1
Render fell sharply after the breakdown below the psychological level of $10.
2
RNDR price was stabilizing near the 200 day Exponential moving average at press time.
The Render crypto was stabilizing near the 200 day Exponential moving average in recent sessions. The bears were dominating the short term trend as the price slumped nearly 25% in the last two weeks.
RNDR crashed sharply after breaking below the $10 level and made its way towards the 200 day EMA. Moreover, the $7 level may act as a strong demand zone from which the price may bounce back. Moreover, the social metrics seem to be cooling down indicating a waning interest of the investors and community members.
Social Metrics Shows Waning Interest of the Investors
As per the data obtained from a financial website app.santiment.net the social metrics like social volume and social dominance seem to be cooling down. The Social sentiment curve has been on a continuous decline since
We współpracy z: https://www.thecoinrepublic.com/2024/06/23/can-render-price-rise-from-the-support-or-continue-to-plunge/
