• RNDR broke a key downtrend, signaling a potential bullish reversal with a target at $10 resistance.  
• Algorand faces resistance at $0.1549 and $0.221 after breaking daily downtrend.  
• RNDR and ALGO show breakout potential, but both face key resistance levels ahead.

Render (RNDR) and Algorand (ALGO) have broken free from downtrends, signaling a bullish reversal for both.

Render (RNDR) hints at an upward move since breaking through a key downtrend line. The price of RNDR, currently at $6.11, has since gone up noticeably to suggest growing bullish sentiment among traders.

As of today, Render has increased 1.13% in the last 24 hours, with a trading volume of $466 million, which has grabbed the attention of market participants.

Looking at the weekly chart, Render’s price movement against Tether (USDT) on Coinbase reveals a recent breakout above a downward-sloping trendline. This breakout points to a possible reversal of the previous bearish trend, a significant change for RNDR, which had been trading downwa…

The post Render and Algorand Break Downtrends, Signals Bullish Reversals appeared first on Coin Edition.

• RNDR broke a key downtrend, signaling a potential bullish reversal with a target at $10 resistance.  
• Algorand faces resistance at $0.1549 and $0.221 after breaking daily downtrend.  
• RNDR and ALGO show breakout potential, but both face key resistance levels ahead.

Render (RNDR) and Algorand (ALGO) have broken free from downtrends, signaling a bullish reversal for both.

Render (RNDR) hints at an upward move since breaking through a key downtrend line. The price of RNDR, currently at $6.11, has since gone up noticeably to suggest growing bullish sentiment among traders.

As of today, Render has increased 1.13% in the last 24 hours, with a trading volume of $466 million, which has grabbed the attention of market participants.

Looking at the weekly chart, Render’s price movement against Tether (USDT) on Coinbase reveals a recent breakout above a downward-sloping trendline. This breakout points to a possible reversal of the previous bearish trend, a significant change for RNDR, which had been trading downwa…

The post Render and Algorand Break Downtrends, Signals Bullish Reversals appeared first on Coin Edition.