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Crypto•14 April 2026•

1 min read

Render (RNDR) Forms Bullish W-Pattern Targeting $2.64

Golden Bitcoin symbol in front of a screen showing cryptocurrency price charts

Key Facts

1Render (RNDR) price increased by 3.55% on April 9 as technical recovery signs emerged.

2A W-pattern (double bottom) is forming on the daily chart, suggesting a potential bullish trend reversal.

3The Supertrend indicator flipped green and the MACD histogram turned positive for the first time in months.

Render (RNDR) recorded a 3.55% price increase on April 9 as technical recovery signals began to emerge on the charts. Technical analysts have identified a W-pattern, also known as a double bottom, forming on the daily timeframe, which suggests a potential bullish trend reversal. Supporting this outlook, the Supertrend indicator has flipped green, signaling a shift in market momentum. Furthermore, the MACD histogram has turned positive for the first time in several months, reflecting growing buyer interest. These combined technical factors set a potential price target of $2.64 for the RNDR token. Traders are now closely watching for a confirmed breakout above the pattern's neckline to validate the anticipated rally.