RNDR Price Surges to All-Time High: Factors Behind Potential Price Drops

Thursday, 7 March 2024, 16:00

Render price recently achieved a new all-time high, sparking profit-taking among retail investors. Despite bullish momentum, whales holding RNDR could trigger a decline if they start selling, potentially pushing the price below $10.

RNDR Price Hits All-Time High

Render price has reached a new all-time high, prompting profit-taking actions by retail investors and signaling potential challenges ahead.

Render Price Rise and Profit-taking

The recent surge in RNDR price brought significant profits to holders, leading to an increase in sell-offs and profit-securing actions.

Whales' Impact on RNDR Price

Whales holding onto RNDR may influence a price correction if they decide to sell, especially if the price breaches the crucial $10 level.

Potential Price Prediction for RNDR

If the $10 resistance level is surpassed, a subsequent fall to $8 is likely, unless whales continue to hold their coins and support the uptrend.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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