Token

Render

Strong

The post <a href="https://coinpedia.org/price-analysis/render-token-claims-new-ath-rndr-to-hit-15-this-week/">Render Token Claims New ATH! RNDR To Hit $15 This Week?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
The Render token continues to trade under a strong bullish influence, resulting in it successfully achieving a new all-time high during the early trading hours today. Further, with the upcoming events, the RNDR price is expected to gain significant traction during the upcoming days. 
The <a href="https://coinpedia.org/price-prediction/render-token-rndr-price-prediction/">RNDR price</a> has added over 17% to its portfolio within the past 24 hours and 122.61% over the past 30 days. Render token’s Year-to-Date returns stand at around 170%. 
<h2 class="wp-block-heading" id="h-rndr-price-hints-a-strong-bullish-sentiment-in-the-chart">RNDR Price Hints A Strong Bullish Sentiment In the Chart!</h2> 
The Render price traded in a closed range between $7.020 and $8.240 for a brief period, after which the bulls lost momentum and recorded a correction of 23.14% in valuation. After testing its low of $5.765, the bulls regained momentum and started trading positively. 
The RNDR price recorded a jump of over 106% within the next three days, following which the bulls faced rejection at the resistance level of $12.780. After displaying significant volatility for a while, the altcoin traded in a closed range between $10.790 and $11.705 for over a week. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/vxgzVHEYGPRAVoZHPAWnUnaOiVaDuMq7-AZQa5hFytrzxeFDhhzyDSez_VRTUyEm14SPPOK7MkUfHmKiyPFpC7RZqw5neOgUGwf9Ma6w90llBooVY5iz3fhUD14Pt7svXU-jFcvwgRlYNIMwBpMQwDE" alt="Render Token Price Analysis">
 <figcaption class="wp-element-caption">
 TradingView: RNDR/USDT
 </figcaption>
</figure> 
Recently, the bulls regained momentum and jumped over 9% in valuation. Since then, the price has been displaying a neutral trend by trading between $12.780 and $13.840. Positively, the<a href="https://markets.coinpedia.org/render-token/"> RNDR token</a> displays a flag pattern, suggesting a bullish outlook in the coming time. 
The Relative Strength Index (RSI) displays a constant flatline in the chart, indicating weak buying and selling pressure in the market. Further, the averages show a minor rise, highlighting uncertainty in the future price action of this altcoin. 
Also Read: <a href="https://coinpedia.org/price-analysis/bome-price-pullback-brings-the-best-entry-opportunity/">BOME Price Pullback Brings The Best Entry Opportunity!</a> 
<h2 class="wp-block-heading" id="h-how-high-will-render-token-go">How High Will Render Token Go?</h2> 
If the bulls regain power, the bulls will prepare to test their resistance level of $13.840 this week. Moreover, if the bulls continue to dominate the market, it will continue to rise and test its upper resistance level of $15 over the coming weekend. 
Negatively, a bearish trend reversal may pull the price toward its support level of $11.705 during the upcoming week. 
Also Check Out The:<a href="https://coinpedia.org/news/solana-sol-surges-outpacing-ethereum-amid-memecoin-mania/"> Memecoin Mania Solana (SOL) Flips Ethereum in Trading Volume</a>

Render Token Claims New ATH! RNDR To Hit $15 This Week?

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