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Home/News Feed/RENDER nears key $1.10-$1.35 demand zone after 91% drop, eyeing breakout above $2.71 for potential 5,000% rally repeat.

RENDER

Rp27,188

-Rp399 -1.45%

RENDER nears key $1.10-$1.35 demand zone after 91% drop, eyeing breakout above $2.71 for potential 5,000% rally repeat.

Technical Signals

24 Mar 2026

Blockonomi

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Bullish

Render (RENDER) has dropped 91% from its all-time high of $13.83, now trading around $1.75 within a critical $1.10-$1.35 high-timeframe demand zone. Analysts highlight the 0.786 Fibonacci level at $0.845 as the optimal accumulation point, with a weekly close above $2.71 needed to confirm a breakout from the descending channel. If this breakout occurs, RENDER could target gains up to $28, potentially repeating its previous 5,000% rally from $0.274 to $13.83. However, a close below $0.845 would invalidate the bullish outlook and risk deeper declines toward $0.60-$0.40 support levels.

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