Market Dynamics Driven by Ongoing Interest in Render Coin

Render’s price has surged by 8.5% within the past 24 hours, reaching a current value of $10.8. This cryptocurrency is on the verge of validating a pattern known as the double bottom formation, or the W model. The double top formation is a pattern frequently observed in technical analysis, featuring two consecutive peaks at similar levels. Once the price drops below the support level of the neckline, there is a possibility of a trend reversal from an upward trend to a downward trend.