Cryptocurrency Render Up More Than 9% In 24 hours
Portfolio Pulse from Benzinga Insights
Render's cryptocurrency (RNDR) has seen a 9.54% increase in price over the last 24 hours, reaching $7.79, despite a 9.0% decrease over the past week from $8.66. The coin's all-time high is $13.53. Trading volume has risen by 9.0% in the past week, and the circulating supply has increased by 0.5% to over 386.97 million, which is 72.73% of its max supply of 532.07 million. RNDR's current market cap ranking is #36 at $3.02 billion.
May 01, 2024 | 7:02 pm
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Render's cryptocurrency (RNDR) experienced a 9.54% increase in price to $7.79 over the last 24 hours, despite a weekly decline of 9.0%. The trading volume and circulating supply have also seen increases.
The short-term price increase of RNDR, despite its recent weekly loss, indicates a potential rebound or correction in its price trajectory. The increase in trading volume suggests growing investor interest, which could further support its price in the short term. However, the recent volatility highlighted by the Bollinger Bands suggests that investors should be cautious.
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