According to Mihir (@RhythmicAnalyst), Render's key support is identified at 5.8 USD. The cryptocurrency exhibited an inverse Head and Shoulders pattern, but the right shoulder has shown distortion over the past two weeks, indicating potential weakness in the pattern. Traders should monitor this support level closely as a breach could signify further downside.

According to OnchainDataNerd, a wallet identified as 234WJ, associated with Ceffu, has recently withdrawn a substantial amount of tokens valued at $34.2 million from Binance. The withdrawal includes various tokens: 100,000 BNSOL worth approximately $22.18 million, 20,916 SOL valued at about $4.55 million, 506,700 RENDER amounting to around $4.48 million, 5.265 million PYTH worth $2.46 million, 137,000 WIF totaling $383,000, and 39,700 IO valued at $150,000. This movement could indicate strategic asset reallocation or other financial maneuvers by Ceffu, potentially impacting the market sentiment around these tokens.

According to @CoinbaseIntExch, Coinbase will add support for perpetual futures of Render (RENDER), Saga (SAGA), and Threshold (T) on both Coinbase International Exchange and Coinbase Advanced. The new markets, RENDER-PERP, SAGA-PERP, and T-PERP, will commence trading on or after 9:30am UTC on August 29, 2024.

According to @CoinbaseIntExch, Coinbase International Exchange and Coinbase Advanced will add support for perpetual futures of Render (RENDER), Saga (SAGA), and Threshold (T). The new markets for RENDER-PERP, SAGA-PERP, and T-PERP will open on or after 9:30am UTC on August 29, 2024.

According to @dydxfoundation, the dYdX community has successfully passed a vote to update the RNDR-USD ticker to RENDER and adjust its market parameters. This change reflects community consensus and aims to improve market clarity and trading efficiency.

According to @dydxfoundation, the dYdX community is currently voting on whether to update the RNDR-USD ticker to RENDER and adjust its market parameters. The vote will conclude on August 12, 2024, at 17:15 UTC.