Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
Render (RENDER) Testing Key Support — Could This Pattern Trigger an Rebound?

Render (RENDER) Testing Key Support — Could This Pattern Trigger an Rebound?

CoinsProbe2025/12/12 01:51
By: Nilesh Hembade
BTC-0.20%RENDER+0.49%ETH+0.22%

Date: Thu, Dec 11, 2025 | 07:00 PM GMT

The broader cryptocurrency market is undergoing notable retracement after the pre-FOMC pump, with Bitcoin (BTC) and Ethereum (ETH) falling over 2% and 5% today. This renewed weakness has added downward pressure on major altcoins, including Render (RENDER), which has seen a fresh 5% decline.

But beneath the surface-level weakness, the chart is revealing a potential bullish setup that may soon come into play.

Render (RENDER) Testing Key Support — Could This Pattern Trigger an Rebound? image 0 Source: Coinmarketcap

Triple Bottom in Play

On the 4H timeframe, RENDER has developed a clear Triple Bottom structure — a well-known reversal pattern defined by three consecutive swing lows reacting from the same support level. In this case, the repeated rejection of the $1.54 support shows that buyers are absorbing the dips and preventing deeper breakdowns.

Inside the highlighted consolidation range, price continues to move between the lower boundary at $1.54 and the upper neckline zone near $1.78. This range has been respected for nearly two weeks, with each touch of the bottom boundary producing a reactionary bounce. The current retest once again brings RENDER into this same demand zone, which in previous cycles triggered strong upward pushes.

Render (RENDER) Testing Key Support — Could This Pattern Trigger an Rebound? image 1 Render (RENDER) 4H Chart/Coinsprobe (Source: Tradingview)

This consistent defense of support leans more toward accumulation than continuation — suggesting sellers may be losing strength while buyers quietly build positions.

What’s Next for RENDER?

If RENDER can hold above the $1.50–$1.54 support region and avoid any candle close below the level, the third swing low would complete the Triple Bottom structure. Such a confirmation could open a move toward the neckline zone at $1.78, roughly 12% above the current price.

A clean breakout above $1.78, ideally supported by volume expansion, would validate the reversal and pave the way for continuation toward the $2.00 region — the next major upside magnet on the chart.

However, a breakdown and close below $1.50 would invalidate the bullish setup and shift focus back toward lower supports.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

The Comeback of Momentum (MMT): A Tactical Move for 2026?

- Momentum investing's 2026 resurgence hinges on macroeconomic clarity, tech innovation, and institutional adoption of systematic strategies. - 2025 performance showed 113-basis-point U.S. outperformance led by Tesla/NVIDIA, bolstered by Fed rate cuts and AI optimism. - Institutional crypto adoption accelerated via $50B+ ETFs and tokenization, with 2-5% 2026 digital asset allocations projected. - 2026 catalysts include regulatory reforms, 74% market correction expectations, and agentic AI/quantum computing

Bitget-RWA2025/12/12 05:26
LUNA Drops 11.32% as Amazon Luna Rolls Out to Xfinity Devices

- LUNA dropped 11.32% on Dec 12 2025 amid broader market sentiment, despite prior gains, with no direct project-specific triggers. - Amazon expanded Luna cloud gaming to Xfinity devices, enhancing accessibility via voice commands and Prime subscriptions. - Analysts note no direct link between Luna's expansion and LUNA token performance, emphasizing macroeconomic and cross-sector influences.

Bitget-RWA2025/12/12 05:20
Financial Wellbeing and How It Influences Long-Term Investment Habits

- Financial wellness integrates economic, behavioral, and technological factors to drive sustainable investment resilience and long-term wealth creation. - Financial literacy and structured planning enhance crisis navigation, with 61% of planners reporting high wellness levels and improved investment discipline. - Emotional resilience through financial therapy reduces stress-related decision-making, particularly benefiting vulnerable groups during income shocks. - AI tools and gamification foster habit for

Bitget-RWA2025/12/12 04:52

Trending news

More
1
The Comeback of Momentum (MMT): A Tactical Move for 2026?
2
LUNA Drops 11.32% as Amazon Luna Rolls Out to Xfinity Devices

Crypto prices

More
Bitcoin
Bitcoin
BTC
$92,159.64
+2.07%
Ethereum
Ethereum
ETH
$3,236.82
+0.92%
Tether USDt
Tether USDt
USDT
$1
-0.01%
XRP
XRP
XRP
$2.03
+0.70%
BNB
BNB
BNB
$886.81
+1.81%
USDC
USDC
USDC
$1
+0.02%
Solana
Solana
SOL
$136.86
+4.29%
TRON
TRON
TRX
$0.2796
+0.03%
Dogecoin
Dogecoin
DOGE
$0.1400
+0.91%
Cardano
Cardano
ADA
$0.4204
-2.44%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter