Render (RNDR) Price Action Shows Bullish Momentum: Key Resistance and Support Levels

In addition to it, Analyst LLuciano BTC gave a bul

Render (RNDR) Price Action Shows Bullish Momentum: Key Resistance and Support Levels

Render (RNDR) Price Action Shows Bullish Momentum: Key Resistance and Support Levels

In addition to it, Analyst LLuciano BTC gave a bullish call in his recent post. He articulated that the Render price flipped from the demand zone and entered into the bullish trend. A continuation of the upmove may push the token toward $10-$12 in the next few weeks.

Source: Coinglass
Source: Coinglass

Furthermore, the OI-weighted funding rate stayed in the positive zone, replicating the bullish sentiment. Also, the long to short ratio stands above 1 hints that more traders are taking long positions.

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