Is It Too Late To Buy RNDR? Render Price Pumps 12% After Apple Mentions Octane And This Might Be The Next Crypto To Explode

General

Join
Our


Telegram
channel
to
stay
up
to
date
on
breaking
news
coverage


The
Render
price
has
soared
12%
in
the
last
24
hours
and
49%
in
the
past
week


to
trade
at
$11.46

as
of
7:25
a.m.
EST
on
a
12.5%
surge
in
trading
volume
to
$568
million.


The
spike
in
the
RNDR
price
came
after
Apple
vice
president
of
platform
architecture
Tim
Millet
mentioned
Octane,
the
3D
rendering
software
powered
by
the
RNDR
network,
in
a
presentation
about
the
new
iPad
Pro
and
its
M4
chip.


”Pro
rendering
apps
like
Octane
will
flat-out
fly,”

he
said.


Render
Price
Bulls
Initiate
A
Bull
Rally
Above
The
Bullish
Pennant


Render
has
bounced
back
strongly
from
the
lower
trendline
of
the
bullish
pennant.
The
bullish
pennant
formation
indicates
a
possible
ongoing
upward
trend.
This
pattern
implies
that
the
bullish
momentum
could
persist,
potentially
pushing
prices
beyond
the
previous
high
of
$13.96.

Render Price


RNDRUSDT
Analysis.
Source:
Tradingview.com


Render
price
is
also
treading
above
the
50-day
and
200-day
simple
moving
averages
(SMAs).
Moreover,
the
200-day
SMA
provides
firm
support,
maintaining
the
overall
bullish
sentiment
in
the
market.
The
price
surpassing
both
the
50-day
SMA
and
the
upper
trendline
of
the
pennant
confirms
the
anticipated
uptrend.


Moreover,
the
Relative
Strength
Index
(RSI)
has
bounced
back
from
the
36
level
past
the
50
midline
at
50
to
68
near
the
overbought
region,
indicating
strong
buying
pressure.
If
this
momentum
continues,
the
RSI
might
enter
the
overbought
zone.


The
Moving
Average
Convergence
Divergence
(MACD)
indicates
positive
signals,
with
green
bars
and
a
recent
crossover
above
the
signal
line,
boosting
confidence
in
Render’s
bullish
outlook.


Render
Price
Bulls
May
Propel
The
Momentum
To
$16.22
High


Looks
like
the
Bulls
are
gearing
up
for
a
rally
above
the
bullish
pennant,
which
could
push
prices
up
to
a
new
high
of
$16.22
in
the
upcoming
weeks.


However,
if
bears
gain
control,
they
could
apply
downward
pressure,
causing
the
price
to
decline
to
$9.82
within
the
pennant.
Further
downward
pressure
could
result
in
a
retracement
toward
$7.53
near
the
pennant’s
lower
trendline.


Mega
Dice
Presale
Hurtles
Towards
$1
Million
Goal


As
traders
ride
Render’s
bullish
momentum,
some
investors
are
wondering
if


Mega
Dice
(DICE)

might
be
the
next
crypto
to
explode.


Mega
Dice
is
an
established
heavy
weight
in
the
crypto
casino
after
launching
last
year.
The
platform
enables
betting
with
digital
currencies,
offering
privacy,
fast
transactions,
and
low
fees.
Now,
it’s
taking
things
up
a
notch
by
introducing
the
DICE
token.


Mega
Dice
boasts
about
50,000
registered
users,
10,000
of
whom
actively
bet
around
$50
million
monthly.
That’s
a
solid
foundation
for
creating
demand
for
its
DICE
token.


Token
holders
are
also
in
for
some
great
perks,
with
a
massive
$2.25
million
airdrop
spread
out
over
three
seasons,
cool
NFT
rewards,
daily
bonuses
that
depend
on
the
casino’s
performance,
and
some
extra
investment
bonuses
for
those
early
birds
in
the
presale.


Crypto
analyst
and
Youtuber
Crypto
Boy
says
that
DICE
can
potentially
surge
100X
after
it
launches.


DICE
is
priced
at
$0.069
and
has
already
raised
over
$884k
in
its
presale. 



Buy
DICE
on
the
official
website
here
using
SOL,
ETH,
or
BNB.


Related
Articles

Mega
Dice
–
Newest
GambleFi
Token

Mega Dice

  • Established
    Crypto
    Betting
    Brand
  • Featured
    In
    Cointelegraph
    –
    First
    Licensed
    Telegram
    Casino
  • Presale
    Live
    Now
    –
    megadicetoken.com

Mega Dice

Join
Our


Telegram
channel
to
stay
up
to
date
on
breaking
news
coverage

You might also like More from author

Comments are closed.