Render Token Price and Holdings Trending Bullish As Investors Accumulate and Supply Tightens
-
Render (RNDR) price in focus as supply on exchanges has consistently decreased, signaling investor accumulation and confidence.
-
Render Mean Coin Age (MCA) has increased over the past week, indicating a trend of holding/accumulation rather than trading.
-
Declining RNDR supply on exchanges typically a bullish signal, suggesting tokens being withdrawn to hold long-term.
-
Exponential Moving Averages (EMAs) converging around current price, balanced between buyers and sellers currently.
-
If uptrend starts, RNDR could break previous ATH of $13.46; support at $10.30, or could fall to $5.90 zone if not held.