Following a few weeks of price consolidation, one of the many cryptocurrencies appears poised for a significant increase, according to a key indicator.
The TD Sequential indicator suggests a buying opportunity for Render (RNDR) on its three-day chart, anticipating a potential price rebound lasting from one to four candles, as noted by renowned crypto analyst Ali Martinez in a post on X (Twitter).
This indicator is renowned for identifying potential trend reversals and continuation patterns.
Given this, it may be an appropriate time for traders and investors to consider the coin ahead of its expected price surge. Additionally, in late May, crypto analyst “Doc Crypto” set a target of $20.
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Kaspa (KAS) achieves historic market high prices in the cryptocurrency market; however, it can be unpredictable. Conducting thorough research, considering all associated risks, and monitoring the latest news is sensible, rather than relying solely on expert analyses and price forecasts.
At the time of writing, RNDR is trading at $7.5, reflecting a 2.5% daily gain.
