Breaking down Render’s 14.51% surge – is 4.5 USD next?

Render’s price surged by 14.51%, moving from a low of 3.2 USD to a local high of 3.8 USD over the past day.

The current trading price is 3.79 USD, reflecting an 18.96% increase weekly. Positive indicators include rising Chaikin Money Flow and MACD, suggesting bullish momentum.

With a drop in exchange inflow and dominant buy orders, investor sentiment is strong. If Render closes above 3.8 USD, it may aim for 4.5 USD.

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