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While there have been declines in the cryptocurrency market for the last few days, Render, which has increased by more than 2 percent today, drew attention. Bitcoin, which dropped to 65 thousand levels and could not hold on to this region for a long time, started to decline again. While the decline has been continuing for 3 days, the Bitcoin price has also decreased from 65-63 thousand to 59 thousand. This 10 percent decrease seriously shook the market. Render also increased to $ 6.5 with the rise of Bitcoin and then decreased to the $ 5.59 region. So, what does the RNDR technical analysis say? Render analysis is with you.
Render Technical Analysis and Comment
Render is currently among the few cryptocurrencies that have risen the most, contrary to the market. The cryptocurrency is spending the day with an increase of more than 5 percent. However, Render, whose balance sheet announcement is expected this evening, is at an even more critical point today.
While the cryptocurrency sector is in turmoil with the Bitcoin decline, the outlook is not good either. However, when we look at the support zone in RNDR, we see the $ 0.055 band. However, the resistance zone is $ 0.06.
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