• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About TronWeekly
  • Write for us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
  • All Posts
  • Advertise

TronWeekly

Crypto World News

  • Home
  • Latest News
  • Opinion
    • Education
    • Best TRON Wallets
    • Beginnerโ€™s guide to TRON
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Bitcoin (BTC)
  • Ripple (XRP)
  • Advertise
  • About TronWeekly
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / All Posts

All Posts

Aerodrome Finance (AERO) Eyes $0.49 After Cup and Handle Formation

By Usman Zafar | Edited By Messam Raza,April 29, 2026, 4:45 AM

Aerodrome Finance (AERO) is moving in a stable to bullish phase despite the cooling-off period in the crypto market. According to CoinMarketCap, the token price has remained stable over the last 24 hours, but it has surged by 21.35% over the last week.

At the time of writing, the token is trading at $0.4606 with a trading volume of $25.95 million, which has declined by 25.8% over the last 24 hours. However, its market capitalization stands at $426.85 million, which is stable.

AERO price chart

Source: CoinMarketCapย 

Also Read: Aerodrome Finance (AERO) Could Bounce to $0.40 or Drop to $0.25

AERO Eyes $0.49 After Cup and Handle Breakout

Furthermore, the crypto analyst Alpha Crypto Signal pointed out that the token has confirmed a cup and handle breakout, a bullish continuation pattern forming after extended consolidation.ย 

The rounded base reflects steady accumulation, followed by a controlled handle pullback. Buyers have now pushed the token above neckline resistance, signaling renewed momentum and a potential shift in market control from sellers to buyers. The breakout structure looks strong.

AERO price analysis

Source: Alpha Crypto Signalโ€™s X Post

If AERO sustains its feet above the breakout region, the bullish scenario will still remain valid, and it could move up to $0.49 and even further. 

However, if the price fails to sustain its feet above the breakout point, there might be a short-term pullback, which will undermine the overall momentum. Overall market reaction remains critical.

AERO Technicals Point to Strong Bullish Recovery

According to TradingView, AERO is enjoying an obvious uptrend as it keeps making higher-high formations. The price is trading above its 20-period exponential moving average, which acts as key support. 

The formation of consolidation is currently taking place below the middle Bollinger band as traders are accumulating ahead of their next direction.

AERO price analysis

Source: TradingView

The uptrend remains intact technically as long as the price holds above the moving averages. The larger the distance between the longer-term 100 EMA and 200 EMA lines, the stronger the momentum. 

Further gains to a break above the resistance level will be seen; otherwise, a breakdown from these levels will lead to a deeper retracement.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: AERO Price Consolidates, Breakout Above $0.40 Could Trigger Uptrend

Filed Under: Cryptocurrency News, Altcoin News

Cardano Strengthens: ADA Eyes 10% Upside From $0.24

By Athulyamol VS | Edited By Messam Raza,April 29, 2026, 4:30 AM

Cardano is showing that it is consolidating; however, its fundamental outlook suggests that Cardanoโ€™s fundamentals are improving. At press time, the coin is trading at approximately $0.245 with a decrease of around 1.1% over the past 24 hours.

Cardano Holds $0.24 Support

ADA is currently stuck in a well-defined horizontal price range based on TradingView’s price chart. On the lower end, there is support around $0.24 – $0.25, and on the upper end, there is resistance at approximately $0.27.

Price action is showing many rejections near the resistance area; this indicates that we have not seen any strong bullish momentum up to this point in time.

The RSI continues to hover in the low-to-mid 40s range, which indicates the momentum is weak to neutral (neither overbought nor oversold); so this seems to match with the range bound price action.

The OBV is still relatively flat after falling; this indicates that there doesn’t appear to be much of an increase in buying pressure at this time. However, the stabilization in OBV volume does provide some evidence that the selling pressure may be lessening.

Overall, the current price structure supports a potential buildup phase where if price breaks above $0.27, it may open the door to a more measured upside price move.

