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Is It Too Late To Buy RNDR? Render Price Pumps 12% After Apple Mentions Octane And This Might Be The Next Crypto To Explode

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Render Price

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The Render worth has soared 12% within the final 24 hours and 49% previously week to commerce at $11.46 as of seven:25 a.m. EST on a 12.5% surge in buying and selling quantity to $568 million.

The spike within the RNDR worth got here after Apple vp of platform structure Tim Millet talked about Octane, the 3D rendering software program powered by the RNDR community, in a presentation in regards to the new iPad Professional and its M4 chip.

”Professional rendering apps like Octane will flat-out fly,” he stated.

Render Value Bulls Provoke A Bull Rally Above The Bullish Pennant

Render has bounced again strongly from the decrease trendline of the bullish pennant. The bullish pennant formation signifies a doable ongoing upward pattern. This sample implies that the bullish momentum may persist, probably pushing costs past the earlier excessive of $13.96.

Render Price

RNDRUSDT Evaluation. Supply: Tradingview.com

Render worth can be treading above the 50-day and 200-day easy transferring averages (SMAs). Furthermore, the 200-day SMA supplies agency assist, sustaining the general bullish sentiment available in the market. The value surpassing each the 50-day SMA and the higher trendline of the pennant confirms the anticipated uptrend.

Furthermore, the Relative Power Index (RSI) has bounced again from the 36 stage previous the 50 midline at 50 to 68 close to the overbought area, indicating robust shopping for stress. If this momentum continues, the RSI would possibly enter the overbought zone.

The Shifting Common Convergence Divergence (MACD) signifies optimistic indicators, with inexperienced bars and a latest crossover above the sign line, boosting confidence in Render’s bullish outlook.

Render Value Bulls Might Propel The Momentum To $16.22 Excessive

Appears just like the Bulls are gearing up for a rally above the bullish pennant, which may push costs as much as a brand new excessive of $16.22 within the upcoming weeks.

Nonetheless, if bears acquire management, they may apply downward stress, inflicting the worth to say no to $9.82 throughout the pennant. Additional downward stress may lead to a retracement towards $7.53 close to the pennant’s decrease trendline.

Mega Cube Presale Hurtles In the direction of $1 Million Objective

As merchants journey Render’s bullish momentum, some traders are questioning if Mega Cube (DICE) could be the following crypto to blow up.

Mega Cube is a longtime heavy weight within the crypto on line casino after launching final yr. The platform permits betting with digital currencies, providing privateness, quick transactions, and low charges. Now, it’s taking issues up a notch by introducing the DICE token.

Mega Cube boasts about 50,000 registered customers, 10,000 of whom actively wager round $50 million month-to-month. That’s a stable basis for creating demand for its DICE token.

Token holders are additionally in for some nice perks, with an enormous $2.25 million airdrop unfold out over three seasons, cool NFT rewards, every day bonuses that rely upon the on line casino’s efficiency, and a few further funding bonuses for these early birds within the presale.

Crypto analyst and Youtuber Crypto Boy says that DICE can probably surge 100X after it launches.

DICE is priced at $0.069 and has already raised over $884k in its presale. 

Purchase DICE on the official web site right here utilizing SOL, ETH, or BNB.

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