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Joining the broader cryptocurrency market uptrend today, Render Token (RNDR) has exhibited bullish price action for most of the day. The RNDR price touched its 50-day moving average for the first time in almost two months earlier today.
However, selling pressure has once again pushed the cryptocurrency back to its familiar consolidation resistance zone of $1.499 to $1.531. It currently trades at $1.504, still maintaining a respectable 3.65% increase so far today....
Read More: Is It Too Late to Buy Render? RNDR Price Turns Green and Launchpad XYZ Uses AI Data to Find Out When to Buy the Dip
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