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Damn RNDR, the drop right before my very eye. for now bearish . but it is good entry point for long term #RNDR: $RNDR
Render Price Slips As Whale Offloads $3M RNDR, What’s Next?
The price of Render (RNDR) dropped by more than 4% today as a major investor, or “whale,” sold off a significant portion of their holdings. Despite this profit-taking move, which followed notable gains for RNDR in recent weeks, some market analysts remain optimistic about the token’s future. So, let’s take a quick tour of the recent transactions and see how the recent events may trigger a price rally of the cryptos.
Whale Sells $3M RNDR, Market Reacts A major RNDR holder reduced their position significantly, sparking a decline in the token’s price. According to The Data Nerd, within 24 hours, the Render whale known as 0x1Cb deposited 265,000 RNDR, worth about $2.78 million, to the major crypto exchange, Binance.
Notably, the report showed that this whale had initially bought 365,000 RNDR at an average price of $9.20 and still retains 100,000 RNDR, worth approximately $1.1 million.
Meanwhile, over the past week, other large holders of RNDR have also capitalized on the crypto’s price rebound. Last week, a report from Spot On Chain showed that six whales collectively deposited 7.16 million RNDR tokens, valued at around $77.9 million, onto exchanges like Coinbase and Binance.
This move allowed them to secure around $61 million in profits. The profit-taking strategy employed by these investors highlights their response to recent price surges. However, despite the selling pressure from these whales, not all investors are bearish. Some see the potential for future gains, particularly with upcoming events in the technology sector that could influence AI-related tokens like RNDR.
Bullish Momentum Ahead? Looking ahead, many investors are keeping an eye on NVIDIA’s earnings report, scheduled for Wednesday, May 22. Notably, analysts expect strong results due to growing demand for AI chips and technology services. Positive developments in the technology, especially artificial intelligence (AI) space, often spark rallies in AI-related cryptocurrencies.$RNDR
#writetoearn #altcoins #RNDR:
The price of Render (RNDR) dropped by more than 4% today as a major investor, or “whale,” sold off a significant portion of their holdings. Despite this profit-taking move, which followed notable gains for RNDR in recent weeks, some market analysts remain optimistic about the token’s future. So, let’s take a quick tour of the recent transactions and see how the recent events may trigger a price rally of the cryptos.
Whale Sells $3M RNDR, Market Reacts A major RNDR holder reduced their position significantly, sparking a decline in the token’s price. According to The Data Nerd, within 24 hours, the Render whale known as 0x1Cb deposited 265,000 RNDR, worth about $2.78 million, to the major crypto exchange, Binance.
Notably, the report showed that this whale had initially bought 365,000 RNDR at an average price of $9.20 and still retains 100,000 RNDR, worth approximately $1.1 million.
Meanwhile, over the past week, other large holders of RNDR have also capitalized on the crypto’s price rebound. Last week, a report from Spot On Chain showed that six whales collectively deposited 7.16 million RNDR tokens, valued at around $77.9 million, onto exchanges like Coinbase and Binance.
This move allowed them to secure around $61 million in profits. The profit-taking strategy employed by these investors highlights their response to recent price surges. However, despite the selling pressure from these whales, not all investors are bearish. Some see the potential for future gains, particularly with upcoming events in the technology sector that could influence AI-related tokens like RNDR.
Bullish Momentum Ahead? Looking ahead, many investors are keeping an eye on NVIDIA’s earnings report, scheduled for Wednesday, May 22. Notably, analysts expect strong results due to growing demand for AI chips and technology services. Positive developments in the technology, especially artificial intelligence (AI) space, often spark rallies in AI-related cryptocurrencies.$RNDR
#writetoearn #altcoins #RNDR:
#RNDR/USDT💥 ANALYSIS:
join my live for daily getting 2-3 new Crypto Signals
I can see #RNDR📉 created a bearish channel now rndr will go down , btc looks bearish now so alts will go down .
Now long trade is risky so open short
Coin name: #RNDR:
Short
Entry price: 10-11
Leverage 10x isolated
Stoploss:13
Target 🎯:
1)9.654
2)8.891
3)8.212
4)7.514
watch my screenshot
join my Binance live stream to get information on how you will get a free crypto signal daily.
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#altcoins #BTC
join my live for daily getting 2-3 new Crypto Signals
I can see #RNDR📉 created a bearish channel now rndr will go down , btc looks bearish now so alts will go down .
Now long trade is risky so open short
Coin name: #RNDR:
Short
Entry price: 10-11
Leverage 10x isolated
Stoploss:13
Target 🎯:
1)9.654
2)8.891
3)8.212
4)7.514
watch my screenshot
join my Binance live stream to get information on how you will get a free crypto signal daily.
I will add a picture of how you can join my Binance live stream.
Follow me for more signals and information.
