Zoye

06/02 02:29

RENDER Price Forecast: Bullish Momentum Builds Tow

RENDER Price Forecast: Bullish Momentum Builds Towards $4 ResistanceCboe-Revolutionizes-Crypto-Trading-with-New-Bitcoin-Futures-Product-2025-06-01T231020.804-768x432.jpg

RENDER is showing signs of a potential bullish reversal after breaking above the 5-day and 10-day EMAs and approaching the 20-day EMA.

The MACD histogram has turned positive, signaling a possible bullish crossover and growing momentum.

RSI is recovering from oversold territory, suggesting that selling pressure is easing and buyer interest is returning.

Key levels to watch include support at $3.75 and resistance at $4.00, which could define the next major move.

RENDER is on the way to its upward momentum and moving above the 5 EMA and 10 EMA and moving around the 20 EMA, and to continue its rebound, it must break above this level. The price is gaining strong momentum. If RENDER continues to trade above the support trendline, a rally would be expected, whereas in the case of rejection, lower support could provide a nice entry zone.

At the time of writing, RENDER is trading at $3.80 with a 24-hour trading volume of $77.08M and a market cap of $1.97B. The RENDER price over the last 24 hours is up by 1.42%, and over the last week its price has been hit by market volatility and is down by 16.39%, with the high potential for the next major journey.unnamed (12).png

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