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Render (RNDR), the Ethereum-based altcoin, has made waves in the cryptocurrency market with a significant price surge. The RNDR price recently reclaimed the $8 mark, surging by 8.10% in just 24 hours, which has reignited renewed optimism among investors.
RENDER price has surged 48% in the last month, solidifying its position as the largest artificial intelligence coin by market cap at $4.1 billion. It now leads over its closest competitors, TAO, FET, and WLD, reflecting growing interest in the AI-focused asset.
Render (RNDR), the native token of the Ethereum-based AI-driven decentralized rendering network, Render, is witnessing a dramatic bullish surge that has propelled its price past the $8 mark, with investors eagerly eyeing a potential breakout toward the $10 milestone.
Story Highlights The RNDR price reclaims the $8 mark with an 8.10% jump in 24 hours. The EMA 50/200-day hints at a Golden Cross, suggesting sustained bullish action. Render price successfully retests its support of the ascending channel pattern.
RNDR's large transaction volume has grown by 310%, indicating notable participation from whales and institutions.
AI and Big Data tokens surged ahead of Nvidia's Q3 earnings, but “buy the rumor, sell the news” dynamics and technical setups hint at varied post-earnings paths for Fetch.AI, Render, and Near Protocol.
Render Token (RNDR) is on the move again, climbing 8.64% in just 24 hours to hit $7.65. After months of struggling with resistance, this breakout has sparked fresh optimism.
Undeniably, there has been a broader market pullback over the past couple of days. However, several AI-focused tokens have managed to post gains despite the downturn.
Bitcoin (BTC) and the crypto market registered a sharp decline as speculation cooled after a week of significant gains. BTC has registered an increase of over 30% since the US election, thanks to President-elect Donald Trump's pro-crypto stance.
Render's (RNDR) price has shown notable gains, up 28% in the last month. This positions it as the third-largest artificial intelligence coin by market cap, behind FET and TAO.
The past week's strong gains were accompanied by explosive growth in the Open Interest and the spot CVD for RENDER.
Render Token (RNDR) is currently at a critical point in its price action, as technical indicators and patterns point to a potential breakout. Following a period of consolidation, RNDR has formed a bullish pennant pattern, which often signals an imminent upward price movement.
Render Token's bullish setup could fuel a breakout, aiming for $10+ if momentum holds.
The artificial intelligence (AI) boom has put related startups, stocks, and cryptocurrencies in the spotlight and investors' portfolios in 2024. Now, looking at 2025 amid an expected altcoin bull rally, Finbold selected two AI-related cryptocurrencies to consider buying moving forward.
Story Highlights The live price of the RNDR token is . Render tokens with a potential high could reach $9.81 by the end of 2024. With a potential high the RNDR price could reach a high of $58.67 by 2030.
Bitcoin (BTC) slipped below $70,000 as markets turned bearish after the world's premier cryptocurrency briefly teased a new all-time high earlier in the week. BTC is currently down over 4% and is trading around $69,300.
Render's $2B market cap and strong trading volume has set the stage for a potential breakout.
Blender Cycles has been integrated into the Render Network's closed beta, offering decentralized GPU rendering to millions of artists. This marks a significant step in expanding Render's multi-render capabilities.
Render (RNDR) has caught the attention of investors and traders alike, especially as it navigates a critical support level within a symmetrical triangle pattern. This formation is often indicative of upcoming volatility, and many are eager to see how Render will respond in the coming days.
Render is testing a key symmetrical triangle support level as it sends signals of a starting bullish run.
The artificial intelligence sector has become one of the most exciting and innovative developments in 2024. While many altcoins leverage artificial intelligence (AI) to disrupt industries and drive technological advancements, investors can consider these assets to sell as they could underperform in Q4.
Imagine turning $100 investment into a staggering $10,000 by early 2025. While such returns may seem too good to be true in most scenarios, the crypto world has a knack for making the impossible possible—especially during a bull run. However, extraordinary gains like this are rare, typically reserved for a select few high-potential altcoins.
Russia is determined to create a domestic payment system to conduct trade and international transactions free from current disruptions. Mikhail Mishustin, Prime Minister of Russia, stated that this will be a joint effort by many institutions to achieve a principles-based system instead of the current one managed by Western institutions.
Bitcoin (BTC) continued to rise as it edges to $68,000, with the world's largest cryptocurrency up by 0.65% over the past 24 hours. The crypto market had a mixed day, with BTC, Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), and Litecoin (LTC) posting gains.