#altcoins #BTC
Important Message
we Don't Add or Share signals with Following Traders who
1. Use more than 10x Leverage
2. Use more than 7% Portfolio in one trade
3. open More than two trades at a time
4. never use Stoploss and take profit
5. not accept a little Loss
6. cannot wait
7. Get into trade without touching entry
8. not move Stoploss as earning start
9.do revenge trading
10 .the one who FOMO
We don't Need you to decrease our rating
#ETFvsBTC #RNDR: #RDNT #pixel #ETHETFS #portal #W #AEVO #REZ #bigtime #BB #SAGA $BTC $ETH $BNB
we Don't Add or Share signals with Following Traders who
1. Use more than 10x Leverage
2. Use more than 7% Portfolio in one trade
3. open More than two trades at a time
4. never use Stoploss and take profit
5. not accept a little Loss
6. cannot wait
7. Get into trade without touching entry
8. not move Stoploss as earning start
9.do revenge trading
10 .the one who FOMO
We don't Need you to decrease our rating
#ETFvsBTC #RNDR: #RDNT #pixel #ETHETFS #portal #W #AEVO #REZ #bigtime #BB #SAGA $BTC $ETH $BNB
The upcoming NVIDIA AI conference has the potential to significantly impact AI-related cryptocurrencies like $RNDR , $NEAR, $AIX, and more. This event may trigger price movements, heightened trading volumes, and increased interest in AI projects. Additionally, the conference could raise awareness about AI applications in the crypto space, provide insights into regulatory developments, and foster technological advancements and market sentiment shifts. Consider exploring AI coins before the conference for potential opportunities.
#TrendingTopic #Aipump #RNDR:
#TrendingTopic #Aipump #RNDR:
$RNDR What can go wrong with this coin ?
to me absolutely nothing.
But please do you research . #RNDR:
to me absolutely nothing.
But please do you research . #RNDR:
$NEAR will flip#RNDR: to hit $11 🔥🔥🔥. Buy more now it is still very cheap. #btc.70.000✅ #Solana🚀 #BNBToTheMoon
#AI #Coindesk #RNDR:
#future_tradin_signal_update
Expectations that a crypto project will be mentioned in an Nvidia (NVDA) conference later this month are driving traders to bid on artificial intelligence (AI)-linked tokens, propelling CoinGecko 's category for the coins up 25% in 24 hours.
Tokens of Fetch.AI (FET), Render Network (RNDR), Sleepless AI (AI) and SingularityNET (AGIX) climbed as much as 40%. These projects claim to utilize AI in various ways, such as providing a virtual companion and being a marketplace for graphic processing cards.
Behind the surge are reports that crypto AI project developers are attending the chipmaker's conference or taking part in panels, according to Lookonchain. The event will be held from March 17-21. The advance compares with bitcoin’s 0.3% increase and a 0.4% gain in the CoinDesk 20, a broad-based liquid index of major tokens.
#future_tradin_signal_update
Expectations that a crypto project will be mentioned in an Nvidia (NVDA) conference later this month are driving traders to bid on artificial intelligence (AI)-linked tokens, propelling CoinGecko 's category for the coins up 25% in 24 hours.
Tokens of Fetch.AI (FET), Render Network (RNDR), Sleepless AI (AI) and SingularityNET (AGIX) climbed as much as 40%. These projects claim to utilize AI in various ways, such as providing a virtual companion and being a marketplace for graphic processing cards.
Behind the surge are reports that crypto AI project developers are attending the chipmaker's conference or taking part in panels, according to Lookonchain. The event will be held from March 17-21. The advance compares with bitcoin’s 0.3% increase and a 0.4% gain in the CoinDesk 20, a broad-based liquid index of major tokens.
#memecoin plays are becoming a valid way for speculators and gamblers to thrive during bull runs. If at all you are looking at this growing class, be ready to lose it all (and therefore allocate a 2% of crypto portfolio into them).
The narrative to follow here is to identify the main memecoins on Layer 1s that are growing well – they give a higher beta to layer 1 assets.
#Etherrum (DOGE, SHIB, PEPE, FLOKI), Solana (BONK, WIF, MYRO) and Avalanche (COQ)
a great ride 2024 has already been! Bitcoin is up 60% year-to-date and is nearing price discovery mode after taking out its previous all-time high. Ethereum, Solana, and other top altcoins have followed the #1 asset’s price action and have registered considerable gains too.
To maximize your crypto portfolio returns, it's prudent to allocate a good share to emerging and upcoming narratives that will drive value in the ecosystem. In our last article, we covered layer-2 solutions, decentralised protocols and gaming ecosystems
AI is the next big narrative globally and crypto-based AI tokens have the potential to deliver decentralized scaling of AI solutions. The frontrunners in this space are Render (RNDR) and Fetch.ai (FET). The risks involved in this space are: how well the general AI narrative takes shape globally and how soon.
#RNDR: is basically a decentralised GPU network. If you have idle GPU at your home, you can loan out that GPU for others to use to implement AI services. A simple yet effective idea. RNDR has a market cap of $3.7 billion currently and can do a 5-8x over the next two years potentially.
The narrative to follow here is to identify the main memecoins on Layer 1s that are growing well – they give a higher beta to layer 1 assets.
#Etherrum (DOGE, SHIB, PEPE, FLOKI), Solana (BONK, WIF, MYRO) and Avalanche (COQ)
a great ride 2024 has already been! Bitcoin is up 60% year-to-date and is nearing price discovery mode after taking out its previous all-time high. Ethereum, Solana, and other top altcoins have followed the #1 asset’s price action and have registered considerable gains too.