ADA price analysis
Source: TradingView

Also Read: Cardano (ADA) Tests Prominent $0.24: Massive Key Moves Ahead

Governance Narrative Complements Current Price Action

Recently there have been proposals from the Cardano Community helping to further define governance processes regarding the use of Subject Matter Experts to filter through proposals before they come to the community for vote.

By having this type of structure, it reduces duplication of proposals, improves the quality of proposals, and provides a more efficient decision-making process.

Although these types of changes are not going to provide any immediate catalyst for prices, they do provide long-term reinforcement to Cardano’s position as a structured and scalable ecosystem.

In conjunction with the fundamental improvements occurring, along with prices remaining relatively stable, the overall narrative continues to build on the premise of gradually building strength.

How Intersect MBO Committees Were Meant to Act as SMEs Filtering Proposals for DReps, @phillip_pon Explains

During our recent Roundtable Talk on the topic โ€œ๐——๐—ฅ๐—ฒ๐—ฝ ๐—ฉ๐—ผ๐˜๐—ถ๐—ป๐—ด ๐—ฃ๐—ผ๐˜„๐—ฒ๐—ฟ ๐—–๐—ผ๐—ป๐—ฐ๐—ฒ๐—ป๐˜๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป: ๐—ง๐—ต๐—ฒ ๐—ฃ๐—ฎ๐˜๐—ต ๐—™๐—ผ๐—ฟ๐˜„๐—ฎ๐—ฟ๐—ฑโ€, part of the discussionโ€ฆ pic.twitter.com/wxUAz7dRgq

— Cardano Community (@Cardano) April 28, 2026

Currently, ADA is still trading sideways within a predefined price range. Neither RSI nor OBV shows strong momentum, and buyers have not shown significant buying pressure. Recent developments relating to ADA’s governance.

However, do indicate that over time, its fundamentals may improve, providing a relatively positive long-term outlook. In this volatile environment, it is important to wait for the price to break above resistance or below support in order to assess the direction of Cardano’s price.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Cardano (ADA) outlook shows pressure: Could Price Make a bounce to $0.62?

Filed Under: Cardano (ADA), Cryptocurrency News

PENGU Price Targets $0.012 Rally After Flipping Resistance Into Support

By Usman Zafar | Edited By Messam Raza,April 29, 2026, 4:15 AM

Pudgy Penguins (PENGU) is moving in a positive price trajectory despite the cautious optimism in the crypto market. According to CoinMarketCap, , the PENGU price has surged by 3.99% over the last 24 hours and 36.18% over the last week.

At the time of writing, the token is trading at $0.01017 with a trading volume of $429.28 million, which has declined by 18.28% over the last 24 hours. However, its market capitalization stands at $639.81 million, which is up by 3.93%.

Source: CoinMarketCap

Also Read: PENGU Price Rebounds After Breakout, Eyes $0.0135 Resistance

PENGU Momentum Fuels Potential Move to $0.012

Furthermore, the crypto analyst Alpha Crypto Signal highlighted that the token has recently surged in a mini-parabolic move, tracking the broader bullish momentum driven by BTCโ€™s ongoing uptrend.ย 

The token has successfully flipped a key horizontal resistance into support, signaling strengthening buyer control. However, it is still struggling to reclaim the next resistance level, where selling pressure remains active.

Source: Alpha Crypto Signalโ€™s X Post

The token is still bullish and can reach an upward target of $0.012 provided that it sustains its current support level.ย 

A breakdown will likely give rise to a better retracement from the bottom for another chance at buying. PENGU has caught the attention of traders as they await its future movement.

Momentum Indicators Show Strong Upward Potential

According to TradingView, PENGU is indicating a strong bullish reversal formation from the two-day timeframe. The asset had been experiencing a bearish trend from its peak in 2025. However, from March to April 2026, the asset made higher lows. 

The recent uptrend gained momentum, pushing prices up to $0.01011, breaking out from consolidation areas, and clearly indicating a buyerโ€™s stampede.

Source: TradingView

Supporting the trend, the technical factors also highlight an obvious skew in sentiment. The RSI currently stands at 70.54 and is approaching overbought levels. 

