CryptoMediaClub
Sunday, July 27, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Altcoins

Decoding the Price Analysis of Render Token (RNDR)

17.05.2023
A A
0
133
VIEWS
ShareShare

RNDR

  • RNDR experienced a significant price movement, with bulls reversing the bearish trend.
  • Intraday resistance for Render is set at $1.98, while support is established at $1.78.
  • RNDR price increased by 6.89% in the past 24 hours, reaching $1.95.

The cryptocurrency Render Token (RNDR) has recently experienced a significant price movement in the market. At the start of the day, the Render Token market witnessed a bearish signal, indicating dominance by the bears. However, the situation changed in the late morning hours as the bulls pressured the market, reversing the RNDR price.

The bulls in the Render Token market have successfully established an intraday resistance level of $1.98, while the support level has been set at $1.78. Over the past 24 hours, the price of the Render token has increased by 6.89%. Currently, the RNDR token is being traded at $1.95.

The trading volume of Render has experienced a significant surge of 63.81% to reach $97,806,558, indicating that the price is expected to continue its movement in the hours ahead. Moreover, the market capitalization of RNDR has increased by 7.14% to reach $709,844,845, reflecting the growing strength and interest in the market.

RNDR/USD 24-hour price chart (Source: CoinMarketCap)

4-Hour RNDR Technical Analysis

The MACD line is above its signal line and in positive territory, with a reading of 0.024, indicating that the bullish trend in Render will likely continue in the near future. Meanwhile, the histogram is in positive territory, indicating buyers control the market, which adds to the bull rally’s potential.

With a Relative Strength Index of 63.81 and rising, RNDR’s positive momentum may be maintained or strengthened soon. If the RSI rises above 70, it may imply that the market has become overbought and a downturn or consolidation is approaching.

The bullish sentiment in the Render market receives additional confirmation from the Chaikin Money Flow (CMF), which is currently moving above the “0” region. However, this movement suggests that the bullish sentiment in the Render market may continue in the hours ahead.

RNDR/USD 4-hour price chart (Source: TradingView)

With the bullish sentiment prevailing in the market and the support and resistance levels established by the bulls, RNDR’s price has been on an upward trend in the last 24 hours.

Recommended For You:

Render Token (RNDR) Price Prediction 2023

Share10Tweet6ShareSharePin2

Related Posts

Solana gains 80% in a month as Firedancer goes live on testnet
Altcoins

Solana gains 80% in a month as Firedancer goes live on testnet

02.11.2023
0

Solana (SOL) has posted 30-day gains of nearly 81%, and has rallied over 30% in the past week amid the...

Read moreDetails
Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

30.10.2023
Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish

Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish

30.10.2023
Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

27.10.2023
FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up?

FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up?

27.10.2023
Load More
Next Post

SEC Moves to Block Coinbase’s Request for Clarification in Court (Report)

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Australian Court Charges Former Promoter of Crypto Ponzi Scheme BitConnect

Australian Court Charges Former Promoter of Crypto Ponzi Scheme BitConnect

1 year ago
Bitcoin Set to Reach New Highs as Dollar Weakens, Say Glassnode Co-Founders

Bitcoin Set to Reach New Highs as Dollar Weakens, Say Glassnode Co-Founders

8 months ago
Hashdex Files Spot Bitcoin ETF Application With the U.S SEC

Hashdex Files Spot Bitcoin ETF Application With the U.S SEC

2 years ago
Hong Kong and Philippines Launch Wholesale CBDCs

Hong Kong and Philippines Launch Wholesale CBDCs

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Solana Price Prediction: Key Technical Formation Signals Major Upside Potential for SOL

Dragonfly Capital Faces Potential Charges Over Tornado Cash Ties, Vows to Fight Back

Bitcoin Price Prediction: 67% of BTC Still in Individual Hands – What Does This Say About Price Potential?

Ripple CTO Admits He Faked Ozzy Osbourne Fan Q&A: “I Cheated”

Ethereum Price Prediction: Is the $3,500 Threshold ETH’s Launchpad for a New Rally?

Weekly Crypto Regulation News Roundup: GENIUS Act Hits Big Tech, SEC Reverses on ETF

Trending

Siton Mining Launches New Application to Use XRP to Start BTC Mining Machines
All news

Siton Mining Launches New Application to Use XRP to Start BTC Mining Machines

27.07.2025
0

Siton Mining Main HighlightsSiton Mining is reshaping the cloud mining industry, and its new platform provides the...

How Little Pepe’s Layer 2 Chain Changes Meme Coin Hype, Raises $5 Million in Presale

How Little Pepe’s Layer 2 Chain Changes Meme Coin Hype, Raises $5 Million in Presale

27.07.2025
El Salvador’s Bitcoin Strategy Faces IMF Hurdles and Limited Public Reach, Says NGO

El Salvador’s Bitcoin Strategy Faces IMF Hurdles and Limited Public Reach, Says NGO

27.07.2025
Solana Price Prediction: Key Technical Formation Signals Major Upside Potential for SOL

Solana Price Prediction: Key Technical Formation Signals Major Upside Potential for SOL

26.07.2025
Dragonfly Capital Faces Potential Charges Over Tornado Cash Ties, Vows to Fight Back

Dragonfly Capital Faces Potential Charges Over Tornado Cash Ties, Vows to Fight Back

26.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz