4 days ago
12
Key Takeaways:
- RENDER up 32% in past 7 days, breaking above all three SMAs.
- 394 active addresses and 118 new wallets, highest since March 12.
- $2.48 resistance is the last barrier before 2026 high retest.
- Break above $2.48 opens path to approximately $2.70 January peak.
- Failure to hold current levels brings $2.20-$2.25 support into play.
RENDER is trading at $2.357 today, up 32% for the week, and the move has substance behind it. Price broke above all three moving averages in a single candle – SMA50 at $1.888, SMA100 at $1.744, and SMA200 at $1.748, on volume of 9.79M, the highest daily volume seen in months. The SMA100 and SMA200 are sitting just four cents apart, which makes that $1.74-$1.75 zone a particularly strong floor if price were to pull back sharply.
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