Render is testing the 4.4 USD resistance while aiming for 7 USD. Recent price surges do not align with increased network activity, raising doubts about their sustainability. Potential price growth to 13 USD hinges on successfully breaking the resistance.
Concerns arise over low investment activity and a downturn in network engagement. Technical indicators suggest that potential buyers should exercise caution, as the price bounce might falter amidst a prevalent distribution trend.
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