Render Price Prediction for Today November 13 – RENDER Technical Analysis

Render’s price prediction shows that it could trigger an uptrend if the market price manages to regain the resistance level of $7.60.

Rendering statistical prediction data:

• Render Price Now – $7.13
• Rendering Market Cap – $3.66 Billion
• Circulating rendering supply – $517.69 million
• Total rendering bid – $532.45 million
• Coinmarketcap Rendering Ranking – #28

The RENDER token has seen impressive growth since its debut, with its all-time low of $0.03676 in June 2020 marking a staggering 18,743.46% increase to its all-time high of $13.60 in March 2024. Despite a recent decline of -49.05% from the all-time high, early investors who entered at the low made substantial gains, highlighting the potential rewards of early involvement in crypto projects.

RENDER/USD market

Key levels:

Resistance Levels: $9.0, $9.5, $10.0

Support Levels: $5.5, $5.0, $4.5

The daily chart of RENDER/USD reveals a notable bullish breakout, signaling further upward momentum for Render Token after a period of limited movement. This recent surge above key resistance levels indicates a potential change in trend, with Render aiming for higher price targets. Compared to other altcoins, Render has been lagging but now appears poised for growth as the 9-day moving average surpasses the 21-day moving average to show strengthening market interest.

Rendering Price Prediction: Rendering Could Head Up

At the time of writing, Render price is likely to surge higher if the bulls increase the pressure. However, if the coin falls below the 9 and 21 day moving averages, the market price could reach the lower boundary of the channel. But if the price breaks above the upper boundary of the channel, then traders can expect a bullish continuation to the upside as possible resistance levels could lie at $9.0, $9.5, and $10.0 .

However, the presence of new long positions and the liquidation of short positions around resistance levels can create buying pressure, reinforcing the upward trajectory. However, as buyers maintain support, Render could reach its next target near $7.6, with the potential for further gains if this momentum persists. Meanwhile, RENDER/USD may further fall below the 9-day and 21-day moving averages, and a bearish extension could roll the coin towards long-term support at the $5.5, $5.0, and 4 levels. $.5.

RENDER/BTC prepares for a bullish move

Against Bitcoin, Render is starting to follow the bullish movement, trading above the 9-day and 21-day moving averages. In the case of a crossover above the upper boundary of the channel, it is necessary to increase volume and resistance to cause a market resurgence. Currently, Render (RENDER) is trading at 8033 SAT. Therefore, a move below the moving averages could reach support at 6,500 SAT and below.

Nonetheless, buyers can confirm a bull run for the coin if a bullish move occurs above the channel. Additionally, the nearest resistance lies at 9,800 SAT and above as the 9-day moving average is likely to move above the 21-day moving average, suggesting a bullish movement within the channel.

Meanwhile, @DamiDefi shared his analysis with his followers on X (formerly Twitter), highlighting that $RENDER managed to break out from its previous resistance levels. He predicts that $15 is now the next major target, indicating strong potential for further gains as momentum continues to build.

$RENDERED broke!

$15 is the next step ✍️ pic.twitter.com/gIWmRzWp69

– Dami-Defi (@DamiDefi) November 11, 2024

Rendering Alternatives

Render recently broke out above its previous resistance zone of $7.0 to $7.6, establishing this level as new support and establishing a solid base for further upward movement. The next key resistance for Render is the psychological $8 mark, a critical level for sustained growth on the daily chart. Meanwhile, PEPE Unchained, a new coin project with a layer 2 ecosystem that includes a DEX, bridge and block explorer, raised $28.5 million in its ICO/IDO, sparking interest considerable investor interest due to its unique utility and expanding ecosystem.

PEPE UNCHAINED MEME Coin Raises $28M – Next 100X Potential CRYPTO

PEPE Unchained presents a unique investment opportunity as market conditions favor meme coins, and the project is well-positioned to benefit from this growing interest. With $28.5 million raised and a strong layer 2 ecosystem including a decentralized exchange (DEX), bridge, and block explorer, PEPE Unchained offers real utility beyond the typical coin hype. Investors can easily join the presale by connecting MetaMask, WalletConnect, or Coinbase wallets to exchange Ethereum or Tether for PEPU tokens, which can be traded on the DEX after the presale.

Visit Pepe Unchained

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