RENDER drops 4.63% to $1.73 after 25% weekly rally
- —Price at $1.73, 4.56% below the intraday VWAP of $1.81
- —Volume of $55.57 million is 65.6% above the 30-day average
- —RSI at 63.3 and stochastic at 73.5: overbought conditions cooling without a reversal
- —Price sits 6% above the $1.65 SMA-200 but 85% below its $11.52 all-time high
Why it matters: As long as RENDER holds above its $1.65 SMA-200, the medium-term uptrend stays intact; a daily close below would invalidate the bullish setup.
Source: DiarioBitcoin