A tweet from Doc Crypto explains that Render’s RNDR is about to present the “biggest buying opportunity” since January 2024.
Based on the post by the crypto analyst, the price of Render is within a demand zone between $4.6 and $5.25, and this is crucial to maintain a bullish trend.
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Price holding above that level is expected to trigger a new bullish move.
Securing Profit Is Important
He also talked about the importance of taking profit. The last time RNDR price rose to $15 to $20, some people were able to secure profit. The analyst sees it as a good move since nothing is guaranteed in the market.
$RENDERThe demand zone between $4.60 and $5.25 is crucial to remain bullish on the macro trend.This is about the biggest buying opportunity since January 2024.The next time we are at the $15-$20 level and people are taking profits on $RENDER,Respect it.Because profit is… pic.twitter.com/Tl3ojCk5F0
— D0c Crypto (@TheRealD0c) August 1, 2024
He pointed to his greatest mistake of not taking profit when the price of RNDR rose by 35x in March.
This time the analyst sees a good buying opportunity at the current demand zone. He aims to take profit at around $15 to $25.
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The post Render Analyst Predicts ‘Biggest Buying Opportunity’ For RNDR Price – Here Are Bullish Targets appeared first on CaptainAltcoin.