This suggests a healthy momentum even as the market prepares for a correction in the near term. Meanwhile, the MACD shows a bullish convergence with an upward-sloping histogram, confirming that the trend has been in favor of the bulls.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Is PENGU Entering a New Bull Cycle After Breaking $0.0082 Resistance?

Filed Under: Cryptocurrency News, Altcoin News

Pi Network (PI) Bullish Breakout Hints at Explosive Move Toward $2.80

By Sajjal Ali | Edited By Messam Raza,April 29, 2026, 4:00 AM

Pi Network (PI) is moving in an upward direction despite the bearish conditions in the crypto market. According to CoinMarketCap, the PI price has surged by 3.23% over the last 24 hours and 12.01% over the last week.

At the time of writing, the token is trading at $0.1876, with a trading volume of $40.99 million, which has surged by 44.71% over the last 24 hours. However, its market cap stands at $1.93 billion, which has surged by 3.34%.

PI current price

Source: CoinMarketCap

Also Read: Pi Network Upgrades Mainnet to Protocol 20 as Smart Contract Rollout Nears

PI Coin Breakout Signals 1400% Rally Potential

Furthermore, the crypto analyst Javon Marks highlighted that the token has delivered a strong breakout above a major resistance trendline that controlled price action for more than a year.ย 

After breaking through, the token successfully retested the level, turning old resistance into new support. This confirms growing bullish momentum and signals a possible long-term trend reversal ahead. Traders are now closely watching this level for continued strength.

PI price prediction

Source: Javon Marksโ€™ X Post

Given that the breakout is already verified, the possibility for the token to enter the beginning of a major rally phase is seen by analysts. 

Based on price targets, there might be a chance that the upside will exceed 1,400% and touch $2.80. Should demand continue, this might only be a mere precursor to an even greater bullish trend ahead.

Technical Indicators Point a Shift to Bullish Reversal

According to TradingView, notable volatility can be observed in the initial months of the year 2026 concerning the value of the token. 

With an impressive decline in value in the month of February to $0.15, a rally in the price was experienced in March to reach $0.28, only for it to fall again. It is currently trading at a value of $0.193, indicating a growth of 5.35%.

PI technical analysis

Source: TradingView

The technical indicators further validate the above surge in the price movement. The Bollinger Bands’ midline is crossed over by the price at the level of $0.186 with a move towards its upper band. 

In addition, the MACD provides a bullish crossover due to the fact that the indicator changes to green in the histogram.

Also Read: Pi Network Reaches 18 Million Verified Users, Challenges Crypto Growth Metrics

Filed Under: Cryptocurrency News, Altcoin News

AI-Driven Crypto Scam Causes 73-Year Victim to Loose $300,000

By Onyi | Edited By Messam Raza,April 29, 2026, 3:30 AM

A growing wave of AI-powered crypto scams and a few hours ago, it left a victim in financial ruins. According to a recent case, investigators revealed how criminals are using advanced tools to deceive and manipulate individuals. The scheme shows how users trust can be exploited in this digital age.

A 73-year-old woman lost nearly $300,000 to crypto scammers after she was being targeted through a messaging app. The scammers pretended to be friendly advisors and slowly built a relationship before introducing a fake cryptocurrency investment opportunity.

The 73-Year-Old woman narrating how the crypto scam operated.

Source: Cbsnews

Source: cbsnews.com

They guided her step-by-step to create crypto wallets and transfer funds. At first, small returns appeared in her account, which made the scheme look legitimate. Soon after, the tone changed. The scammers began asking for larger amounts of money, using emotional stories and pressure tactics to push her further.

When she hesitated, they became aggressive. They claimed she had made a โ€œfatal mistakeโ€ and needed to send more money to fix it. By the time she realized it was a crypto scam, her life savings were gone.

How the Crypto Scam Worked

Investigators shared that the stolen funds were moved through multiple crypto wallets. This process made it very difficult for the money to be traced. The funds were mixed with money from other victims and it was eventually transferred to exchanges, where criminals could withdraw them.

