Render (RNDR) Rises 8.91%, Outperforms the Crypto Market Saturday

Saturday, March 16, 2024 07:48 AM | InvestorsObserver Analysts

Render (RNDR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Art, Collectibles and Non-Fungible Tokens has added 8.91% to $11.35.

InvestorsObserver is giving Render a 51 Volatility Rank. Find out what this means to you and get the rest of the rankings on Render!

See Full Report

Moderately Volatile

InvestorsObserver gives Render a moderate volatility rank of 51, placing it in the top 49% of cryptos on the market.

The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. RNDR's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Render price is trading near resistance. With support set at $9.68 and resistance near $11.56. This positions Render with potential selling pressures ahead as it may be getting over extended.