Render Analyst Predicts ‘Biggest Buying Opportunity’ For RNDR Price – Here Are Bullish Targets

A tweet from Doc Crypto explains that Render’s RNDR is about to present the “biggest buying opportunity” since January 2024.

Based on the post by the crypto analyst, the price of Render is within a demand zone between $4.6 and $5.25, and this is crucial to maintain a bullish trend.

Read Also: Traders Bullish on Bitcoin, Ethereum, XRP, and Solana as August Begins; BNB Lags Behind: Here’s Why

Price holding above that level is expected to trigger a new bullish move.

Securing Profit Is Important

He also talked about the importance of taking profit. The last time RNDR price rose to $15 to $20, some people were able to secure profit. The analyst sees it as a good move since nothing is guaranteed in the market.

He pointed to his greatest mistake of not taking profit when the price of RNDR rose by 35x in March.

This time the analyst sees a good buying opportunity at the current demand zone. He aims to take profit at around $15 to $25.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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