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

31-01-2024 By: Lokesh Gupta
Render Token price prediction: RNDR On the path of new highs

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.

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