📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
RENDER Token Could Be Next Crypto to Spike If This Chart Structure Plays Out
Render (RENDER) could be preparing for another bullish move. This outlook was posted by ZAYK Charts on X, who pointed to a potentially explosive move. According to the chart, Render just broke out of a long-term downward trendline that had held it back since late 2024. This breakout could set the stage for a sharp upward move if the current structure plays out as expected.
Render downtrend began around December 2024, with lower highs and consistent rejection from the same descending trendline. But that narrative changed recently. Render managed to close above the trendline and is now retesting that line from the other side, which is often seen as a bullish confirmation.
ZAYK highlighted this specific setup in his latest chart, noting the importance of the retest. If RENDER can hold above this trendline, it could signal the beginning of a strong uptrend. Price is currently trading around $4.13, and the chart shows that if momentum continues, Render could rally all the way to the $7 level.
@ZAYKCharts / X Render Price Could See 70% Upside
The price projection from ZAYK shows a potential move of nearly 71%, which would take Render price from about $4.13 to roughly $7. This target is not just a random guess. It is based on the breakout and confirmed retest, which often leads to continuation rallies in technical analysis.
It is also important to notice that Render’s current setup follows a pattern seen in other crypto assets that reversed downtrends earlier this year. Many tokens first break resistance, then pull back slightly to test the breakout point, and finally rally when confidence returns.
ZAYK’s chart outlines that exact sequence. The large green box on the right shows the size of the potential move if the trend continues. For traders watching this setup, the trendline retest might be the key signal to watch over the next few days.
RENDER Price Structure Suggests More Upside Ahead
This is not the first time Render has shown strength after a period of weakness. In previous cycles, it has recovered from long drawdowns by bouncing off key support levels and then riding upward momentum when broader market conditions allowed. What makes the current move interesting is that it comes after weeks of steady gains and follows a clear pattern on the daily chart.
Read Also: How Much Could 10,000 Ripple (XRP) Tokens Be Worth Soon?
ZAYK Charts has built a following by tracking these kinds of trendline structures and identifying breakout zones with precision. In this case, he seems to be suggesting that RENDER is one of the more promising tokens to watch right now. The confirmation of this price structure would come if the token continues holding above the broken trendline and starts pushing toward $5 and beyond.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
The post RENDER Token Could Be Next Crypto to Spike If This Chart Structure Plays Out appeared first on CaptainAltcoin.