Render Crypto Becomes The Top Gainer: Know Daily Price Targets
Render crypto price surged 6.85% intraday to become the top gainer among the top 100 cryptos according to market cap. The daily chart illustrates a breakout of a bullish flag pattern. The breakout of this has hiked the price by over 20% in the last 1 week. The price trend analysis states that the crypto entered a short-term correction phase after experiencing a selloff from a round level of $3 in the last week of May. Since then, the RNDR price struggled but kept declining in the channel and reached a low of $1.2 by the end of August. Moreover, the bulls started accumulating from the very start of September and defended the lows which resulted in a breakout of the channel with rising volume and the price surged higher. The breakout of the bullish flag has shifted the short-term trend in favor of buyers. The volume analysis shows that the RNDR crypto has received $47.04 Million in volume in the past 24 hours which is almost 67.19% more than the last days volume. The crypto holds a market cap of $692.8 Million and ranks 48th in the overall crypto market. The volume-to-market cap ratio is 4.73% indicating a mild volatility in the









