Render (RNDR), currently trading at $3.76 with a 24-hour volume of over $59.5 million, is experiencing short-term turbulence. The token has slipped -0.96% in the past hour and -4.36% since yesterday, following confusion over Coinbase’s delisting of its older ERC-20 version.
However, the newer Solana-based RENDER remains fully supported on Coinbase U.S. and other major platforms, keeping the fundamentals strong and fueling optimistic render price prediction outlooks despite the temporary dip.
This delisting, which was expected after the token’s migration in 2023, triggered FUD (fear, uncertainty, doubt), leading to price pressure. Influencers like @TheRealD0c highlighted the token’s drop below key EMAs and its struggle to hold support at $3.88 and the Fibonacci 0.5 level near $4.00. Despite the dip, bullish sentiment remains strong within the crypto community.
Render’s fundamentals continue to attract attention as a leader in decentralized GPU rendering and AI infrastructure. Analysts forecast a recovery with a year-end target of $9.68 and a potential retest of the all-time high of $13.60 in bullish conditions. Some, like @DamiDefi, even see the token climbing to $35, citing Render’s growing role in powering AI and metaverse projects.
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Technical analysts point to consolidation and breakout signals, with @MarcoPoloMaps and @crypto_rand noting increased volume and a strong setup for an upward move. Staking is also gaining traction, as highlighted in a recent guide explaining how to maximize rewards via validators, APY boosters, and cross-chain integrations.
If RNDR can regain investor confidence and hold above critical support, this current dip could offer a valuable entry point. Watch resistance at $4.00 and broader AI sentiment for cues. As the Render ecosystem grows and the token finds utility in AI rendering, it may prove to be a long-term sleeper hit in the crypto space.
