• Render’s breakout from the bullish flag pattern signaled a potential rise to $14.
• Increased network activity and liquidations of short positions suggested the potential for continued price gains.

Render [RNDR] has captured significant attention in the market after breaking out of its bullish flag pattern, with its price surging to $8.14, up 8.71% at press time.

This breakout comes after the token achieved a $4 billion market cap, which has piqued the interest of investors and traders.

With key resistance at $10 in sight and a potential target of $14, Render’s next price move could have significant implications for its future.

However, can Render maintain its upward momentum, or is a price pullback imminent?

What’s driving the price action?

Render’s bullish breakout is a clear sign of increasing investor confidence.

The breakout from the bullish flag pattern has set the stage for a potential rally towards the $10 resistance level, a key hurdle that could determine the next leg of its price movement.

If Render manages to break this level, traders may target $14 as the next price objective, marking a potential 70% upside from the current level.

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