The post Render Token Breakout: Is a New ATH on the Way? appeared first on Coinpedia Fintech News
Render Token (RNDR) is on the move again, climbing 8.64% in just 24 hours to hit $7.65. After months of struggling with resistance, this breakout has sparked fresh optimism. But with big hurdles still ahead, will RNDR keep climbing, or is this just a short-lived rally?
Finally Breaking Free
It’s been a tough few months for RNDR. The token was stuck in a descending channel, unable to make real progress. But this week, it broke through a key resistance at $6.67. That level had held it back for a while, so moving past it was a big win for buyers. An X user with the history of sharing insightful charts shared his finding of Cup and Handle formation in the token chart.
This rally didn’t come out of nowhere, though. The $4.00 support proved to be a solid base, giving buyers the confidence to step in. Now, RNDR has its sights on $12.05, a level where sellers have taken control
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