Render Token (RNDR), which continues its volatile movements, received a reaction from a critical price range, what is the latest situation on the RNDR chart?
RNDR, which started to increase with the Artificial Intelligence project coins being on the agenda again, bounced up with a reaction from the $2.46 support band. RNDR, which has had a significant trading volume for the last month, may exhibit more voluminous movements as long as it continues to stay above the support band. In addition, the fact that the Artificial Intelligence sector is so prominent in the global sense increases the confidence in the coins in this field. This situation was clearly reflected in the graph of RNDR.
Render Token (RNDR) Graphic Analysis
RNDR, which exploded with a reaction from $ 1.84, wicked $ 2,948 in a short time. However, the fact that the level was a resistance point led to a pullback in RNDR price in a short time. RNDR, which is currently traded at $2.56, may start to move towards the $2.60, $2,948 and $3.30 resistances as long as it maintains the upward momentum.
The support levels that can be followed in cases such as the collapses on the side of Bitcoin and the loss of popularity of RNDR are 2.48 – 2.19 – 2.10 – 1.84 and finally $ 1.659, respectively. In addition, the fact that RNDR, which we can call one of the spoken names of altcoins, is one of the coins that increased the fastest after the declines, attracts great attention.
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