A prominent crypto analyst has made a striking prediction about an AI altcoin, forecasting a significant rally in the coming months. The analyst, Altcoin Sherpa, shared his insights with thousands of followers, highlighting Render (RNDR) as a top contender for a major price surge. RNDR, a GPU-associated project, is expected to trade within a low range before taking off, with the analyst setting a target price of $10 as a cheap entry point.

The analyst also shared his thoughts on Bitcoin, predicting a short-term rise but emphasizing the need for higher price regions to confirm a clear upward trend. Bitcoin was trading just below $67,000 at the time of writing, with the analyst advising caution before opening new long positions. Meanwhile, Ethereum faces crucial resistance and a bearish sentiment, but the analyst sees this as a potential buying opportunity. Solana, on the other hand, has a long-term bullish outlook, with the analyst recommending accumulation within the $120-150 range.

Render, currently trading around $10.07, has a chart analysis suggesting a bottom price level with an upper limit of $12.72. The Solana-based altcoin has experienced a minor drop of less than 1% in the last 24 hours. With the analyst's prediction, RNDR is poised for a significant rally, making it a coin to watch in the coming months. As the crypto market continues to evolve, investors are keeping a close eye on these altcoins, waiting for the next big move.