Disclaimer: The contents on Coinotag.com require technical knowledge. Coinotag.com cannot be held liable for any gains or losses and investments are subject to risks. It is important to conduct your own research. The advertisements on Coinotag.com are carried out through third-party advertising channels. Therefore, the ad links referred from Coinotag.com are independent of Coinotag.com's approval and the visits directed through these ad links are the responsibility of the user.
Upon reviewing the current chart, it can be observed that RNDR is approaching the $1.865 resistance, and if it can't break through this resistance, it might experience a decline.
Delving into the recent performance of cryptocurrencies, this article discusses the market's recovery, the struggle of Bitcoin, and the fluctuating prices of altcoins.
In the technical chart of the RNDR coin, it is observed that the price is trying to move above the resistance level of $1.73. However, closing below $1.73 can increase the downward trend and trigger a movement towards the support range of $1.704 - $1.687.
The RNDR token is trading near the $1.734 resistance on its 2-hour chart. If the resistance is broken and a sustained closure is achieved above it, there is potential for an upward movement towards the $1.81 levels. However, if it fails to surpass the resistance, the decline may continue towards the $1.632 target.