Token $RENDER Analyse

$RENDER performed very well today, so far it gain 11.69% growth.

Why does it perform so well? Come with me to see its potential and near-term direction.

In the first picture, we see that the futures price has been moving within the trend line, and it sprinted three times during May this year, all of which were successful. Now that the price of the currency is in front of the trend line, time is of the essence. It depends on whether this token can really break through the obstacles, and multiple trials are not ruled out.

If it can successfully break through the block, it has great potential. The increase may be 30% to 60% or even higher in about 2 to 3 months .

In the second chart, we zoom in to take a closer look at the activity near the resistance line, where buying and selling pressure is now forming a downward sloping flag shape. Then it has great potential to break through the blocking line, and we hope its backtest is successful. The results may be seen in about 6 to 12 hours.

I'm looking forward to its performance.

Finally, let’s understand the general direction of the companies behind the following tokens.

"The Render Network is the first decentralized GPU rendering platform, empowering artists to scale GPU rendering work on-demand to high performance GPU Nodes around the world. Through a blockchain marketplace for idle GPU compute, the network provides artists the ability to scale next generation rendering work at fractions of the cost and at orders of magnitude increases in speed when compared to the centralized GPU cloud."

So it is technology category token. let's see how it performs.

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