To maximize your crypto portfolio returns, it's prudent to allocate a good share to emerging and upcoming narratives that will drive value in the ecosystem. In our last article, we covered layer-2 solutions, decentralised protocols and gaming ecosystems
AI is the next big narrative globally and crypto-based AI tokens have the potential to deliver decentralized scaling of AI solutions. The frontrunners in this space are Render (RNDR) and Fetch.ai (FET). The risks involved in this space are: how well the general AI narrative takes shape globally and how soon.
#RNDR: is basically a decentralised GPU network. If you have idle GPU at your home, you can loan out that GPU for others to use to implement AI services. A simple yet effective idea. RNDR has a market cap of $3.7 billion currently and can do a 5-8x over the next two years potentially.
$RNDR Rndr need to brake 10.980 line after you can take entry #TrendingTopic #RNDRRevolution #TrendingTopic #ARB #RNDR:
Alert ...⚠️
PEPE has started to retrace after hitting lower low in pattern .#🤑🤑
Now it will go towards 0.00001200$ and maybe much more than that so be ready for reduction of one more zero from the figure.💰💰
This article is not a financial suggestion or advice, use your own knowledge.
#TrendingTopic: #AEVOLAUNCHPOOL #NEAR #RNDR: #BTC.😉.
PEPE has started to retrace after hitting lower low in pattern .#🤑🤑
Now it will go towards 0.00001200$ and maybe much more than that so be ready for reduction of one more zero from the figure.💰💰
This article is not a financial suggestion or advice, use your own knowledge.
#TrendingTopic: #AEVOLAUNCHPOOL #NEAR #RNDR: #BTC.😉.
Greetings guys
I hope everyone is having buckets of fun and good times over the weekend
$RNDR
Looks like #RNDR: is dropping
Will it raise again perhaps hit 13
I hope everyone is having buckets of fun and good times over the weekend
$RNDR
Looks like #RNDR: is dropping
Will it raise again perhaps hit 13
Let's go $RNDR #RNDR:
LIVECRYPTIC ENTHUSIAST
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🚨🚨Render Token Achieves New all-time high (ATH)!🚨🚨
The RNDR price traded in a closed range between $4.470 and $5.156 for a period, after which the bulls recorded a jump of 20.73. However, the rally was short-lived as the price faced rejection at $5.764, following which the price traded sideways for a while.
As the market volatility grew, the bulls gained just enough momentum to break out of the resistance level, where the price displayed a neutral trend for the next few days. Following multiple failed attempts, the bulls successfully regained momentum and jumped over 28% in valuation.
🔥RNDR Price Analysis🔥
Following this, the Render token traded in a consolidated range between $6.699 and $8.10 for the next twelve days. After testing its low of $5.764, the altcoin regained momentum and recorded a jump of over 70% within the last two days.
The technical indicator, MACD, displays a significant jump in the green histogram, highlighting an increase in the buying pressure in the crypto market. Further, the averages show a sharp rise in the chart, suggesting a positive price action in the upcoming weeks
🔥🔥Will RNDR Token Price Go Up?🔥🔥
If the market pushes the price above the resistance level of $10, the bulls will continue to rise and test its upper resistance level of $11. Moreover, if the bulls maintain the price at that level, it will set the stage for the RNDR token to attempt to test its upper high of $12 by the weekend.
Conversely, if a trend reversal occurs, the bulls will lose momentum and fall to test its support level of $9.224. Further, if the bears continue to overpower the bulls, it will continue bleeding and test its lower support level of $8.10.
#TrendingTopic #Write2earn
The RNDR price traded in a closed range between $4.470 and $5.156 for a period, after which the bulls recorded a jump of 20.73. However, the rally was short-lived as the price faced rejection at $5.764, following which the price traded sideways for a while.
As the market volatility grew, the bulls gained just enough momentum to break out of the resistance level, where the price displayed a neutral trend for the next few days. Following multiple failed attempts, the bulls successfully regained momentum and jumped over 28% in valuation.
🔥RNDR Price Analysis🔥
Following this, the Render token traded in a consolidated range between $6.699 and $8.10 for the next twelve days. After testing its low of $5.764, the altcoin regained momentum and recorded a jump of over 70% within the last two days.
The technical indicator, MACD, displays a significant jump in the green histogram, highlighting an increase in the buying pressure in the crypto market. Further, the averages show a sharp rise in the chart, suggesting a positive price action in the upcoming weeks
🔥🔥Will RNDR Token Price Go Up?🔥🔥
If the market pushes the price above the resistance level of $10, the bulls will continue to rise and test its upper resistance level of $11. Moreover, if the bulls maintain the price at that level, it will set the stage for the RNDR token to attempt to test its upper high of $12 by the weekend.
Conversely, if a trend reversal occurs, the bulls will lose momentum and fall to test its support level of $9.224. Further, if the bears continue to overpower the bulls, it will continue bleeding and test its lower support level of $8.10.
#TrendingTopic #Write2earn
