Render gains 29% in 7 days – Are whales driving RNDR ahead?

Quick Summary:

An MVRV ratio of 1.48 also suggests that Render is in the early stages of a bull market cycle.

It also shows that traders are opening new positions on RNDR, which could result in more volatile price movements.

As long as Render continues to trade above the short-term and the long-term moving averages, the momentum will remain positive.

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Article Details

Author / Journalist: Muthoni Mary

Category: Crypto

Markets: United States

Topics: Analysis News Altcoin Trading View Social News 1

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 19:30:11 (1 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 537 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 24964244

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 22 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #103

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