RENDER Flashes Red With 18% Short-Term Loss – Details
Bearish sentiment remains supreme in the market today as RENDER flashes red, losing more value on the weekly timeframe. According to CoinGecko, the token bled by 18% since last week, continuing the bearish market consensus. With the market continuing to underperform, the altcoin might be on the pain train in the next couple of weeks. Related Reading: SUI Crashes 23% As September Unleashes Market Panic—Is A Comeback Possible? However, the market has shown signs of a possible flip in sentiment with Bitcoin and Ethereum retesting their crucial resistance levels in the short term. But with a....
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In the volatile world of cryptocurrency, savvy investors are constantly on the lookout for the next big opportunity to maximize their returns. Recently, Render (RENDER) has captured the attention of many with its impressive performance, but another contender, Mpeppe (MPEPE), is quickly gaining traction as a potential powerhouse. As Render (RENDER) investors consider diversifying their […]
Ethereum’s short-term market structure has been flashing some signs of weakness as of late Although the cryptocurrency has mainly been consolidating and has lacked directionality, there is currently significant uncertainty within the entire crypto market This could continue perpetuating investor fear, potentially causing assets like ETH to see further downside in the days and weeks ahead One trader is particularly watching for another $300 test for the cryptocurrency, noting that although its short-term outlook is […]
An on-chain indicator, notorious for spotting fake bullish breakouts during downside corrections, flashes again. A Bitcoin (BTC) on-chain indicator that spotted dead cat bounces during the yesteryear bearish market corrections has flashed again in August 2021.Dubbed as "Bitcoin: Short Term Holder NUPL," the indicator takes into account the unspent transaction output, or UTXO, of BTC transactions not more than 155 days old. In doing so, it attempts to determine whether or not an investor is profitable within 155 days of purchasing and holding Bitcoin.Therefore, if the NUPL, which stands for....
Render (RENDER) is currently trading above a crucial support level following a substantial 29% decline from its recent highs. Amidst widespread market selling pressure, Render’s ability to maintain this technical level could set the stage for a significant price surge in the coming weeks. Related Reading: Render Pledges To $2m Into Mpeppe (MPEPE) Over The […]
As the cryptocurrency market continues to fluctuate, certain tokens are managing to maintain and even gain momentum despite the broader market volatility. Render (RNDR) is one such token, with its innovative platform and upcoming developments attracting significant attention. However, alongside Render (RNDR), Mpeppe (MPEPE) is also rapidly gaining traction, particularly among investors looking for high-growth […]