Render

Rally

Rekt (rektarb.xyz)

Rekt

<p>Rekt Capital updated on <a href="https://captainaltcoin.com/render-rndr-and-ondo-prices-break-key-resistances-new-all-time-highs-next-if-these-supports-hold/" target="_blank" rel="noopener noreferrer nofollow">the price of Render (RENDER) and ONDO </a>in his latest newsletter. Last week, the crypto analyst highlighted Render key retest. Historically, Render was on the cusp of a significant green-circled retest. Following a successful retest, the price rallied higher, validating the analyst’s expectations.</p>
<p>After successfully retesting the black <strong>$7.31</strong> level as support, <strong>R</strong>ender price is now focused on the early 2024 support of <strong>$7.95</strong> (blue). This indicates that <strong>R</strong>ENDER is consistently ascending, forming higher lows and retesting progressively higher support levels.</p>
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<p>Continued stability at these levels is crucial for <strong>R</strong>ender to appreciate further. Any downside volatility, reflected through wicks, is likely to reinforce the retests of both the black and blue levels. Currently, RENDER appears well-positioned for upward movement, and the analyst remains optimistic about its trajectory.</p>
<h2 class="wp-block-heading" id="ondo-hits-new-all-time-high">ONDO Hits New All-Time High</h2>
<p>Last week, <a href="https://newsletter.rektcapital.co/email/0d42f679-571e-4572-a42c-7823d36683bd/?ref=rekt-capital-newsletter" target="_blank" rel="noopener noreferrer nofollow">the analyst discussed</a> <strong>ONDO’s</strong> key retest, which had the potential to propel the price toward new all-time highs.</p>
<p>Today, it is confirmed that ONDO successfully retested the light blue <strong>$0.97</strong> level as <a href="https://altfins.com/knowledge-base/support-and-resistance-lines/" target="_blank" rel="noopener noreferrer nofollow">support</a>, allowing the price to surge to the <strong>$1.37</strong> resistance (black). This breakout has resulted in Ondo reaching new all-time highs and entering price discovery.</p>
<p><strong><em>Read Also:<a href="https://captainaltcoin.com/could-the-price-of-aptos-apt-surge-to-20-soon-heres-the-outlook/" target="_blank" rel="noopener noreferrer nofollow"> Could the Price of Aptos (APT) Surge to $20 Soon? Here’s the Outlook</a></em></strong></p>
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<p>Since the successful retest, ONDO has rallied between <strong>80% to 100%</strong>. In this price discovery phase, the logical area for any potential pullbacks would be the previous resistance at <strong>$1.37</strong>, which may now function as support if needed. Typically, in such scenarios, the bullish momentum can be strong enough to prevent post-breakout retests.</p>
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<p>The post <a href="https://captainaltcoin.com/render-rndr-to-continue-rally-if-this-support-holds-whats-next-for-ondo-price-after-new-all-time-high/" rel="noopener noreferrer nofollow">RENDER to Continue Rally if This Support Holds: What’s Next for ONDO Price After New All-Time High?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

RENDER to Continue Rally if This Support Holds: What’s Next for ONDO Price After New All-Time High?

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