RENDER price surge cements its position as a top AI coin, though BBTrend now signals potential corrections.
While RENDER shows a bullish EMA setup, declining BBTrend suggests selling pressure and market focus shifts.
It could test $11.9 if momentum recovers or drop to $7.1 if selling pressure intensifies.
RENDER price recently surged, and the coin achieved a market cap of $5 billion, cementing its position as one of the leading AI coins. While its EMA lines indicate a strong uptrend, with RENDER price above all key averages, shifting market sentiment has led to a negative BBTrend, signaling potential challenges ahead.
If momentum recovers, its price could test resistance, possibly overtaking TAO as the largest AI coin. However, if the negative trend deepens, RENDER could face a correction.
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