There are signs of a warming of the AI concept tokens, with RANDER increasing by almost 5 per cent in the day, and a parallel upturn in market activity. As funds re-directed to the relevant assets, investors became concerned about whether the round of rebounds could move from short-line repairs to a more sustainable upturn.
Derivatives trading up.
The CoinGlass data show that RENDER futures will have increased by 57 per cent over the past 24 hours to approximately $39.7 million; unsettled contracts grew by 4.13 per cent to approximately $44.1 million. The simultaneous rise in the two indicators usually means that new funds are available, not just short-line transfers.
This also suggests that market interest in AI-related coins is being restored, with RENDER becoming one of the earlier rebounds.
1.50 United States dollars to support temporary holding
In the light of recent trends, RENDER has secured the $1.50 area on several occasions over the past week, and the price structure has improved over the previous period. Following the latest round of increases, tokens were nearing the previous stage of consolidation, and the power of short-line purchases was increased.
- 24 Merchandise in small periods of approximately $39.7 million
- Unsettled contracts of approximately $44.1 million
- Current critical support position is $1.50.
Market interest on 1.80
The market is now focused first on the resistance position near the US$ 1.62. If prices continue to break, the next step will be to test between 1.80 and 1.86 United States dollars. This area is considered to be critical for the sustainability of the current round ' s rebound, as it adds greater medium-term resistance.
If the price is effective in breaking the above-mentioned zone, the movement of RENDER, which has been under constant pressure since June, is likely to be significantly eased, and $2.00 integers will be the next focus. If the purchaser cannot sustain the 1.50 above, the price may still return to the current consolidation.
