a first major bullish confirmation, requiring a decisive break above this level and preferably on strong volume. On the other hand, if this resistance is not breached, there is the possibility of a retrench down to lower support levels. The RSI staying above 50 will be key to confirm the bullish momentum and confirm the bullish double-bottom breakout.

KAS/USDT Potential Breakout

KAS/USDT is one to watch as it is nearing confirmation of a double-bottom pattern being complete if it can clear resistance at $0.08. Similarly, the 20-day EMA for KAS/USDT at $0.083 is just above the key breakout point. The market is obviously testing this resistance line. If it can get a good breach above it, then we have the makings of more upside ahead.

The technical landscape points to a buyer’s struggle for the upper hand. If they are able to rally past the $0.08 resistance, it would be a clear indication of strong bullish momentum. If the emerging double-bottom pattern is confirmed, more opportunistic investors would likely pile in, pushing the price up. On the flip side, if it cannot get above this level, we might be looking at a short-term consolidation phase or even a retracement.

For this reason, investors should pay close attention to trading volume and price action when approaching this $0.08 level. Higher buying pressure and continued trading above this level would be a strong confirmation of the breakout. Keeping the price above the 20-day EMA will be equally important in upholding the bullish thesis.