Token

Render

<p>The post <a href="https://coinpedia.org/price-analysis/render-token-hits-10-will-rndr-price-2x-ahead-of-the-big-conference/" rel="noopener noreferrer nofollow">Render Token Hits $10! Will RNDR Price 2X Ahead Of The Big Conference?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The crypto industry continues to trade under a strong bullish influence as top tokens continue adding significant value to their respective portfolios. Further, the AI tokens have displayed a massive uptrend over the past month.</p>
<p>The Render token has added over 40% within the past 24 hours, resulting in it achieving a new ATH. Moreover, the token has added 118% within the past 30 days and 108% Year-to-Date (YTD).</p>
<h2 class="wp-block-heading" id="h-render-token-achieves-new-all-time-high-ath">Render Token Achieves New all-time high (ATH)!</h2>
<p>The <a href="https://coinpedia.org/price-prediction/render-token-rndr-price-prediction/" rel="noopener noreferrer nofollow">RNDR price</a> traded in a closed range between $4.470 and $5.156 for a period, after which the bulls recorded a jump of 20.73. However, the rally was short-lived as the price faced rejection at $5.764, following which the price traded sideways for a while.</p>
<p>As the market volatility grew, the bulls gained just enough momentum to break out of the resistance level, where the price displayed a neutral trend for the next few days. Following multiple failed attempts, the bulls successfully regained momentum and jumped over 28% in valuation.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/fy3yXCks88mE1ubSnCKNYfaH5vi22I5tlQX4HFuHd57P-DrRwgr8yq8DObPrMSMIVH3vQtiJmbJybuvOREPQZV9I5bHHxAYgXL2aYc9JnHjt1VvE8D6pfzsN89MqUZnHSgLX5WHONVAMJB_FzSZVE_A" alt="RNDR Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: RNDR/USDT
 </figcaption>
</figure>
<p>Following this, the Render token traded in a consolidated range between $6.699 and $8.10 for the next twelve days. After testing its low of $5.764, the altcoin regained momentum and recorded a jump of over 70% within the last two days.</p>
<p>The technical indicator, MACD, displays a significant jump in the green histogram, highlighting an increase in the buying pressure in the crypto market. Further, the averages show a sharp rise in the chart, suggesting a positive price action in the upcoming weeks.</p>
<h2 class="wp-block-heading" id="h-will-rndr-token-price-go-up">Will RNDR Token Price Go Up?</h2>
<p>If the market pushes the price above the resistance level of $10, the bulls will continue to rise and test its upper resistance level of $11. Moreover, if the bulls maintain the price at that level, it will set the stage for the RNDR token to attempt to test its upper high of $12 by the weekend.</p>
<p>Conversely, if a trend reversal occurs, the bulls will lose momentum and fall to test its support level of $9.224. Further, if the bears continue to overpower the bulls, it will continue bleeding and test its lower support level of $8.10.</p>

Render Token Hits $10! Will RNDR Price 2X Ahead Of The Big Conference?

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