Render

Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Render price prediction is bullish for the next few months as long as it sustains above the $1.200 level.</a> </li> 
 <li> <span>2</span> <a>RNDR price is trying to break out of the 200 day EMA to reverse the trend upward.</a> </li> 
 <li> <span>3</span> <a>Render price is showing signs of a bullish trend reversal.</a> </li> 
</ul> 
<p>Render price prediction suggests that a significant rise is possible in the coming months. RNDR price already recovered approximately 25% from the recent swing low and formed a bullish reversal pattern.&nbsp;</p> 
<p>Render price is trying to break the 200 day EMA to turn the positional trend in the upward direction. However, the confirmation of the breakout is still awaited.&nbsp; RNDR price took support near $1.250 and consolidated for some time to form a short term base. The buyers got active and began to push the price upward by forming higher high candles.&nbsp;</p> 
<p>On the higher side, $1.800 will be acting as an immediate hurdle for the bulls. If buyers succeed in breaking through the hurdle, then that would be adequate confirmation of the trend reversal.&nbsp;</p> 
<p><a href="https://www.thecoinrepublic.com/2023/08/11/render-price-prediction-is-rndr-at-the-edge-of-reversal/" target="_blank" rel="noreferrer noopener">Render </a>is currently trading at&nbsp; $1.544&nbsp; with an intraday decline of -0.52%.&nbsp; The 24-hour volume-to-market-cap ratio is 2.18% and the last 24-hour trading volume declined by 16.75%. The pair of RNDR/BTC is trading at 0.0000593 with an intraday rise of 0.34%.</p> 
<h2 class="wp-block-heading" id="strong-will-render-price-continue-recovery-in-october-strong"><strong>Will Render Price Continue Recovery in October?</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" loading="lazy" width="1024" height="434" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-786-1024x434.png" alt="" class="wp-image-171032" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-786-1024x434.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-786-300x127.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-786-768x325.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-786-1536x651.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-786-750x318.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-786-1140x483.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-786.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   RNDR/USDT daily chart by<a href="https://www.tradingview.com/x/AJV06qUN/"> TradingView</a>
  </figcaption>
 </figure>
</div> 
<p>Render price prediction favors the bulls and suggests that bulls are returning back to the track.&nbsp; The price had recovered well in the past two weeks and was trading near the monthly high. This demonstrates the confidence of the buyers which might grab the attention of many other participants.&nbsp;</p> 
<p>As long as RNDR price sustains above the $1.250 level, the possibility of continuing the recovery remains high. However, the next phase of the strong recovery will be visible when buyers are able to break past the $1.800 hurdle.&nbsp;</p> 
<p>On the other hand, if the <a href="https://www.thecoinrepublic.com/2023/08/11/render-price-prediction-is-rndr-at-the-edge-of-reversal/" target="_blank" rel="noreferrer noopener">RNDR price</a> faces rejection from $1.800, then prices might consolidate within an existing range.</p> 
<h3 class="wp-block-heading" id="strong-rndr-price-formed-a-double-bottom-pattern-strong"><strong>RNDR Price Formed a Double Bottom Pattern</strong></h3>  
<div class="tradingview-widget-container"> 
 <div id="tradingview_47d75"></div> 
 <div class="tradingview-widget-copyright">
  <a href="https://www.tradingview.com/" rel="noopener nofollow" target="_blank"><span class="blue-text">Track all markets on TradingView</span></a>
 </div> 
 <script type="text/javascript" src="https://s3.tradingview.com/tv.js"></script> 
 <script type="text/javascript">
  new TradingView.widget(
  {
  "width": 950,
  "height": 500,
  "symbol": "BINANCE:RNDRUSDT",
  "interval": "D",
  "timezone": "Etc/UTC",
  "theme": "light",
  "style": "1",
  "locale": "en",
  "enable_publishing": true,
  "allow_symbol_change": true,
  "studies": [
    "STD;Supertrend"
  ],
  "container_id": "tradingview_47d75"
}
  );
  </script> 
</div>  
<p>RNDR price formed a double bottom pattern and buyers are trying their best to break the neckline hurdle.In the coming months, if the overall crypto market recovers then it might positively impact the price of Render and other altcoins.&nbsp;</p> 
<p>The MACD curve slopes upward and sustains above the zero line. It indicates that prices are likely to trade with a bullish bias for some more time. The RSI at 52 denotes neutral territory and an equal level in a tug of war between buyers and sellers.</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>Render price prediction is bullish for the next few months. It suggests that buyers are getting active and further upward momentum is possible.&nbsp;The analysis suggests that if RNDR price breaks past the $1.800 hurdle, then the probability of reaching $2.00 will increase.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Technical levels</strong></h4> 
<ul> 
 <li>Resistance levels: $1.800 and $2.000</li> 
 <li>Support levels: $1.400 and $1.250</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.</p>

Render Price Prediction: Will RNDR Price Reach $2 By End of 2023?

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