RENDER Price Jumps 85% — 3 Metrics Now Put the Rally at Risk
The post RENDER Price Jumps 85% — 3 Metrics Now Put the Rally at Risk appeared on BitcoinEthereumNews.com.
RENDER price has surged nearly 85% over the past seven days, making it one of the biggest drivers of the AI sector’s recent strength. The broader AI category is up around 18% over the same period, and RENDER has played a central role in that move. At first glance, the rally looks convincing. Price has accelerated quickly, momentum has returned, and capital flow has improved. But when the data underneath is examined closely, the picture becomes more complex. Sponsored Sponsored RENDER Price Is Rising, But the Bearish Structure Still Holds Despite the sharp rebound, the RENDER price is still trading inside a descending channel that has been in place since early October. A descending channel forms when price makes lower highs over time, indicating that sellers remain in control of the broader trend. The recent rally pushed RENDER toward the upper boundary of that channel, but the price failed to break through. More telling, this rejection occurred despite the trendline having only two clear touchpoints, making it relatively weak resistance. Yet sellers still defended it. That rejection is visible in the candles themselves. Recent daily candles show long upper wicks, which signal selling pressure. Buyers pushed the price higher, but sellers responded quickly near the resistance, forcing the price back down. This behavior often occurs when a rally encounters structural pressure. Capital flow confirms that this was not a weak bounce. The Chaikin Money Flow (CMF) indicator, which tracks whether money is entering or leaving an asset, trended higher while the RENDER price moved lower between October and early January. That showed accumulation during the downtrend. Render Remains In A Downtrend: TradingView Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. As the price broke higher, CMF also broke above its descending trendline and moved…
Filed under: News - @ January 6, 2026 10:28 am