Render has a market cap of $3.16 Billion and is ranked 29th in the cryptoverse. The VM ratio of the asset price suggests a consolidation while the volume of the asset has seen a decline of over 14% in the last 24 hours. RNDR is currently trading near the value of $8.14 with a slight drop in the intraday session
RNDR token is currently forming weak bullish candles on the daily chart.It is trading below the 50 and 100 EMA on the daily chart. The upside momentum of the asset price can see a halt near the value of $10. Meanwhile, the support of the asset price can be seen near $7.
The RSI of RNDR is currently near 37 with a negative slope in it. The overall sentiment of the RSI is bearish in nature
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