RENDER Comment and Price Analysis - 20 August 2025 | JrKripto

RENDER Technical Analysis

Analyzing Render chart on a daily time frame, we see that there is clear triangle formation getting narrower. Render has broken down the support level at $3.75 in the middle part of this triangle owing to the recent selling pressure, and it is currently trading around $3.59. The price of the coin has tested the lower trend line of the formation following this breakdown.

The level at $3.50 seems to be the most critical support in the short term. This support level intersects both horizontal support and ascending trend line. It is important to hold above this support level. If the price breaks below this support level, $3.26 → $3.18 → $2.95 will be the next lower support levels to follow.Render must climb above the level at $3.75 again if the price is to test the upper resistance levels at $3.95 and $4.16 towards the upper trend of the triangle. A breakout of the level at $4.16, in particular, could trigger a stronger upward wave in line with the formation's target, which is $4.60 and above.Render is still trading within the triangle formation, and it is drawing near to a critical decision phase. An upward breakout will be the key factor in determining the next direction of the price.

These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.