Render Holds Key Support After 29% Drop, Analyst Targets $12

Quick Summary:

Render (RENDER) is currently trading above a crucial support level following a substantial 29% decline from its recent highs.

Amidst widespread market selling pressure, Render’s ability to maintain this technical level could set the stage for a significant price surge in the coming weeks.

Polo’s projection indicates that the price could reach $11.88 by the end of the year, which is a critical resistance level.

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: Hungary

Topics: RENDERUSD Altcoin News Altcoin analysis AI crypto Altcoin news AI Render price Render Render (RNDR)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-31 @ 07:00:42 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 486 words

Reading Time: 3 minutes read

Sentences: 44 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 22311609

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 5 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 11 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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