Render (RNDR) has turned his course upwards: All eyes are on him!

Render (RNDR), one of the leading names in artificial intelligence-based coins, received a reaction from a critical level and accelerated upwards.

The RNDR, which is seen as one of the most potential coins of 2024, has been moving downwards since testing $5.27. The popular coin, which could not recover due to the heavy sales in spot BTC ETFs, gradually started to give positive signals. In addition, despite the uncertainty in the market, the RNDR, which turned its course upwards, ranked fourth in the "Top Riders" list with its increase in the last 24 hours.

He's trying to get back on his feet after a hard fall!
The RNDR, which fell by 36% in total shortly after hitting a pin at $5.27, is in the process of recovering. The artificial intelligence coin, which has managed to maintain the $3,764 level as support now, may target $4,388 – 4,854 – 5.27 – 5,762 and $6,10, respectively, especially with the end of the pessimistic mood in BTC. In this process, developments in the artificial intelligence sector will be of critical importance.

The lack of interest in the field of artificial intelligence as before, the downward pricing of the BTC or the sharp increases in the dominance of the BTC will naturally increase the sell-side transactions in the RNDR. In such a scenario, pullbacks up to $4,047 – $3,764 – $3,293 – $3,022 – $2,654 and $2,452 can be observed, respectively. If the green box is lost, a period of sharp decline may begin for the RNDR.

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