Render Price Plunges: Can NVIDIA’s Q2 Earnings Propel RNDR Back to $10?

Quick Summary:

Despite a brief market recovery recently, a correction appears imminent.  The downturn comes just as NVDA, a chip giant and technology company, is set to announce its second-quarter earnings next week on the 28th of August.

Render (RNDR) price, an AI-based altcoin, has been facing downward pressure, declining by 6% over the past week.

If the RENDER cryptocurrency continues its downward trend, it might soon approach the $4.5 support level.

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Article Details

Category: Crypto

Markets: India

Topics: Render Token Render Price analysis Price Analysis Render price Render (RNDR)

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 10:46:57 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 486 words

Reading Time: 3 minutes read

Sentences: 49 lines

Sentence Length: 10 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 22193987

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Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 8 hours ago

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