Also Read: Romance Scam Cause Hong Kong Woman to lose HK$2 Million

The security operators say scammers are now making use of AI tools from the dark web. These tools help them write convincing messages, and personalize attacks at scale.

A Rise in Global Threat

Authorities warn that these scams can happen to anyone. Victims are often approached casually, and the conversation slowly turns into financial advice or investment opportunities. The emotional manipulation is a key part of the strategy. Scammers build trust first, then create urgency or fear to force quick decisions.

Officials advise people to verify any investment offer independently. Taking time to double-check information can prevent costly mistakes.

Also Read: Lavish $263 Million Crypto Fraud Sends Californian Man to Harsh Prison Sentence

Filed Under: Cryptocurrency News

Filecoin (FIL) Breaks Out of Falling Wedge: Is a Major Rally to $11.40 Next?

By Usman Zafar | Edited By Messam Raza,April 29, 2026, 3:15 AM

Filecoin (FIL) is moving in an upward consolidation phase with the breakout in sight as the token has broken above the falling wedge pattern. According to CoinMarketCap, the FIL price has surged by 1.17% over the last 24 hours and 1.1% over the last week.

At the time of writing, FIL is trading at $0.9225 with a trading volume of $72.73 million, which has declined by 18.9% over the last 24 hours. However, its market capitalization stands at $714.21 million, which is up by 1.16%.

Source: CoinMarketCap

Also Read: Filecoin Price Prediction: Can FIL Rally to $6.50 After Recent Market Dip?

Filecoin (FIL) Breaks Falling Wedge With $11.40 in Sight

Furthermore, the crypto analyst Javon Marks revealed that FIL has broken above a long-developing falling wedge pattern, a technical structure often associated with weakening selling pressure and potential bullish reversals. 

The breakout suggests buyers are regaining control after an extended downtrend phase, drawing renewed attention from traders watching for momentum confirmation and sustained volume-driven upside continuation in the market.

FIL price analysis

Source: Javon Marksโ€™ X Post

After the breakout, Javon Marks identified possible targets for gains at $2.94, $7.50, and $11.40, based on technical calculations. In optimistic cases, the price gains may go past 1,000%, depending on how the momentum sustains itself. 

However, there is no guarantee yet, as crypto markets remain volatile and the breakout may fail if there is not enough follow-up support.

Technical Indicators Reveal a Cautious Optimism

According to TradingView, FIL appears to be consolidating quietly after having made a new peak.ย At $0.9232, the token is comfortably trapped within a narrow band formed by the exponential moving averages at 20, 50, 100, and 200 levels. The convergence implies that the digital asset lacks momentum to move beyond the boundaries.

FIL price analysis

Source: TradingView

The RSI stands at 46.78, indicating a sentiment in the market that is precisely balanced. Remaining just below the level of neutrality, it indicates no particular advantage for any of the buying or selling forces. 

Hence, the asset is expected to oscillate within a narrow band till there is enough increase in volume to trigger a breakthrough in this consolidation.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Filecoin (FIL) Consolidation Phase Points Toward $7.85 Long-Term Target

Filed Under: Cryptocurrency News, Altcoin News

BNB Chain Sees 20x Growth in Tokenized Equities in 2026

By Amrin Sanjay | Edited By Messam Raza,April 29, 2026, 3:00 AM

BNB Chain is witnessing rapid expansion in its tokenized equities segment, with market activity growing nearly 20x year-to-date in 2026. The surge reflects rising demand for onchain exposure to traditional financial assets, particularly China-linked stocks and ETFs. As tokenization continues to reshape access to global markets, BNB Chain is emerging as a notable player in this evolving space.

Tokenized Equities on BNB Chain Expand Rapidly

The tokenized equities market on BNB Chain has witnessed significant growth in terms of market cap and number of users. A growth of almost 20 times implies that the interest in blockchain-based equities is growing at a faster pace than ever before. It shows the importance of tokenization in linking the financial world to the decentralized ecosystem.

Tokenized Equities on BNB Chain Expand Rapidly
Source: tokenterminal

Another reason for the growth in the sector is the convenience offered by tokenized assets. One can have exposure to the stock market without depending on the conventional methods employed by brokers.

