Render

bullish

2024

Algorand

Coin

<ul class="wp-block-list news-points">
 <li><strong>RNDR broke a key downtrend, signaling a potential bullish reversal with a target at $10 resistance.&nbsp;&nbsp;</strong></li>
 <li><strong>Algorand faces resistance at $0.1549 and $0.221 after breaking daily downtrend.&nbsp;&nbsp;</strong></li>
 <li><strong>RNDR and ALGO show breakout potential, but both face key resistance levels ahead.</strong></li>
</ul>
<p>Render (RNDR) and Algorand (ALGO) have broken free from downtrends, signaling a bullish reversal for both.</p>
<p>Render (RNDR) hints at an upward move since breaking through a key downtrend line. The price of RNDR, currently at $6.11, has since gone up noticeably to suggest growing bullish sentiment among traders.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24RNDR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$RNDR</a> Looking as the next alt to explode <a href="https://t.co/dmsliRsMtt" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/dmsliRsMtt</a></p>— Sheldon The Sniper (@Sheldon_Sniper) <a href="https://twitter.com/Sheldon_Sniper/status/1838234352951431328?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 23, 2024</a>
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<p>As of today, Render has increased 1.13% in the last 24 hours, with a trading volume of $466 million, which has grabbed the attention of market participants.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" width="512" height="198" src="https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-24T154706.218.png" alt="" class="wp-image-503836" srcset="https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-24T154706.218.png 512w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-24T154706.218-300x116.png 300w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-24T154706.218-380x147.png 380w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-24T154706.218-159x61.png 159w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-24T154706.218-440x170.png 440w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-24T154706.218-414x160.png 414w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-24T154706.218-326x126.png 326w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-24T154706.218-377x146.png 377w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-24T154706.218-123x48.png 123w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-24T154706.218-129x50.png 129w" sizes="(max-width: 512px) 100vw, 512px">
  <figcaption class="wp-element-caption"><em>Source: </em><a href="https://coinmarketcap.com/currencies/render/" target="_blank" rel="noopener noreferrer nofollow"><em>CoinMarketCap</em></a>
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<p>Looking at the weekly chart, Render’s price movement against Tether (USDT) on Coinbase reveals a recent breakout above a downward-sloping trendline. This breakout points to a possible reversal of the previous bearish trend, a significant change for RNDR, which had been trading downwa…</p>
<p>The post <a href="https://coinedition.com/render-and-algorand-break-downtrends-signals-bullish-reversals/" rel="noopener noreferrer nofollow">Render and Algorand Break Downtrends, Signals Bullish Reversals</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Render and Algorand Break Downtrends, Signals Bullish Reversals

Coin Edition

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