Render crypto has widened losses after the bulls failed to take advantage of the previous gains.
The daily chart illustrates a consolidation above the recent support level of $7 and below the 50-day EMA
Render crypto price has extended the losses after the bulls failed to hold the price above the 50-day exponential moving average. the crypto has been trading...
The Render crypto made a breakdown below the 20 day EMA suggesting a weakness in the short term trend.
The RNDR crypto was trading close to 9.23 USD reporting a negative intraday loss of 1.8%.
The Render crypto trades with slightly bearish bias on Tuesday and hovers near the 50 day exponential moving average. The breakdown below the 20 day EMA on the daily...
Based on our analysis, it appears that RNDR is poised for a significant move. The Harmonic pattern analysis suggests that RNDR's price is likely to retest the 0.756 level of inverse Fibonacci retracement, which falls within the range of approximately $0.93 to $1.0. This retest could serve as a springboard for a robust bounce-back.
🎯 **Price Targets**: According...
