Render (RENDER) rallied to a two-month high this week as buyers returned to both spot and futures markets with conviction, though profit-taking quickly checked the advance. Price action and volume - After an earlier run stalled and the token slid to $2.03, RENDER mounted a sharp recovery — jumping roughly 22% from about $2.20 to a two‑month peak of $2.70, clearing the 20-, 50- and 100‑day EMAs in the process. - At the time of writing, RENDER had pulled back to $2.47, still up 8.2% on the day. Trading volume climbed sharply, surging 230% to $242 million, a sign of renewed market interest. (Source: TradingView) On-chain and accumulation signals - Market positioning shifted notably the week of Jan. 11–12. Accumulation metrics showed buyers moving back in on Jan. 11: Accumulation Volume jumped to 13.16 million and Accumulation/Distribution Volume reached 8.88 million, flipping the prior distribution trend and signaling buyer control. - Accumulation momentum eased on Jan. 12, with accumulation daily volume (ADV) dropping by 4.22 million, though buyers remained present. (Source: TradingView) Buyer vs. seller strength - The Buyer vs. Seller Strength indicator on TradingView illustrated the tug-of-war: on Jan. 11 buyers’ strength spiked to 70 while sellers lingered at 29. By Jan. 12 sellers showed much greater conviction — their strength climbed to 93 — consistent with increased profit-taking that threatens near-term upside. Derivatives and futures demand - Despite some weakness in spot after the two‑month high, appetite for futures intensified. CoinGlass data shows derivatives volume jumped 249% to $508 million and open interest rose about 30.96% to $78.43 million — typically a signal of expanded participation and capital flowing into futures. - Futures flows reported $168.55 million in inflows versus $165.05 million in outflows, pushing the futures netflow up 700.26% to $3.5 million. RENDER’s long/short ratio moved to 1.02, with Binance traders driving most activity — a ratio above 1 implies slightly more longs than shorts. (Source: CoinGlass) Technical outlook - Momentum indicators reflect the conflict: RENDER’s RSI cooled from 75 to 69, still inside bullish territory but showing growing downward pressure as sellers take profits. - Scenario analysis: if buying momentum reasserts itself, RENDER could retest the EMA200 near $2.70 and push toward resistance at $3.50. If sellers continue to dominate, the market could retrace toward $2.10. Bottom line RENDER cleared last week’s losses as buyers accumulated across spot and futures markets, but immediate upside faces resistance from profit-taking. The next directional move will depend on whether renewed buyer conviction can absorb seller pressure. Sources: TradingView, CoinGlass. Reporting and analysis by AMBCrypto. Disclaimer: AMBCrypto's content is informational and not investment advice. Trading cryptocurrencies carries high risk; do your own research before making decisions. © 2026 AMBCrypto Read more AI-generated news on: undefined/news