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Render is gaining attention as one of the top altcoins to watch. Notably, crypto trader Altcoin Sherpa highlighted its solid market structure, which hints at a potential bullish breakout in the near future. As of the latest data, RENDER was trading around $10.28, marking a 3% increase over the past 24 hours.
This upward trend indicates growing investor confidence in the token, making it a compelling option for traders and investors alike. According to experts, the sustained robustness of Render’s market structure adds to the bullish sentiment. If the current momentum continues, RENDER could witness further price gains, driven by both technical strength and market optimism. Traders looking for promising opportunities may want to keep RNDR on their radar in the coming weeks.
Key Render Levels To Watch – October 21
The chart shows a potential bullish reversal for RENDERUSD, with the price holding above the order block (OB) support around $4.450. A break of structure (BOS) is visible near $6.500, indicating a shift towards upward momentum.
The price is expected to push higher towards key resistance levels at $7.870 and $9.300. The Stochastic Oscillator is starting to turn upward, supporting the bullish momentum.
RNDRUSD Key Levels
Resistance Levels: $6.830, $7.8720, $9.3060
Support Levels: $4.4520, $3.4100, $2.0000
LINK Metrics
Total Market Capitalization: $2.38T
Render Market Capitalization: $2.86B
Render Volume: $167.39M
Market Rank: #34
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