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Render Price Has Been in an Uptrend; Will It Remain Profitable?

  • The price of Render is at a 52-week high and the bulls are dominating.
  • The RNDR price is situated above the 200-day moving average which showcases a bullish trend.

Analyze the short and medium-term Render (RNDR) price prediction and check the long-term price forecast for 2024, 2025, 2026, 2027, 2028, 2029, and 2030.

Current Price – $3.986 Market cap – $1.48 billion

Price Prediction – $3.79 (-3.65%) Volume – 230 million

Volatility – 12.86% Fear & Greed Index – 67 (greed)

Sentiment – Bullish RSI – 67.79

Green Days – 17/30 (57%) 200-day EMA – $2.217

Based on our technical analysis, the RNDR price is predicted to fall by 3.65% to reach $3.79 by December 15, 2023. The fear and greed index is 67 (greed) and the volatility is 12.86%. The Render price has performed positively for 17 days out of the past 30 days.

Long-term Render Price Prediction For 2024, 2025, 2026, 2027, 2028, 2029, and 2030

Year Yearly LowYearly High
2024$3.54$6.47
2025$5.86$17.27
2026$6.20$8.98
2027$6.41$12.96
2028$11.49$12.98
2029$12.40$23.36
2030$13.20$16.71

Based on the historical movement of the Render Token and BTC halving cycles, the yearly low Render price prediction for 2024 is $3.54. Meanwhile, the Render price is predicted to reach as high as $6.47 next year.

Render Price Prediction 2025

BINANCE: RNDR/USD 1-Day Chart By TradingView

The Render price has been in a bullish trend and the buyers are in control. If the RNDR price sustains above the $6 hurdle, then the price can reach a new all-time high.

The Render token price prediction for 2025 is currently between $ 5.86 on the lower end and $ 17.27 on the higher end. The Render Token could gain 332.82% by 2025 compared to today’s price if it reaches the upper price target.

Render Price Prediction 2030

BINANCE: RNDR/USD 1-Week Chart By TradingView

On a weekly time frame, the Render Token price has surpassed the $3 hurdle and sustained above it. If the bulls remain strong, then the price may surge to $10 soon.

The Render Token price prediction for 2030 is currently between $ 13.20 on the lower end and $ 16.71 on the higher end. Compared to today’s price, the Render Token could gain 318.34% by 2030 if it reaches the upper price target.

Render Price Prediction Based on Technical Analysis

Based on the data on December 12, 2023, the Render price prediction sentiment is bullish with 26 technical indicators giving a bullish signal while 1 is giving a bearish signal.

Render Price Forecast For Tomorrow and Next Week

Date Price Change
Dec 13, 2023$3.930.00%
Dec 14, 2023$4.278.5%
Dec 15, 2023$4.3410.44%
Dec 16, 2023$4.042.77%
Dec 17, 2023$3.79-3.65%
Dec 18, 2023$3.940.10%
Dec 19, 2023$4.124.70%

The Render Token price forecast for the next 30 days is a projection based on the positive/negative trends from the past 30 days. Based on these Render Token projections, RNDR will be changing hands at $ 4.12 on Dec 19, 2023, gaining 4.70% in the process.

Render Price Prediction FAQs

What is the Render price prediction today?

According to our technical analysis, the RNDR price is predicted to gain 0.00% to reach $4.052 by today.

What is the Render price prediction tomorrow?

The Rener Token price is predicted to gain 8.50% to reach $4.27 by tomorrow.

What is the Render price prediction for 2023?

Based on our technical analysis, the Render price will gain 20.74% to reach $4.80 by the end of 2023.

Will the Render price reach $10?

The RNDR price would have to gain 148.16% to reach $10. According to our algorithm, the RNDR price will hit $10 by June 2024.

Will the Render price reach $100?

Render price needs to gain 1,148.16% to reach $100. According to our technical analysis, the RNDR price will reach $100 by September 2028.

Will the Render price reach $1000?

Render price would have to gain 11,481.63% to reach $1000. Based on our algorithm, the RNDR token price will hit $1000 by August 2035.

Conclusion

Based on the analysis, the Render price has been in an uptrend and the bulls are dominating. It is currently trading above the 200-day moving average which indicates a bullish trend. The short and medium-term predictions suggest that the RNDR price is likely to fall by 3.65% to reach $3.79 by December 15, 2023. However, the long-term predictions show the possibility of significant growth in the coming years, with the Render Token price predicted to reach as high as $16.71 by 2030.

Technical levels

Resistance: $4 & $5.30 & $6.30

Support: $3.20 & $2.20 & $1.30

Disclaimer

Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies or other ICOs. Since everyone has their uniqueness, a certified professional should be continually consulted before making any economic decisions.

Nancy J. Allen: Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.