Render (RENDER) Price Prediction 2024, 2025, 2026-2030 

  • Bullish RENDER price prediction for 2024 is $7.461 to $10.852.
  • Render (RENDER) price might reach $20 soon.
  • Bearish (RENDER) price prediction for 2024 is $2.801.

In this Render (RENDER) price prediction for 2024, 2025-2030,  we will analyze the price patterns of RENDER by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. 

TABLE OF CONTENTS

INTRODUCTION

  • Render (RENDER) Current Market Render (RENDER)
  • What is Render (RENDER)?
  • Render (RENDER) 24H Technicals

RENDER (RENDER) PRICE PREDICTION 2024

  • Render (RENDER) Support and Resistance Levels
  • Render (RENDER) Price Prediction 2024 — RVOL, MA, and RSI
  • Render (RENDER) Price Prediction 2024 — ADX, RVI
  • Comparison of RENDER with BTC, ETH
RENDER (RENDER) PRICE PREDICTION 2025, 2026-2030
CONCLUSION
FAQ

Render Token (RNDR) Current Market Status

Current Price$7.07
24 – Hour Price Change13.08% Up
24 – Hour Trading Volume$2.18B
Market Cap$3.66B
Circulating Supply517.69M RENDER
All – Time High$13.60 (On Mar 17, 2024)  
All – Time Low$0.03676 (On Jun 16, 2020)  

RENDER Current Market Status
(Source: CoinMarketCap)

What is Render (RENDER)

TICKERRENDER
BLOCKCHAINEthereum
CATEGORYERC 20 Token
LAUNCHED ONApril 2020
UTILITIESGovernance, security, gas fees & rewards

Render (RENDER) is an Ethereum token that powers Render Network, a protocol that enables distributed graphics processing. Render (RENDER) will make the process of rendering and streaming intricate virtual works easier for all users. It will allow complex GPU-based render jobs to be distributed and processed on a peer-to-peer network, making the transactional process of rendering and streaming 3D environments, models, and objects much simpler for end-users. 

Render 24H Technicals

(Source: TradingView)

Render (RENDER) Price Prediction 2024

Render (RENDER) ranks 28th on CoinMarketCap in terms of its market capitalization. The overview of the Render price prediction for 2024 is explained below with a daily time frame.

RENDER/USDT Horizontal Channel Pattern (Source: TradingView)

In the above chart, Render (RENDER) laid out a Horizontal Channel pattern also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line that connects the highs, and the lower trendline, the line that connects the lows, run horizontally parallel and the price action is contained within it. 

A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.

.At the time of analysis, the price of Render (RENDER) was recorded at $7.07. If the pattern trend continues, then the price of RENDER might reach the resistance levels of $8.271 and $15.307 If the trend reverses, then the price of RENDER may fall to the support levels of $5.729 and $4.168.

Render (RENDER) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of Render (RENDER) in 2024.

RENDER/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of Render (RENDER) for 2024.

Resistance Level 1$7.461
Resistance Level 2$10.852
Support Level 1$4.120
Support Level 2$2.801

RENDER Resistance & Support Levels

Render (RENDER) Price Prediction 2024 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Render (RENDER) are shown in the chart below.

RENDER/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Render (RENDER) market in 2024.

INDICATORPURPOSEREADINGINFERENCE
50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $5.417Price = $7.428
(50MA < Price)
Bullish/Uptrend
Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions76.323
<30 = Oversold
50-70 = Neutral>70 = Overbought
Overbought
Relative Volume (RVOL)Asset’s trading volume in relation to its recent average volumesBelow cutoff lineWeak Volume

Render (RENDER) Price Prediction 2024 — ADX, RVI

In the below chart, we analyze the strength and volatility of Render (RENDER) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

RENDER/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Render (RENDER).

INDICATORPURPOSEREADINGINFERENCE
Average Directional Index (ADX)Strength of the trend momentum31.480Strong Trend
Relative Volatility Index (RVI)Volatility over a specific period79.58
<50 = Low
>50 = High
High Volatility

Comparison of RENDER with BTC, ETH

Let us now compare the price movements of Render (RENDER) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs RENDER Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of RENDER is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of RENDER also increases or decreases respectively.

Render (RENDER) Price Prediction 2025, 2026 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Render (RENDER) between 2025, 2026, 2027, 2028, 2029, and 2030.

Year Bullish Price Bearish Price
Render (RENDER) Price Prediction 2025$23$2
Render (RENDER) Price Prediction 2026$27$1.8
Render (RENDER) Price Prediction 2027$31$1.6
Render (RENDER) Price Prediction 2028$35$1.4
Render (RENDER) Price Prediction 2029$37$1.2
Render (RENDER) Price Prediction 2030$39$1

Conclusion

If Render (RENDER) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Render (RENDER) price prediction for 2024 is $10.852. Comparatively, if unfavorable sentiment is triggered, the bearish Render (RENDER) price prediction for 2024 is $2.801. 

If the market momentum and investors’ sentiment positively elevate, then Render (RENDER) might hit $20. Furthermore, with future upgrades and advancements in the Render ecosystem, RENDER might surpass its current all-time high (ATH) of $13.60 and mark its new ATH. 

FAQ

1. What is Render (RENDER)?

Render (RENDER) runs on its native Render blockchain, launched in 2018. It is based on the delegated proof-of-stake (DPoS) consensus mechanism.

2. Where can you buy a Render (RENDER)?

Traders can trade Render (RENDER)  on the following cryptocurrency exchanges: Binance, OKX, Bybit, DigiFinex, and WEEX.

3. Will Render (RENDER)  record a new ATH soon?

With the ongoing developments and upgrades within the Render platform, Render (RENDER)  has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Render (RENDER)?

Render (RENDER)  hit its current all-time high (ATH) of $13.60 On March 17, 2024.

5. What is the lowest price of Render (RENDER)?

According to CoinMarketCap, RENDER hit its all-time low (ATL) of $0.03676 on June 16, 2020.

6. Will Render (RENDER)  hit $20?

If Render (RENDER)  becomes one of the active cryptocurrencies that maintain a bullish trend, it might rally to hit $20 soon.

7. What will be the Render (RENDER)  price by 2025?

Render (RENDER)  price might reach $23 by 2025.

8. What will be the Render (RENDER)  price by 2026?

Render (RENDER)  price might reach $27 by 2026.

9. What will be the Render (RENDER)  price by 2027?

Render (RENDER)  price might reach $31 by 2027.

10. What will be the Render (RENDER)  price by 2028?

Render (RENDER)  price might reach $35 by 2028.

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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

Source: https://thenewscrypto.com/render-render-price-prediction/