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Brace For Impact: Render Poised For A Staggering 990% Surge — Analysts

NewsBTC LogoNewsBTC13h ago

Brace For Impact: Render Poised For A Staggering 990% Surge — Analysts - NewsBTC

Quick Summary:

Related Reading: Helium (HNT) Surges 48% — Here’s What’s Fueling The Rally Conversely, Crypto Alex found Render charts contained a bullish inverse head-and-shoulders pattern that could trigger a significant rally once sellers lose momentum.

The left shoulder, the head as the low, and then the right shoulder all form the inverse head and shoulders, all higher compared to the head.$RENDER bottom is in 🚨 A breakout above $5.2 and RENDER will moon 🚀 pic.twitter.com/ERdQ0SP6Z9 — AMCrypto (@AMCryptoAlex) August 10, 2024 The neckline of this pattern comes in just below $5.2 and is important.

Key Buying Zones: Entry 1: $4 – $3.5 Entry 2: $2 – $1.7 Target: $50 If RNDR can hold… pic.twitter.com/ytL5mul0U0 — Crypto Patel (@CryptoPatel) August 13, 2024 However, Patel said that more emphasis is given to the $3 support level.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

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Article Type: News Report

Published On: 2024-08-14 @ 14:30:52 (13 hours ago)

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News Source URL: newsbtc.com

Language: English

Article Length: 556 words

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Copyright Owner: © NewsBTC

News ID: 22078730

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Official Website: newsbtc.com

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