Render presyoRENDER

$RENDER signal just turned bearish # performance:1448.76%signal ROI vs 481.72% holding ROI.TM trader grade 18.62%

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$RENDER is powering through the charts today, climbing +13.48% to $3.056. This rally comes amid renewed interest in AI and metaverse-related tokens. With bullish sentiment

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Render (RNDR) Price Update – April 6, 2025 Render is currently sitting in a key support area, revisiting levels we discussed in previous updates. The correction from the March 2024 high appears to be playing out as a textbook ABC structure, with the price now likely in the final leg of a C-wave down. Support Zone: $2.33 – $2.17 Key Fibonacci Levels: 100% extension at ~$3 and 123.6% at ~$2.17 Structure: A wave: Initial drop B wave: Short-lived bounce C wave: Currently in progress, likely a five-wave internal decline The recent bounce off the 100% extension didn’t result in a five-wave recovery, which is crucial for signaling a bottom. Instead, the price remains in a bearish structure and hasn’t broken any significant swing highs (e.g., $4.18 or $4.46), keeping downside pressure intact. We may now be inside an internal third wave down, which strengthens the case for another leg lower—targeting the $2.33 to $2.17 zone. As long as RNDR remains below $3.82, bearish momentum is in control. Outlook: Be prepared for further downside into key support. A strong reversal from that zone with a five-wave rally would be the first bullish signal. Stay tuned and manage your risk accordingly. $RENDER