• WIF, JUP, LTC, RNDR registration costs have skyrocketed up to now 7 days.
• WIF and JUP have a powerful correlation with the supertrend, indicating additional upside.
• Whereas the bullish case for LTC nonetheless exists, RNDR might commerce sideways.

The costs of many cryptocurrencies have not too long ago hit weekly highs, together with Dogwifat (WIF), Jupiter (JUP), Litecoin (LTC), and Lender (RNDR).

Prior to now 7 days, WIF worth has elevated by 107%. JUP, like WIF, elevated his 26.07%, and his AI-themed RNDR recorded his 3.68% enhance. Lastly, LTC rose 23.91%.

On this article, we think about how Coin Version compares the worth actions of those cryptocurrencies with one another. First, the evaluation will deal with WIF versus JUP, since each are constructed on Solana. Subsequent is an in depth evaluation of LTC and RNDR.

WIF vs. JUP

On the time of writing, WIF modified trades at $4.59. In the meantime, JUP was at $1.53. From the 4-hour comparability chart, there appears to be a powerful correlation between the worth actions of WIF and JUP.

For instance, when WIF fell from March twenty first to March twenty third, so did JUP. An analogous scenario occurred on March thirtieth, when each tokens rose to new highs.

It appears possible that this connection is not going to change sooner or later. That is as a result of indicators proven by the supertrend. Regardless of the rise in JUP and WIF costs, the supertrend didn’t determine any promote indicators that would push again the positive aspects.

Subsequently, costs are more likely to rise additional. Nonetheless, the Relative Energy Index (RSI) has reached overbought territory, suggesting a potential retracement. If WIF or JUP pulls again, we might see an much more intense pump as shopping for strain returns.

LTC vs. RNDR

A 4-hour evaluation of LTC/USD towards RNDR didn’t yield related outcomes as above. Not like WIF and JUP, the worth motion of LTC was totally different from RNDR.

For instance, RNDR struggled to withstand the decline on March twenty ninth. Nonetheless, that was across the identical time that it cleared the overhead resistance and located assist engulfing the candlestick that reached $103.96.

Wanting on the Exponential Transferring Common (EMA), a golden cross appeared on the LTC/USD chart. On the time of writing, the 20 EMA (blue) is above the 50 EMA (yellow), suggesting a bullish development for the coin.

Nonetheless, merchants must be cautious. The bullish bias might be invalidated if Litecoin worth falls beneath the 20 EMA. For Lender, it doesn't look like the worth will rise considerably within the quick time period, because it might be flat between $10.83 and $11.12.