Is It Too Late to Buy Render? RNDR Price Climbs 25% Amid Buzz Around a Fresh New Telegram Casino Platform – Time to Buy?
The RNDR price has surged by 25% in the past 24 hours, rising to $2.95 after the cryptocurrency market gained by 2.5%.
Render is now up an impressive 58% in the last 30 days, with today’s push following from excitement surrounding a new governance proposal.
Named RNP-007, the proposal (if accepted) will introduce updates that will make it easier for developers to build large language models using Render’s platform.
Such an update could be big for Render if accepted, yet it’s not the only promising altcoin today, with online betting platform TG.Casino currently in the middle of a very popular presale.
Probably the most bullish thing about RNDR right now is its 24-hour trading volume, which has risen from around $30 million in October to an all-time high of just over $400 million.
This signals a massive spike in interest in the token, as does the coin’s RSI (purple), which has passed 70 again.
The rising RSI is also complemented by RNDR’s 30-day average (yellow), which continues to climb higher above its 200-day average (blue).
What this means is that RNDR is in the middle of a breakout rally, although it’s hard to gauge just how long such a rally may last.
For now, the RNDR price has actually fallen by 3% in the past hour, yet this could potentially be a dip en route to further gains in the next one or two days.
If you panic sold $RNDR don't worry, it's going to 70x at least in bull so buying here is same as buying at $2 or whatever price you are lamenting over missing out on.
You're never to early in a bull run.
Repeat after me: "This is HODL szn" pic.twitter.com/CNXQ4QiYHT
— brandon (@ibunscripted) November 15, 2023
Given that RNDR’s support level (green) has risen quite healthily in the past few weeks, it’s unlikely that it will
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