📈 Strong Recovery After Volatility: Despite a 40% plunge last week, Render (RNDR) has bounced back, surging 29% in just 48 hours to trade at $7.43. This sharp rebound solidifies RNDR as one of the top performers in the Solana ecosystem.
💼 Whale Activity Surges: On-chain data from IntoTheBlock shows a 10% rise in large transactions, signaling increased whale interest. Historically, such activity often precedes strong upward price movements, boosting investor confidence.
📊 Liquidity Heatmap Bullish Bias: Data indicates a significant liquidity pool around $8.13, suggesting this level could act as a magnet for price action. Bulls may target this zone as the next milestone in RNDR’s recovery rally.
🔥 What’s Next for $RNDR ? Both technical indicators and on-chain metrics paint a bullish outlook. Whale accumulation, rising trading volume, and increased market activity point towards further upside potential.
📌 Key Takeaway: RNDR’s resilience after last week’s drop, combined with whale activity and strong liquidity targets, puts $8.13 firmly in sight. If momentum continues, Render could see further gains in the short term. 🚀📊
Top comments (0)