Solana Breakpoint conference could be saving grace for RNDR holders as Render price eyes 6% fall

token is overbought, rejected from the $2.60 level as the RSI indicator executes a sell signal below signal line. Render price could fall 6% to test the critical support at $2.25 unless bullish momentum increases. The bearish outlook will be invalidated after a daily candlestick close above the $2.60 level. Meanwhile, token holders anticipate November 2, watching for revelations by foundation director Trevor Harries Jones at the Solana Breakpoint meetup.

token holders. Increased selling pressure could stretching Render price below the $2.25 resistance level would clear the clog, with the altcoin likely spiraling to the $2.00 psychological level. In the dire case, the downtrend could send the cryptocurrency to the demand zone, extending from $1.80 to $1.71. If this order block fails to hold as a support and paves way as a bearish breaker, Render price could extend the slump to the $1.

market. Onchain metrics showing Render price bullish potential remains valid Santiment data supports the upside, showing that social dominance for

Source: Digital Coin News (digitalcoinnews.net)

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