History may not repeat exactly but it could rhyme in ways that suggest what to expect next in price action. One of the past patterns that triggered a major rally for Render (RENDER) seems to be forming again. This observation comes from CryptoED, a well-known crypto analyst who posted a fresh analysis on Twitter.
According to CryptoED, RENDER is currently testing the same support zone that once served as the launchpad for its breakout to $14. This level had previously acted as a strong demand area, and the price is once again bouncing from it. The volume also appears to be stabilizing, a sign that the selling pressure might be drying up while buyers are stepping in.
CryptoED points out that the Relative Strength Index (RSI) is recovering from oversold territory. At the same time, stochastic indicators are turning upward, which suggests momentum might be shifting back to the bulls. This combination is similar to what happened just before RENDER’s last major move.
$RENDER Weekly Analysis$RENDER is once again testing a major historical support zone — the same level that triggered its explosive move to $14 previously. Now showing a strong bounce at this key demand area with volume stabilizing and momentum indicators bottoming out.… pic.twitter.com/p0e8q8ZAw3
— CryptoED (@Crypto_ED7) June 6, 2025
A Calm Phase Before RENDER Breakout?
The current setup is starting to look like a repeat of the bullish structure that led to Render’s previous rally. CryptoED describes it as “the calm before the breakout.”
If the price holds above this critical support, he believes the next leg could be significant. There is growing optimism that the price could shoot up again, especially if broader market conditions stay favorable.
This kind of setup often draws in both technical traders and long-term holders who see potential for another parabolic move.
Momentum Building in the Background for Render Price
Even though Render has not yet made a big move upward, subtle signs of recovery are visible. The RSI and other momentum tools suggest that sellers are losing strength. The price action is showing more confidence around this support zone compared to previous dips.
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Traders will be watching this level closely. If Render can stay above it and start pushing higher with stronger volume, there is a real chance of a trend reversal that mirrors the past run to $14.
While nothing in crypto is guaranteed, the chart pattern forming on Render is getting attention for good reason. The last time this support zone was tested, it led to one of the coin’s biggest rallies. If history does rhyme, we may be on the verge of another explosive move. Analysts like CryptoED are keeping a close eye on it, and now, so are many investors.
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