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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Why $RNDR would soon be above $2 soon ?
$RNDR token has been in a downtrend after making a 10X move in 2023.
🔹The obvious reason for such a drop in price was increased number of selling after big gains which is expected.
🔹 $RNDR is slowly recovering from this phase after the accumulation numbers have started to improve from the bottom
🔹The price bounced from the golden pocket above ($1.3) which makes it a strong support for further gains.
Increasing use-cases , developments and market conditions going into 2024 make a strong case for $RNDR to return above $2 and possibly break the long term resistance above $2.7.
🔸Recent Updates from $RNDR : 📜
- The @rendernetworkis preparing to implement the Open Compute initiative passed in RNP-004, enabling AI/ML GPU workloads to be performed on the Render Network.
- $RNDR was featured in a article "Web3 Could Change the Business Model of Creative Work"
#ContentStar# #GateioBountyCreator# #BountyCreator# #GateLive# #contentstar# #NewsMessenger# #HotTopicDiscussion#