Altcoins Outpace Bitcoin as Render, Bertram The Pomerania, and Hyperliquid Trend Despite Recent Price Volatility

The cryptocurrency market has seen some interesting changes lately. Many altcoins are outpacing Bitcoin (BTC) in performance. But not every trending altcoin listed on CoinGecko is showing significant gains today.

Right now, Render (RENDER), Bertram The Pomerania (BERT), and Hyperliquid (HYPE) are grabbing attention.

Render (RENDER) is trending today, largely due to the buzz around AI-themed cryptocurrencies. In the last 30 days, RENDER's price jumped by an impressive 77.59%. However, it has dipped 5.70% in the past 24 hours. This drop might be due to some profit-taking, with the price currently sitting at $8.30. Looking at the technical side, the Relative Strength Index (RSI) has fallen, which suggests that the bullish momentum is fading. If this trend continues, RENDER's price could drop to $7.24. On the flip side, if buying pressure picks up again, it could bounce back to $9.14.

Then there's Bertram The Pomerania (BERT), a meme coin based on the Solana platform. It's also trending today, driven by growing market interest. Inspired by a famous Instagram dog, BERT has gained traction beyond its original concept. Plus, Binance CEO Changpeng Zhao (CZ) has interacted with some of BERT's posts on X (formerly Twitter), sparking speculation about a potential listing on Binance. This has certainly boosted investor interest.

As of now, BERT trades at $0.0078, which is a staggering 2,140% increase over the last month. However, it has seen a 27.44% decline in the past 24 hours, indicating a drop in buying pressure. On the 4-hour chart, BERT has fallen below the 20-period Exponential Moving Average (EMA) and is close to dropping below the 50 EMA. If that happens, its price could fall to $0.056. But if it rises above the EMA, we might see it climb to $0.13.

Lastly, Hyperliquid (HYPE) has made the list of top trending altcoins twice, showing strong market interest. While it's trending today, data shows HYPE's price has increased. Currently, HYPE is priced at $8.52, which is an 11.82% decrease in the last 24 hours. It's worth noting that HYPE isn’t listed on any major exchange yet, suggesting it might still be in a price discovery phase. If an exchange lists it, the trading volume could increase, potentially driving up the price. However, given the recent price rally, profit-taking might also rise, which could bring the price down below $7.