As we wrote in our previous article, if Render fails to make contact with the visible support and subsequently closes the day, it seems that there is a significant possibility of experiencing a decline scenario, which is not very clear-cut but we estimate that it will drop to around $ 3.54. For a large coin like Render to drop to $3.54, it means that it loses almost 75% of its value, although this is not very possible, it is not a small possibility.
F.s.s.
Should we take short trades?
- We do not recommend Render, it is a big coin and it may be a matter of time before it rises with the transition to the Solana network, but with the decline of BTC, it may put a little more pressure on its investors. We recommend gradual spot buying from a beautiful spot
Is it true that some renders have disappeared from exchanges?
-We have not come across a news site confirming this, but this may be the reason for the consecutive declines. If the news is true, it will suffer a serious loss in the Render Fundamental section and upset its investors.
Will Solana network be good for rendering?
-Of course, it will be good. Solana is the best network after Ethereum. Even though it encounters clogging problems, Solana is undoubtedly the best network after Ethereum.
Is it a security problem that Render does not have a maximum supply restriction?
-Ethereum is not limited in its maximum supply, dear investors, this does not impose a definitive judgment on any coin, but yes, it is good to be viewed negatively and approach cautiously, especially for coins that are in bad rankings in terms of market value, this is something that will put them in the dangerous category. $SOL