Also Read: Binance Coin (BNB) Tests Channel Support as Momentum Signals Weak Recovery

China-Linked Stocks and ETFs Drive Market Demand

This growth is largely attributed to an increased appetite for investments in stocks related to China and exchange-traded funds. The tokenization of these assets is gaining popularity among users interested in global diversification via blockchain-based platforms.

There is a lot of potential in trading these assets directly on blockchain platforms, which is a more efficient way than trading them off-chain. It allows users to transact in these assets on-the-go without any geographical barriers. Thus, BNB Chain is positioning itself as a global entry point for equity trading.

Rising Holder Count Signals Broader Participation

Along with the growth in the value of tokenized equities’ market capitalization, the number of their holders has significantly increased. This implies that there is an expansion of adoption beyond big players. The increased level of participation in the market is an indication of trust towards tokenized financial instruments.

The increased number of tokenized securities’ owners is also a factor which positively impacts liquidity and stability in the market. With more participants joining, transactions are conducted in a steadier manner.

Tokenization Trends Highlight Shift in Market Access

The rapid growth on BNB Chain reflects a broader shift toward tokenized access to traditional financial instruments. Tokenization enables fractional ownership, faster settlement, and global accessibility. These features are reshaping how users interact with financial markets.

As the sector evolves, competition among blockchain networks is expected to intensify. Platforms offering better scalability, lower costs, and regulatory alignment may capture larger market share. BNB Chainโ€™s recent growth positions it as a strong contender in this emerging landscape.

Also Read: Binance Coin (BNB) Price Signals Upside Toward $950 if $640 Breaks

Filed Under: Cryptocurrency News, Binance Coin (BNB)

Global Crypto Crackdown Intensifies as AML Rules Dominate Regulatory Era

By Onyi | Edited By Messam Raza,April 29, 2026, 2:30 AM

The global crypto industry has entered a strict and properly enforced regulatory phase. According to a new report from CertiK, the governments around the world are no longer experimenting with crypto rules. They have chosen to rather enforce them across major markets.

Across regions like the United States, Europe, Asia, and the Middle East, digital asset regulations are now like traditional finance rules. This shift marks a major turning point, especially for companies trying to operate at a global scale.

Crypto Enforcement penalties from  2021-2025

Source: Certik
Some of the most notable punishment given to crypto based platforms in 2025.

Source: CertiK


One of the biggest changes for the authorities is the rise of anti-money laundering enforcement. In early 2025 alone, AML-related fines reached $900 million, this number shows that the authorities are now focusing on how money moves through crypto systems rather than just how tokens are classified. At the same time, penalties related to laws have dropped, showing there is a shift in priorities.

Also Read: Crypto Market Surges as Institutional Money Floods In, Signaling Investors Comeback

Another major development is the growing importance of security. Smart contract audits are no longer optional in many regions. Companies must now prove that their systems are safe before launching or expanding, and this process is often repeated regularly instead of being a one-time check.

Compliance Pressure Reshapes Crypto Business

Crypto companies are now expected to meet standards similar to banks and financial institutions. This includes holding enough capital, separating customer funds, managing liquidity, and having recovery plans in case of failure.

At the same time, new global banking rules are creating a divide between different types of digital assets. Real-world assets and regulated stablecoins are treated more favorably, while assets like Bitcoin and Ethereum face stricter capital requirements.

In simple terms, the crypto industry is no longer operating in a flexible or experimental space. It is becoming structured, regulated, and more expensive to operate inโ€”especially for companies that want to scale across borders.

Also Read: ZetaChain Exploit: 1 Critical Flaw, Millions at Risk




Filed Under: Cryptocurrency News

MTL Price Analysis Signals Breakout Toward $0.311

By Paul Adedoyin | Edited By Messam Raza,April 29, 2026, 2:00 AM

MTL price analysis shows a bullish continuation setup forming. The Metal DAO price trades near $0.299 as the market enters accumulation.

