Render Price Prediction: On-Chain Activity Hits 12-Week High as RNDR Eyes $2.56
Share:
RNDR has seen a surge in on-chain adoption in crypto as daily active addresses hit 394 and 118 new wallets were created in a single day, both 12-week highs per Santiment, marking the strongest on-chain session since February. Futures activity spiked with volume up 174.68% to $377.12M, open interest rising 59.78% and $700.57K in 24-hour short liquidations, while RNDR traded at $2.363 on May 26 after clearing the 0.382 Fib at $1.83 and the 0.5 Fib at $2.19 and now targets the 0.618 Fib at $2.56, indicating bullish momentum for the token and crypto trading flows.
Predictions Markets
See what traders are focused on
- Daily active addresses hit 394 and 118 new wallets created in a single day, both 12-week highs per Santiment.
- Futures volume jumped 174.68% to $377.12M with OI up 59.78%, shorts taking $700.57K in 24-hour liquidations.
- RNDR cleared the 0.382 Fib at $1.83 and the 0.5 Fib at $2.19, now targeting the 0.618 at $2.56.
Render trades at $2.363 on May 26, snapping a four-month ceiling with its strongest on-chain session since February, as the AI infrastructure trade rotates back into GPU compute plays and fresh wallets flood the network at the fastest pace in 12 weeks.
Render Price Chart: Two Fibonacci Levels Down, $2.56 Is the Next Target
The daily chart has flipped. Price cleared the 0.382 Fib at $1.83 and the 0.5 Fib at $2.1965 back to back, closing above both on heavy volume. The Parabolic SAR at $1.776 now sits w…
Read The Full Article Render Price Prediction: On-Chain Activity Hits 12-Week High as RNDR Eyes $2.56 On Coin Edition.
Read More
Cash Cat Price Prediction: Is CASHCAT’s 355% OI Spike the Start of Something or the Top
