Render

Bitcoin

Coin

<ul class="news-points">
 <li>RNDR outperformed BTC as whale interaction and social dominance around the project rose.</li>
 <li>November could prove to be a good month for RNDR because of the budding AI narrative.</li>
 <li>A buy signal appeared at $2.44 which could serve as the support zone for RNDR to reach $3.</li>
</ul>
<a href="https://coinedition.com/render-networks-ai-integration-ignites-bullish-surge-for-rndr-tokens/" rel="noopener noreferrer nofollow">Render (RNDR)</a> was one of the altcoins in the spotlight following a period when <a href="https://coinedition.com/bitcoin-btc-price-prediction/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> tapped $35,000. At the time of writing, the price of RNDR was $2.48 after a showstealing 64% hike in the last 30 days.
Santiment, an on-chain analytic platform was able to identify reasons for Render’s exponential growth within the aforementioned period. According to Santiment, RNDR was a beneficiary of increased network growth, activity, and whale interaction. Due to these activities, the token’s social dominance reached its highest within the same timeframe.
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 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Render?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Render</a> is +64% over the past 30 days, as one of the best performing projects during this timeframe. Watch <a href="https://twitter.com/search?q=%24RNDR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$RNDR</a>'s social dominance coming off its highest discussed days in months. Address activity, network growth, &amp; whale transactions are sky high. <a href="https://t.co/K9mxMeXKaK" target="_blank" rel="noopener noreferrer nofollow">https://t.co/K9mxMeXKaK</a> <a href="https://t.co/uDN1FRPAuA" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/uDN1FRPAuA</a>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1719098653229621603?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 30, 202…</a>
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The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/why-renders-rndr-correction-could-be-a-buy-signal-before-3/">Why Render’s (RNDR) Correction Could Be a Buy Signal Before $3</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Why Render’s (RNDR) Correction Could Be a Buy Signal Before $3

Coin Edition

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