Render RNDR price shows strong movement

6 may

If we look at the chart of #RNDRUSDT on the daily timeframe, we can see that in recent months, the ‘buyer’ has been aggressively active in the $6-8 range.

Currently, CRYPTOCAP:RNDR is trading in the $10 range, but to be completely convinced of the serious intentions of buyers, I would like to see an aggressive defense of $7.70-8

📝Higher trading volumes in this range, ‘shadows’ on the candles from below, aggressive bounces upwards - all this will indicate that #Render buyers are not planning to let the price go lower.

And this, in turn, will be a good signal to buy the asset with a holding target in the medium to long term.

_____________________
Did you like our analysis? Leave a comment, like, and follow to get more