📈 $RENDER (RNDR) Price Pumps Close To 10%, Analyst Calls 70% Surge
Recently, Render Crypto Token (RNDR) has shown a prominent rise throughout the digital currency market. Within 24 hours, the token’s price exploded 9.75% higher. This had investors and spectators interested and hopeful of more token growth in the future.
The surge is part of a broader trend occurring in the cryptocurrency industry. This is because blockchain applications sweating new blood in the markets.
According to analysts, Render crypto has now broken through a key resistance level that was previously around $7.843. This is a big development as it establishes a new bullish precedent for the token. The experts have now forecasted the token to reach $15.33847725.
If we test this out, it would be a huge 70.2% increase from where it’s positioned currently. This touts a strong trajectory into the future for #RENDER .
🔸 Render Crypto Finally Breaches Past Previous Resistance
The analyst noted a while ago that Render Token (RNDR) was showing a lot of bullish momentum towards a critical zone around $7.843. The token has received a strong push towards this key level, signaling a potential breakthrough, said the analyst.
That’s a sign of strong bullish patterns to the expert. The expert said that this fit with the then-market observation that Render may be equipping itself for a large price spike.
He adds that optimistic technical analyses as well as increased confidence from investors in the underlying blockchain rendering solutions fueled things even further.
🔸 Render Breaks Past Resistance
Render then had a fast ascent, and analysts have reviewed all of the price movements and the factors, which fuelled Render.
It has notably taken out a crucial resistance level previously at $7.843. The significance of this breakthrough is this is a new bullish precedent for the token, with experts now looking to the token to hit $15.33847725.
This would be a huge 70.2% jump from where RNDR already stands and is a great future outlook for the token.