Render (RNDR), the cloud-based rendering network, is stirring excitement in the crypto market with technical indicators and analyst predictions hinting at a substantial price surge in the coming weeks or months. Render Breaks Free From Technical Chains Technical analysis paints a bullish picture for RNDR. The token has recently broken out of a bullish technical pattern known as the Dragon Pattern, also referred to as the supply line. This breakout historically signifies a potential shift in momentum, with prices likely to trend upwards. Adding fuel to the fire, analysts are observing the formation of Three Rising Valleys on RNDR’s chart. This pattern suggests a potential market bottom has been established, indicating a reversal from previous downward trends. Furthermore, a bullish divergence on the four-hour chart hints at weakening selling pressure. In simpler terms, sellers are struggling to push prices down, failing to break below previous lows. $RENDE

Prosecutors in Taiwan have proposed lengthy prison sentences for ACE Exchange’s founder, David Pan, and former executives as main suspects in an alleged fraud and money laundering case. This development came after the Taiwanese authorities initiated a fresh round of charges against the exchange founder and several others.  ACE Exchange Defendants Face Potential Lengthy Jail Term On Friday, April 26, the Taipei District Prosecutors’ Office indicted 32 individuals involved in an alleged money laundering and fraud scheme. Among those indicted are Pan, his business partner Lin Keng-hong, and attorney Wang Chen-huan, who served as the exchange’s chairman.  The prosecutors alleged that the defendants promoted investments in various tokens, including NFTC tokens, Bitnature coins, and MoChange – a token developed by Ace Exchange. Investigations revealed that the suspects crafted white papers and other documents to enhance the perceived legitimacy o