CandleFocus Render Token (RNDR) Struggles to Keep Pace with Rival AI Coins
2024-10-10
Author: Content Editor
The price of Render (RNDR) has been struggling compared to other AI-focused cryptocurrencies, indicating a lack of interest from larger holders or whales. The number of big RNDR holders has significantly decreased since July 2024, suggesting a loss of confidence from major players. RNDR is falling behind its competitors in key areas and has experienced the largest price decline among major AI tokens. Additionally, RNDR's trading volume is much lower than its competitors, indicating a lack of market interest. However, there are some indications, such as a less negative BBTrend, that suggest RNDR may have a chance to recover if it can regain market interest. The asset's price is currently in a potential downtrend, but if it regains momentum, it could test resistance levels and potentially see a significant price gain.
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