• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach
Render Holding Above Key Support After 29% Decline: Price Analysis Reveals $11 Target

Render Holds Key Support After 29% Drop, Analyst Targets $12

Sebastian Villafuerte
by Sebastian Villafuerte
1 year ago
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Render (RENDER) is currently trading above a crucial support level following a substantial 29% decline from its recent highs. Amidst widespread market selling pressure, Render’s ability to maintain this technical level could set the stage for a significant price surge in the coming weeks.

Related Reading: Render Pledges To $2m Into Mpeppe (MPEPE) Over The Coming Months.

As the broader market experiences turbulence, Render stands out for its resilience at this pivotal point. Analysts and traders are closely monitoring the situation, with one chart expert offering a bold prediction for the altcoin trajectory over the next few months. If the support level holds firm, the price could see an aggressive upward movement, making it a critical asset to watch for potential gains.

Render Looks Past $11 

As the market undergoes another correction since its highs in March, traders and investors are adjusting their positions for the upcoming months, with many optimistic about Render’s potential. Amidst this market volatility, it has captured significant attention due to its performance and potential for substantial returns. Top charting analyst Marco Polo recently shared on X an analysis that highlights Render’s recent bottoming out on August 5. Polo’s projection indicates that the price could reach $11.88 by the end of the year, which is a critical resistance level.

Render $11.7 price target.
Render $11.7 price target. | Source: Marco Polo on X RNDRUSDT chart on TradingView

Polo’s analysis suggests that once Render starts its uptrend, the movement is expected to be both aggressive and rapid. This rapid ascent could present challenges for retail investors trying to enter the market early. The anticipated surge may create a situation where the price gains momentum quickly, making it difficult for those who are not already positioned to take advantage of the initial stages of the rally.

Related Reading: Bitcoin (BTC) Stumbles Below $60,000 As Data Shows Slowing Net Capital Inflows

The current market dynamics, coupled with Polo’s bullish forecast, suggest that Render could be poised for significant gains if it continues to hold above its key support levels. Traders and investors are closely monitoring the price, positioning themselves in anticipation of a potential breakout. As it approaches crucial resistance levels, the market will focus on its ability to sustain its technical strength and capitalize on the anticipated uptrend.

Technical Levels To Watch 

Render is currently trading at $5.27, maintaining its position above the 4-hour 200 moving average (MA) of $5.10. This key technical indicator is crucial for assessing price strength, as it often signals support when respected.

Render testing 4H 200 MA as support.
Render testing 4H 200 MA as support. | Source: RNDRUSD chart on TradingView

After a brief dip below this moving average for a few hours, the price has since recovered and is now trading above it again. This recent price action suggests that a potential move toward higher prices could be on the horizon in the coming days.

Should the price fail to hold the 4-hour 200 MA as support, the next critical level to watch is around $4.63. This level would be the next point of testing if the current support fails, potentially indicating further downside.

Related Reading: NEAR Testing Support After A 15% Retrace From Local Highs: Top Trader Shares Entry Opportunity

Traders should closely monitor the price action around these levels, as holding above the 200 MA could signal continued bullish momentum, while a drop below could prompt a deeper correction.

Featured image from Shutterstock, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Sebastian Villafuerte

Sebastian Villafuerte

Follow

Sebastian's journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies. As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastian's contributions quickly gained recognition, and he became a trusted voice in the online crypto community. To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology. Sebastian's passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K forms, or engaging in thought-provoking discussions about the future of finance. Sebastian's journey as a crypto analyst and investor has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable asset to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and contributing to the growth of this revolutionary technology.

Full Profile

Related Posts

Altcoin

Altcoin Market Completes Highest Monthly Close Ever: What This Means For Alt Season

13 hours ago
TRON Selected By US Department Of Commerce To Publish Economic Data Onchain

TRON Selected By US Department Of Commerce To Publish Economic Data Onchain

6 days ago
acheter-token6900-avant-claim

Dernières 24h pour acheter TOKEN6900 avant le claim !

1 week ago
Ethereum

Ethereum Scores Milestone As Chinese Firm Floats 1st Public RWA Bond

1 week ago
XRP

SEC Receives Filing For XRP Option ETF From $12-B Amplify

1 week ago
Tether

Tether Loses Its Shine As Market Dominance Slides To 60%

1 week ago

Premium Sponsors

Press Releases

  • miner

    7 Highest-Rated and Most Popular Cloud Mining Apps in 2025...

    4 hours ago
  • XRP

    Quickly make XRP “mine and earn money”, and...

    7 hours ago
  • XRP Holders

    LET Mining: A Passive Income Engine for XRP Holders...

    9 hours ago
  • miner

    Ripple (XRP) is attracting investor interest: ALL4 Mining...

    13 hours ago
  • MINER

    2025 Free Crypto Cloud Mining Sites Detailed Guide: No...

    15 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.