Render token reached a high of $5.30 on December 26, 2023, followed by a retracement in price.
Render coin price surged about 11% in the past day, hinting at a potential trend reversal.
The daily chart shows an intersection of the 20 and 50 Day Moving Averages.
On the 4-hour chart, Render token price is breaking the descending trendline.
Coingabbar's analysis suggests that Render Token Price Prediction 2030 could reach a minimum of $10.
KEY LEVELS :
RESISTANCE LEVEL : $5.0000-$6.7000
SUPPORT LEVEL : $3.5000-$2.2000
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.
Also read: Chiliz Breaks 8-Month Accumulation – What’s Next?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.