According to Crypto Patel, MTL has already swept external liquidity. This setup could create short-term trading opportunities if support holds

This represents the typical liquidity driven expansion model found in crypto markets. Price compression through an established order block indicates increasing institutional buying pressure.

Technical Structure Validates Bullish Continuation

Based on Crypto Patel’s analysis, the external liquidity sweep for MTL has been completed. Thus, it can be confirmed that previous highs were cleared by smart money participation.

Now, the market is transitioning into a balance phase, where expansion is expected to follow. A large order block exists immediately below the present price, acting as a robust demand area. If the price holds above this demand zone, it supports the bullish continuation thesis.

Additionally, the amount of liquidity immediately above the current price creates an obvious upside target. The MTL price prediction illustrates a potential move up to the $0.311 resistance area.

Invalidation of this scenario takes place when a 4-hour close occurs below the $0.279 support area. This establishes the lower bound for the structural bullish setup.

MTL price consolidates after liquidity sweep as chart shows order block support and potential move toward $0.311
Source: X

Also Read |  VeChain Price Prediction: Could VET Breakout to $0.020 in the Coming Days?

Derivative Data Indicates Market Positioning

Per CoinGlass, futures trading volume for MTL has increased 19% over the last day. Additionally, open interest has increased moderately, signifying continued trader engagement.

Together, these factors may indicate upcoming volatility for the Metal DAO token price. As illustrated by the derivatives data, Metal DAO futures pricing reveals balanced long/short positioning across exchanges.

However, Binance’s top traders demonstrate a small long bias, suggesting cautiously optimistic sentiment amongst knowledgeable market participants.

Funding rates appear to be split, demonstrating no clear leaning either way among leveraged traders. Neutral funding conditions generally occur prior to significant directional price movements.

MTL funding rate and price chart show neutral sentiment as market prepares for potential breakout
Source: CoinGlass

Indicators Suggest Consolidation Before Expansion

Momentum in the short-term appears to be neutral per technical indicators on TradingView. The RSI sits at roughly 49, illustrating equalized market conditions.

MACD demonstrates little or no movement at present, illustrating minimal momentum signals. Price currently resides directly between the 20 and 50 EMA areas, indicating a period of consolidation.

The 200 EMA currently resides beneath the price, establishing the broad bull trend structure. Such structures typically establish the basis for continuation if accompanied by a sufficient increase in volume.

Key Fibonacci retracement levels display that support is located in proximity to key demand zones and correspond with the previously identified order block area.

MTL technical indicators show consolidation with RSI near 49 and EMA support during accumulation phase
Source: TradingView

Overall Market Perspective

The Metal DAO price illustrates itself as being technically constructed and not random in terms of its volatility. As history shows, many liquidity-driven scenarios create sharp directional price swings.

An internal sweep of sell-side liquidity into the order block may be enough to confirm entry points. This is consistent with Crypto Patel’s outlined strategy.

If a breakdown occurs below support, it would invalidate the bullish structure illustrated in this MTL price analysis. This MTL price analysis suggests a market that is ready to expand moving forward.

The future course of action is dependent on how strong or weak the volume will be and how much money is flowing into or out of the MTL market.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read |  XRP Prediction: Will It Reach $1.52 in May Upswing?

Filed Under: Cryptocurrency News, Altcoin News, Market Analysis

Render Price Analysis Signals Breakout as RNDR Tests Key Resistance

By Paul Adedoyin | Edited By Ammar Raza,April 29, 2026, 1:30 AM

Render price analysis signals a breakout as RNDR tests wedge resistance on April 28, 2026. Analyst Profit Demon identified tightening price action, indicating a volatility expansion could follow soon.

The Render token price trades near $1.74 (per CoinMarketCap data) as derivatives data shows rising trader positioning. This setup suggests a decisive move could occur if resistance breaks with strong volume support.

Falling Wedge Structure Builds On Breakout Pressure

A falling wedge formation for the price analysis on Render can be seen. This falling wedge formation has been forming over many months.

The falling wedge represents a bullish reversal once the upper boundary of the wedge is broken with confirmation from volumes. Render price action displays lower highs and lower lows consistently as it develops toward the apex of the wedge.

