Render Crypto Price Shows Some Recovery Strength Amid Market Bloodbath

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Render (RNDR) crypto, is gaining renewed attention in the crypto market as price movement suggests the start of a potential trend shift.

With the ongoing expansion in AI computing and growing interest in decentralized infrastructure, Render’s position has become more relevant.

This has created momentum among traders and investors, as accumulation patterns and chart signals point to a possible change in direction.

Bullish Technical Indicators Signaling New Momentum?

Render is feeling the market heat since Trump’s tariff bomb dropped on the market.

However, just before the bloodbath, few indicators might have given signs of momentum

Recent chart analysis has shown multiple bullish divergences forming on Render’s 4-hour timeframe.

Analyst Seth noted that RNDR may be forming its first higher low since December 2024 on the daily chart.

This formation is often viewed as a key early sign of a new upward trend. He stated,

“If we can find support at this level, it will confirm a higher low, potentially marking a shift in trend.”

Source: X

Render’s price has shown resilience, holding above key support levels despite short-term volatility.

The support zone around $3.85 has proven to be a stronghold, keeping the asset from dropping further.

Nevertheless, as of press time, RNDR was down over 10% intraday, trading at $2.81.

Technical resistance near $4.00 and $4.25 remains, but traders are watching closely for a breakout above these points, which could trigger renewed buying interest.

On-chain data supports the view that momentum may be building.

Whale wallets increased their holdings in March, with accumulation rising from 30 million to 34 million RNDR tokens.

This suggests that large investors may be expecting a reversal or uptrend in the near future.

While the Chaikin Money Flow (CMF) indicator remains negative at -0.10, an improvement in buying pressure could push prices higher, possibly reaching the 0.236 Fibonacci level at $4.71 or beyond.

Render Crypto Market Activity Aligns with AI Infrastructure Demand

The Network’s growing integration into the AI sector is drawing attention from developers and creators looking for efficient GPU compute solutions.

Render uses blockchain technology to connect users in need of rendering power with GPU providers.

This model offers a cost-effective and scalable solution for rendering tasks in 3D animation, visual effects, and AI workloads.

Social sentiment has also increased around Render.

Furthermore, Marco Polo expressed strong belief in Render’s long-term value, calling it “core infrastructure and a foundation for the digital and AI future.”

His statement reflects the broader market narrative around Render as a decentralized piece of infrastructure supporting generative AI and on-chain computing.

The recent growth in network usage also supports this view. Over 40 million rendered frames have been processed on the platform, and social media followership has crossed 200,000.

Collaborations with Stability AI and OTOY have extended the platform’s use cases into AI training and 3D model integration.

These developments have helped Render maintain relevance despite the current resistance in price action.

Analyst Forecasts Bullish Long-Term View for Render Crypto Price

Multiple forecasts for Render’s price in 2025 suggest mixed short-term performance, though long-term expectations remain positive.

Changelly projects the average RNDR price for 2025 at $13.29, with year-end targets ranging between $8.98 and $10.32.

For April, Render’s trading range is expected to be between $6.69 and $9.82, offering a potential return of 44.2%.

The $3.85 and $3.79 levels act as support bases, and $4.00 as a resistance level.

However, if Render crypto price climbs far above $4.00 and stays above, it may return to the 0.382 Fibonacci level of $6.10.

But if the selling pressure continues, then the prices may drop down to $2.52 and therefore, find better support.

Other factors affecting the price of Render include broad factors relating to the crypto market reacting to economic events such as the rate of interest by the Federal Reserves in the United States.

If conditions of high liquidity are observed on the stock markets and investors intensify their risk-taking, the trading conditions in RNDR may turn into beneficial ones.

Original Article