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The king of cryptocurrency, Bitcoin 
$107,611, is experiencing a surge due to the Federal Reserve’s influence, maintaining a value above $63,000. As we approach the last quarter of the year, investors feel hopeful, given this historical period of gains. Popular analyst Daan Crypto Trades targets $200 for AAVE while analyzing the current charts for PENDLE, ONDO, and RENDER Coins.
AAVE Coin Analysis
Daan Crypto Trades highlighted the bullish expectations for AAVE in a recent chart shared about an hour ago. He believes that AAVE’s price will rise slowly yet steadily, suggesting that prices above $200 are not out of reach. The analyst noted, “$AAVE is moving steadily above the 2024 cycle peaks.”
“For 2.5 years, it fluctuated between $50 and $110. If market conditions support this and BTC remains above $60,000, I believe it can comfortably reach $200.”
The net target is $261, and if momentum continues, larger peaks may be witnessed.
PENDLE Coin Analysis
PENDLE Coin experienced a remarkable 212% increase between March and April. It has now returned to the levels where a significant rally began in August and is aiming for the $4.70 region to accelerate the rally. If successful, it could revisit its peak above $7 for new highs. Its impressive 40% increase over the past four days distinguishes it from other altcoins.
If Bitcoin remains strong, PENDLE Coin could rise by 64% to reach $7.29. In a bearish scenario, primary support levels are at $3.35 and $2.60.
ONDO Coin Analysis
ONDO Coin has witnessed a 30% drop between August 24 and September 8. After testing a low of $0.572 on September 18, ONDO is now above $0.68. If the support at $0.66 holds, we may see a rise back to $0.81, while a negative scenario could lead to another test of the lows.
RENDER Coin Analysis
Among the successful altcoins this year is RENDER. Last year, excitement in AI, driven by OpenAI, propelled its price upward. Currently, it remains 66% below its peak but has seen a 25% gain over the last five days from a low of $4.62.
If the $6.30 resistance is surpassed in the short term, new peaks could be seen between $7.27 and $9.73 in October.
