Token

Render

Rally

Time

<p>A crypto analyst is drawing attention to a potentially bullish signal for the Render Token (RNDR), suggesting that the altcoin could be gearing up for a major price surge. According to the analyst known as <a href="https://twitter.com/BondActivations/status/1786791824905961853?t=1clZgR0UutLsyfS2QdBDnQ&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">CryptoBond (@BondActivations on X)</a>, a key technical indicator has flashed a buy signal that previously preceded a meteoric 900% rally for RNDR.</p>
<p>In a tweet made yesterday, CryptoBond highlighted that the Stochastic RSI, an oscillator that measures the momentum of an asset’s price movements, has crossed into bullish territory on RNDR’s weekly chart. <em>“Stochastic RSI just crossed up on the weekly chart for $RNDR. Last time this happened, $RNDR pumped almost 900%,”</em> he noted.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="861" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-137-1024x861.png" alt="" class="wp-image-486782" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-137-1024x861.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-137-300x252.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-137-767x645.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-137-1536x1292.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-137-2048x1723.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-137-178x150.png 178w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-137-100x84.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-137-416x350.png 416w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-137-788x662.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-137.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/sui-overtakes-solana-sol-in-daily-transactions-a-good-time-to-buy-the-token/" target="_blank" rel="noopener noreferrer nofollow">SUI Overtakes Solana (SOL) in Daily Transactions: A Good Time to Buy the Token?</a></em></strong></p>
<p>However, CryptoBond believes that the upcoming Bitcoin halving event, scheduled for April 19, 2024, could amplify the potential upside for RNDR this time around. <em>“Post halving pump should be even stronger. YOU DON’T HAVE ENOUGH RENDER,” </em>he assertively stated, implying that investors may want to accumulate RNDR in anticipation of a significant price surge.</p>
<h2 class="wp-block-heading" id="btc-halving-pumps-altcoins-higher">BTC Halving Pumps Altcoins Higher</h2>
<p>The Bitcoin halving is a pre-programmed event that occurs every four years, reducing the rate at which new bitcoins are minted and released into circulation. This deflationary mechanism is designed to control the supply of Bitcoin and is expected to drive increased volatility and price appreciation for the world’s largest cryptocurrency.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>Historically, Bitcoin halvings have also had a positive impact on the broader altcoin market, as investors often rotate their profits from Bitcoin into alternative cryptocurrencies in search of higher returns. With the next halving looming, traders and analysts like CryptoBond are positioning themselves in altcoins they believe could benefit from the anticipated volatility and capital inflows.</p>
<p>The combination of a bullish technical signal and the just concluded Bitcoin halving has generated excitement around the potential for RNDR to experience a more substantial price rally than the 900% surge it witnessed the last time the Stochastic RSI crossed into positive territory on its weekly chart.</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/price-pattern-that-triggered-last-renders-900-rally-appears-again-why-rndr-could-pump-harder-this-time/" rel="noopener noreferrer nofollow">Price Pattern That Triggered Last Render’s 900% Rally Appears Again; Why RNDR Could Pump Harder This Time</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Price Pattern That Triggered Last Render’s 900% Rally Appears Again; Why RNDR Could Pump Harder This Time

Table of Contents

CaptainAltcoin

Other articles published on May 5, 2024

Supercell’s Crypto Investment, Saga’s Coin Airdrop & ‘Parallel’ Expansion: Key Highlights in Cryp...

Are Ethereum And XRP Securities? Ripple CEO Weighs In On The Debate

Top 5 Developments to Watch in the Crypto World This Week: Spotlight on Bitcoin (BTC)

Bitcoin (BTC) ETF by Grayscale Sees Unprecedented $63M Inflow, Bucking Withdrawal Trend

Crypto Whales Boost Holdings: Spotlight on PEPE and LINK Coins’ Aggressive Accumulation

Bitcoin (BTC) Skyrockets Beyond $63K as Bullish Sentiment Sweeps Crypto Market

Join our free newsletter for daily crypto updates!