Crypto news for Render Network (RNDR), Solana (SOL) and VeChain (VET): what are the price trends?

Recall that The Render Network is a leading provider of decentralized GPU-based rendering solutions, which aims to revolutionize the process of digital creativity.
Solana, on the other hand, is a public decentralized open-source blockchain platform that achieves consensus using a share proof algorithm combined with a new story proof algorithm.
VET, finally, is the main cryptocurrency on which VeChain operates and can be used for storage, spending, sending or stealing. In addition, applications built on VeChain need VTHOR to pay for transactions.

RNDR among the best cryptocurrencies of the day: can Solana (SOL) and VeChain (VET) keep up?

The cryptocurrency market looks pretty favorable at the moment, especially when you consider the RNDR coin, which stands out in terms of performance in the last 24 hours.

In fact, according to CoinMarketCap, RNDR tops the list of the most profitable cryptocurrencies on the platform. Remarkably, this comes after the altcoin's price rose more than 16% in the last day.
RNDR currently stands at $1.54. This contributed to the cryptocurrency's weekly performance: over the past seven days, the price of RNDR rose 17.31%.

Waiting for the launch of Solana Mobile Saga and the price of SOL

SOL, Solana's native token, has doubled in the past 24 hours as bullish traders do their homework in anticipation of Solana Mobile Saga's highly anticipated launch.
Not coincidentally, on Tuesday, when the price of bitcoin surpassed $30,000 for the first time in ten months, Solana supported the upward pressure with its own recovery. In fact, SOL was trading at a high of $23.74, up more than 14%, as excitement grew ahead of the April 13 event.
The Saga event, which will be broadcast from San Francisco on Solana Mobile, is likely to be a major catalyst for price gains before and after the scheduled date.

A recovery for the VET cryptocurrency? Only if it breaks the resistance level

The VeChain price forecast predicts that a recovery rally for the VET coin will begin as soon as it passes a resistance level. Thus, when the rate of accumulation increases and VET leaves the primary resistance level of $0.025, the price of VeChain could reach a recovery level of $0.1.
As a result, the primary resistance level of $0.244 must be held for VET to continue rising with strong bullish momentum and reach the VeChain price target of $0.1.
However, over the past few days, the price of VeChain has been $0.02385 and has fallen 2.05% from its market value. In other words, the Vechain price forecast indicates that the value of the VET coin is rapidly declining.

In addition, intraday trading volume should increase as it is currently below average. To reach the 200-day DMA, the VeChain price is trying to stay above the 20-, 50- and 100-day DMAs.
In any case, the VeChain price is still trying to rise sharply, even though technical signals are pointing to a decline in the price of VET currency. For example, the relative strength indicator shows VeChain price downward momentum, and the RSI was trying to move out of neutral and become oversold.
However, the MACD shows VeChain's upward price trend. Immediately after the positive crossover the MACD line is above the signal line. After IFP crossed the critical resistance level of $0.025, investors in VeChain have to wait for the cryptocurrency to start rising.