Repeated tests of the upper wedge boundary increase the probability of a successful breakout according to Profit Demon. Upon confirming the breakout, the price for RNDR should head to the target prices at $2.50, $3.40, $4.20, and $5.30.

This aligns with the broader RNDR price prediction outlook if resistance is broken. However, failure to break through the resistance will probably extend the consolidation or trigger another test on the next level of support.

The lower boundary of the wedge serves as current support and has been tested multiple times previously.

Render price analysis shows RNDR forming falling wedge with breakout targets toward $5
Source: X

Also Read | RENDER Break Above $2 Could Trigger a Strong Rally Toward $5 Target

Derivatives Suggest No Agreement In Trader Positioning

Total liquidation has reached approximately $113,797 over the past 24 hours based on CoinGlass data. Over $105,000, which represented long positions, accounted for more than 93% of liquidations.

The recent downside volatility has removed most of the long players that were active during the last rally. Additionally, funding rates have turned positive but remain very low (at 0.0008%), showing slight signs of bullishness.

Furthermore, large negative funding rate spikes across all of the exchanges represent high levels of uncertainty regarding future price moves for the Render token price.

Open interest and trading volume surged, signaling growing speculative activity without clear directional conviction. The lack of a move up in price does suggest that most participants are still neutral and have yet to make their decisions. Current indicators show limited short-term strength despite rising derivatives activity.

Render price analysis shows volume spikes during RNDR consolidation within falling wedge pattern
Source: CoinGlass

Technical Indicators Show Weak Trend In The Short-Term

Despite a broader wedge shape, Trading View indicates a weak trend. The 20, 50 & 200 EMAs are closely positioned between $1.78-$1.80, acting as resistance to the Render token price.

The Render Token price continues to trade under both its moving averages. It shows no signs of breaking through the resistance levels established by those averages.

Given that RSI sits at approximately 38, it indicates some weakness in momentum with little evidence of oversold conditions. Based on the MACD, there has been a bearish crossover. Thus, downward pressure in the near term is expected.

Despite the weakness in short-term momentum, compressed prices are still in place for the Render token price.

Render price analysis shows EMA resistance with weak RSI and bearish MACD signals
Source: TradingView

Render Price Analysis Market Outlook

Participants must keep a close eye on the wedge resistance level as indicated by the Render price analysis. Participants should take a look at the derivative data before entering a trade.

As a result of the mixed sentiment in both spot and futures markets, participants should continue to exercise caution when participating in trades. At present, high-risk trading conditions are evident in terms of extreme volatility and potential imbalances during times of heavy liquidation.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | Ondo (ONDO) Price Stability Signals Potential Rise Toward $0.36 Target

Filed Under: Cryptocurrency News, Altcoin News, Market Analysis

  • « Go to Previous Page
  • Page 1
  • Interim pages omitted …
  • Page 40
  • Page 41
  • Page 42
  • Page 43
  • Page 44
  • Interim pages omitted …
  • Page 3579
  • Go to Next Page »

Primary Sidebar

Recent Posts

  • Solana Price Gains Strength After Breakout, $100 Target Back in Focus May 10, 2026
  • ONDO Price Prediction: Can Bulls Push the Token Toward $0.76 Resistance? May 10, 2026
  • Bitcoin Reserve Proposal in Switzerland Fails to Gain Enough Support for National Vote May 10, 2026
  • Bitcoin Price Stalls in Tight Range as Key $80,610 Resistance Caps Momentum May 9, 2026
  • Ethereum ETF inflows Surge Past $356 Million After Months of Outflows Return May 9, 2026

Footer

News

  • Latest News
  • Altcoin News
  • Bitcoin (BTC)
  • Blockchain
  • Tron (TRX)
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

FOLLOW US

  • Facebook
  • Telegram
  • Twitter
  • Linkedin

Subscribe US

Editorial Policy | Privacy Policy | Disclaimer | Terms and Conditions | Masthead

Copyright © 2026 ยท Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.