Render

<ul><li>RNDR token&#39;s impressive 50% recovery since September 1 and successful 10% gains from October 12 signal strong investor interest.</li><li>The RSI&#39;s historical rejection near 70 suggests cautious optimism as RNDR faces potential resistance levels, including $2.250.</li><li>Potential 45% surge for RNDR if it breaks $2.806 resistance, backed by bullish indicators.</li></ul>The <a href="https://cryptotale.org/?s&#61;Render" rel="noopener noreferrer nofollow">Render</a> (RNDR) token has been riding a strong recovery rally for nearly two months, exhibiting a consistent pattern of higher highs and higher lows. However, as history often serves as a guide in the world of cryptocurrency, it appears that the current uptrend may be nearing exhaustion. RNDR has <a href="https://www.binance.com/en/feed/post/1305667?ref&#61;725663823" rel="noopener noreferrer nofollow">surged</a> an impressive 50% since its low point on September 1, and it even managed to realize the projected 10% gains forecasted from October 12. Nevertheless, caution is warranted as the Relative Strength Index (RSI) approaches a multi-month peak.The three-day chart for the RNDR/USDT trading pair reveals an interesting pattern. In three out of four instances when the RSI approached the 70 level, it faced rejection, subsequently heading southward. This trend suggests that bulls may be booking early profits before regrouping for another potential push. For those who entered RNDR at the swing lows of $1.277, $1.474, and $1.715, the temptation to take profits may be growing.Read full article a<a href="https://cryptotale.org/bulls-and-bears-clash-as-rndr-faces-critical-resistance/" rel="noopener noreferrer nofollow">t CryptoTale.</a>

Bulls and Bears Clash as RNDR Faces Critical Resistance

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