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Render Token price prediction: RNDR On the path of new highs

Lokesh Gupta Lokesh Gupta Calendar 31-01-2024

Render token price prediction 2025 is approx near $9.00.

  • On December 26th, render token reached a new high but retracted from the $5.30 level.

  • On December 26th, $RNDR price reached a new high but retracted from the $5.30 level.

  • In a month, render coin declined to $3.50, aligning with the 38.2% Fibonacci retracement level.

  • The subsequent 31% rebound, driven by renewed buying interest, brought the coin's current trading price to $4.5800.

  • Render coin price upswing, marked by the breach of the resistance trendline in a flag pattern, signals the potential end of the correction phase.

  • In a bullish scenario as per technical analysis, a breakout from the flag pattern could lead to a rally targeting $7.20, followed by $9.00.

  • As per Coingabbar's analysis, #Render Token Price Prediction 2030 may reach a minimum of $20.

KEY LEVELS :

RESISTANCE LEVEL : $9.0000-$15.0000

SUPPORT LEVEL : $2.5000-$0.8700

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

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5 months ago

Good Sharing

Farhat Iqbal
Farhat Iqbal
Crypto Press Release