The post RENDER: Can it break the $1.88 barrier after 109% volume surge? appeared on BitcoinEthereumNews.com.

Render [RENDER] has surged over 21% in the past 24 hours, at press time, pushing its price to $1.83 as trading volume skyrockets over 109% to $117.93 million. Market capitalization has also climbed sharply to nearly $954.34 million, reflecting a strong expansion in trading participation.  Rising activity across spot markets shows traders actively positioning around the asset. Increased liquidity now circulates through the market as buyers step in aggressively during the latest rally. However, this sharp rise in volume also signals heightened speculative interest rather than slow accumulation.  Such rapid expansion in trading activity often appears when traders anticipate a larger directional move. Therefore, the sudden increase in participation places Render at a critical stage where price reactions around key technical levels could determine the next phase of the rally. Render ‘Adam and Eve’ structure nears breakout Render’s daily chart now displays a developing ‘Adam and Eve’ recovery formation as price rebounds from the $1.23 support region. The first sharp bottom forms the Adam structure, while a rounded base shapes the Eve component of the pattern.  Price has now climbed toward the $1.88 resistance level, which previously triggered a rejection during the last rebound attempt. Buyers continue pushing prices higher as the structure completes its recovery curve. However, resistance near $1.88 remains a decisive level that traders watch closely.  A clear break above this barrier could open the path toward the $2.60 supply zone, where selling pressure previously intensified. Therefore, the pattern now suggests that Render is approaching a structural breakout zone. Source: TradingView The Relative Strength Index has climbed sharply and read 71.5 as of writing. Such elevated readings typically appear during strong bullish phases when buying pressure accelerates rapidly. Traders continue entering positions as the price strengthens, pushing the oscillator deep into overbought territory.  However, high RSI levels often signal that…

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Filed under: News - @ March 13, 2026 7:24 pm