Render

Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Render price prediction showcases the recovery of RNDR crypto through an interesting pattern over the daily time frame chart.</a> </li> 
 <li> <span>2</span> <a>RNDR crypto is trying to sustain 20 and 50-day EMAs to reach the 100 and 200-day daily moving average.</a> </li> 
 <li> <span>3</span> <a>Render cryptocurrency has gained significantly around 279.73% year to date.&nbsp;</a> </li> 
</ul> 
<p>Render price prediction showcases the recovery phase of RNDR crypto inside an interesting rising pattern over the daily time frame chart. Meanwhile, RNDR crypto needs to maintain itself inside the recovery pattern in order to remain in the recovery phase. However, volume change can be seen below average and needs to grow during the intraday trading session. RNDR must attract buyers to avoid falling from the rising parallel channel over the daily time frame chart.</p> 
<p>Render crypto price has been recovering through a rising parallel channel pattern since August 2023. And now it is trying to maintain the pattern to continue its recovery. Meanwhile, buyers need to accumulate at a higher rate in order to push RNDR crypto price towards the upper trendline of the ascending parallel channel.</p> 
<p>Render price was at $1.5288 and lost 0.67% of its market capitalization during the day trading session. Trading volume has decreased by 27.34% during the intraday trading session. This demonstrates that sellers are present in the trade to pull RNDR crypto toward the lower trendline of the rising parallel channel. Volume to market cap ratio was at 2.08%.</p> 
<h2 class="wp-block-heading" id="strong-will-render-price-maintain-inside-the-channel-strong"><strong>Will Render Price Maintain Inside The Channel?&nbsp;&nbsp;</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" loading="lazy" width="1024" height="594" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-38-1024x594.png" alt="" class="wp-image-173151" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-38-1024x594.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-38-300x174.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-38-768x446.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-38-1536x891.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-38-750x435.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-38-1140x661.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-38.png 1539w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: RNDR/USD by <a href="https://www.tradingview.com/x/FHYqyyTm/">TradingView</a>
  </figcaption>
 </figure>
</div> 
<p>Render price prediction indicates the recovery of RNDR crypto through the rising parallel channel over the daily time frame chart. However, volume change can be seen below average which needs to increase during the day’s trading session. Meanwhile, RNDR crypto is trying to sustain at 20 and 50-EMAs to reach the 100 and 200-days daily moving average.</p> 
<p>Over the past week, Render’s price experienced a decrease of approximately 4.75%, but it recorded a gain of about 5.51% within the month. RNDR coin prices have seen a significant decline of around 25.84% over the past three months, with a contrasting increase of 19.58% over the last six months. Remarkably, Render crypto’s price has surged by a substantial 279.33% year-to-date.</p> 
<p>Technical indicators point to a downward momentum for Render cryptocurrency, with both the relative strength index (RSI) and the moving average convergence divergence (MACD) confirming this trend.&nbsp;</p> 
<p>The RSI, which was at 50, is endeavoring to maintain a neutral position. However, the MACD line has crossed below the signal line following a negative crossover. Investors considering Render cryptocurrency should monitor the situation closely and wait for RNDR coin’s price to break out of the rising parallel channel before making decisions.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p><a href="https://www.thecoinrepublic.com/2023/09/25/render-price-prediction-will-rndr-price-reach-2-by-end-of-2023/" target="_blank" rel="noreferrer noopener">Render price prediction </a>showcases the recovery phase of RNDR crypto inside an interesting rising pattern over the daily time frame chart. Render crypto price has been recovering through a rising parallel channel pattern since August 2023. However, volume change can be seen below average which needs to increase during the day’s trading session. Remarkably, Render crypto’s price has surged by a substantial 279.33% year-to-date. Technical indicators point to a downward momentum for Render cryptocurrency.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support Levels:</strong> $1.5134 and $1.4630</li> 
 <li><strong>Resistance Levels:</strong> $1.5607 and $1.6207</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto or stocks comes with a risk of financial loss.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>

Render Price Prediction: RNDR Rising in an Interesting Pattern

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