The post RENDER Technical Analysis Jan 27 appeared on BitcoinEthereumNews.com. RENDER is under pressure at 1.86$. There’s an effort to hold near supports but bearishThe post RENDER Technical Analysis Jan 27 appeared on BitcoinEthereumNews.com. RENDER is under pressure at 1.86$. There’s an effort to hold near supports but bearish

RENDER Technical Analysis Jan 27

RENDER is under pressure at 1.86$. There’s an effort to hold near supports but bearish momentum dominates. BTC correlation is critical, 1.82 and 1.97 levels are focal points for the next 24-48 hours.

Short-Term Market Outlook

RENDER is currently trading around 1.86$ and showing weak performance with a 3.48% drop in the last 24 hours. The intraday range stayed between 1.79$-1.94$, with volume at a moderate 49.60M$. The short-term trend is clearly downward; price continues to stay below EMA20 (1.91$). RSI at 38.54 is near oversold territory but not yet signaling recovery. MACD histogram is negative with bearish crossover active, and Supertrend points to 2.05$ resistance confirming selling pressure. A total of 12 strong levels detected across 1D, 3D, and 1W timeframes: 2 supports/2 resistances on 1D, 2 resistances on 3D, 3 supports/resistances each on 1W. In this context, consolidation or a new low search is likely in the next 24-48 hours. BTC’s downtrend across the market is pressuring altcoins, and RENDER is affected. Volume decline is reducing volatility, potentially forming narrow zones for scalping but with high risk.

Intraday Critical Levels

Near Support Zones

Immediate supports at 1.8235$ (score: 67/100) and just below at 1.7777$ (score: 67/100). These levels are near intraday lows and offer quick invalidation points. A break below 1.8235$ expects a quick slide to 1.7777$; if that fails, 1.3936$ (score:60) comes into play. For scalpers, the 1.82 zone can be used as quick long invalidation, with stop-loss kept tight below 1.81.

Near Resistance Zones

Near resistance at 1.9764$ (score:61/100), a critical threshold overlapping with EMA20. Without a close above, Supertrend resistance at 2.05$ comes into focus. These levels are tight; above 1.97 is the first test point for momentum increase. Without a breakout, short squeeze risk remains low.

Momentum and Speed Analysis

Short-term momentum is fully bearish: MACD negative histogram is widening, RSI nearing below 40. Speed analysis (momentum oscillators) shows selling speed slowing but downtrend continues. Bearish engulfing patterns dominate on 4H chart, high-volume selling zone around 1.85$ on volume profile. For scalping, monitor 1.82-1.86 zone, but BTC volatility could cause sudden spikes. Risk management essential: Position size limited to 1-2% of capital, invalidation 5-10 ticks away.

Short-Term Scenarios

Upside Scenario

Strong close above 1.9764$ (with volume increase) is the first bullish trigger. In that case, move to 2.05$ Supertrend, target 2.1436$ (score:30). BTC breaking 88,870$ resistance would be supportive. Invalidation: Drop below 1.91$. High risk, await RSI divergence.

Downside Scenario

Break below 1.8235$ (1.82 punch) is the main bearish trigger, quick slide to 1.7777$. If that fails, downside target 1.5424$ (score:25). Accelerates if BTC loses 88,346$ support. Invalidation: 1.85$ recovery. Aggressive short zone for short-term traders, but overextension risk present.

Bitcoin Correlation

BTC at 88,457$ with +0.99% slight recovery but downtrend dominates, Supertrend bearish. BTC supports at 88,346$, 87,036$, 86,075$; resistances at 88,870$, 90,713$, 91,713$. Rising dominance crushes altcoins, RENDER 0.85% correlated to BTC. If BTC stays below 88k, RENDER drops to 1.77; BTC break above 88.8k gives RENDER rebound. Monitor BTC levels in parallel for RENDER Spot Analysis and RENDER Futures Analysis.

Daily Summary and Monitoring Points

Today’s focus: 1.8235$ support test and 1.9764$ resistance rejection. BTC break of 88,346$ is red alert for RENDER. Volume spikes are momentum shifters. 24-48 hour scenario bearish biased, upside limited. Monitor: RSI below 35 for extreme short, above 45 for long probe. Risk: Short-term trading carries high volatility, manage capital with 1% risk. No news, technicals dominate.

This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.

Market Analyst: Sarah Chen

Technical analysis and risk management specialist

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/analysis/render-intraday-analysis-january-27-2026-short-term-strategy

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Tokyo’s Metaplanet Launches Miami Subsidiary to Amplify Bitcoin Income

Tokyo’s Metaplanet Launches Miami Subsidiary to Amplify Bitcoin Income

Metaplanet Inc., the Japanese public company known for its bitcoin treasury, is launching a Miami subsidiary to run a dedicated derivatives and income strategy aimed at turning holdings into steady, U.S.-based cash flow. Japanese Bitcoin Treasury Player Metaplanet Opens Miami Outpost The new entity, Metaplanet Income Corp., sits under Metaplanet Holdings, Inc. and is based […]
Share
Coinstats2025/09/18 00:32
China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37
Market Records Largest Long-Term Bitcoin Supply Release In History, Here’s What It Means For BTC

Market Records Largest Long-Term Bitcoin Supply Release In History, Here’s What It Means For BTC

Bitcoin has recorded what analysts describe as the largest long-term supply release in its history, coinciding with a sharp rise in leverage across derivatives
Share
Coinstats2026/02/08 07:06