Render (RNDR) successfully broke through the $10-$10.2 resistance range, indicating a surge in bullish momentum. The token's price surpassed the 4-hour Ichimoku cloud, reaching $10.8, a crucial resistance level. The daily Ichimoku cloud supports further bullish movement, with key support at $10. A breakout above $10.8 could push RNDR towards $11.3-$11.5. However, a failure to maintain this momentum may lead to a correction, with support found between $9.9 and $10.2.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
