Bullish RNDR price prediction for 2024 is $6.445 to $11.198.. Render Token (RNDR) price might reach $10 soon.. Bearish (RNDR) price prediction for 2024 is $2.246.. In this Render Token (RNDR) price prediction for 2024, 2025-2030, we will analyze the price patterns of RNDR by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.. TABLE OF CONTENTS. INTRODUCTION. Render Token (RNDR) Current Market Render Token (RNDR). What is Render Token (RNDR)?. Render Token (RNDR) 24H Technicals. RENDER TOKEN (RNDR) PRICE PREDICTION 2024. Render Token (RNDR) Support and Resistance Levels. Render Token (RNDR) Price Prediction 2024 — RVOL, MA, and RSI. Render Token (RNDR) Price Prediction 2024 — ADX, RVI. Comparison of RNDR with BTC, ETH. RENDER TOKEN (RNDR) PRICE PREDICTION 2025, 2026-2030. CONCLUSION. FAQ. Current Price $6.23. 24 – Hour Trading Volume $234,243,491. Market Cap $2,354,043,671. Circulating Supply 378,146,336 RNDR. All – Time Low $0.03676 (On Jun 16, 2020). RNDR Current Market Status (Source: CoinMarketCap). TICKERRNDR. BLOCKCHAINEthereum. CATEGORYERC 20 Token. LAUNCHED ONApril 2020. UTILITIESGovernance, security, gas fees & rewards. Render Token (RNDR) is an Ethereum token that powers Render Network, a protocol that enables distributed graphics processing. Render token (RNDR) will make the process of rendering and streaming intricate virtual works easier for all users. It will allow complex GPU-based render jobs to be distributed and processed on a peer-to-peer network, making the transactional process of rendering and streaming 3D environments, models, and objects much simpler for end-users.. (Source: TradingView). Render Token (RNDR) ranks 42nd on CoinMarketCap in terms of its market capitalization. The overview of the Render Token price prediction for 2024 is explained below with a daily time frame.. RNDR/USDT Cup and Handle Pattern (Source: TradingView). In the above chart, Render Token (RNDR) laid out a cup and handle pattern. The cup and handle price pattern on a security’s price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a “u” and the handle has a slight downward drift. the cup and handle are considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. A Cup and handle are considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. A cup and handle is a technical indicator where the price movement of security resembles a cup followed by a downward trending price pattern. This drop or handle is meant to signal a buying opportunity to go long on security.. At the time of analysis, the price of Render Token (RNDR) was recorded at $6.15. If the pattern trend continues, then the price of RNDR might reach the resistance levels of $6.692, and $51.556. If the trend reverses, then the price of RNDR may fall to the support of $1.138, and $0.377.. The chart given below elucidates the possible resistance and support levels of Render Token (RNDR) in 2024.. RNDR/USDT Resistance and Support Levels (Source: TradingView). From the above chart, we can analyze and identify the following as resistance and support levels of Render Token (RNDR) for 2024.. Resistance Level 1$6.445. Resistance Level 2$11.198. Support Level 1$3.590. Support Level 2$2.246. RNDR Resistance & Support Levels. The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Render Token (RNDR) are shown in the chart below.. RNDR/USDT RVOL, MA, RSI (Source: TradingView). From the readings on the chart above, we can make the following inferences regarding the current Render Token (RNDR) market in 2024.. INDICATORPURPOSEREADINGINFERENCE. 50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $4.419Price = $6.063(50MA < Price)Bullish/Uptrend. Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions72.44370 = OverboughtOverbought. Relative Volume (RVOL)Asset’s trading volume in relation to its recent average volumesBelow cutoff lineWeak Volume. In the below chart, we analyze the strength and volatility of Render Token (RNDR) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).. RNDR/USDT ADX, RVI (Source: TradingView). From the readings on the chart above, we can make the following inferences regarding the price momentum of Render Token (RNDR).. INDICATORPURPOSEREADINGINFERENCE. Average Directional Index (ADX)Strength of the trend momentum37.466Strong Trend. Relative Volatility Index (RVI)Volatility over a specific period61.2650 = HighHigh Volatility. Let us now compare the price movements of Render Token (RNDR) with that of Bitcoin (BTC), and Ethereum (ETH).. BTC Vs ETH Vs RNDR Price Comparison (Source: TradingView). From the above chart, we can interpret that the price action of RNDR is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of RNDR also increases or decreases respectively.. With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Render Token (RNDR) between 2025, 2026, 2027, 2028, 2029 and 2030.. Year Bullish Price Bearish Price. Render Token (RNDR) Price Prediction 2025$13$1.5. Render Token (RNDR) Price Prediction 2026$17$1.4. Render Token (RNDR) Price Prediction 2027$21$1.3. Render Token (RNDR) Price Prediction 2028$25$1.2. Render Token (RNDR) Price Prediction 2029$27$1.1. Render Token (RNDR) Price Prediction 2030$29$1. If Render Token (RNDR) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Render Token (RNDR) price prediction for 2024 is $11.198. Comparatively, if unfavorable sentiment is triggered, the bearish Render Token (RNDR) price prediction for 2024 is $2.246.. If the market momentum and investors’ sentiment positively elevate, then Render Token (RNDR) might hit $10. Furthermore, with future upgrades and advancements in the Render Token ecosystem, RNDR might surpass its current all-time high (ATH) of $8.76 and mark its new ATH.. Render Token (RNDR) runs on its native Render Token blockchain which was launched in 2018. It is based on the delegated proof-of-stake (DPoS) consensus mechanism.. Traders can trade Render Token (RNDR) on the following cryptocurrency exchanges such as Binance, OKX, Bybit, DigiFinex, and WEEX.. With the ongoing developments and upgrades within the Render Token platform, Render Token (RNDR) has a high possibility of reaching its ATH soon.. Render Token (RNDR) hit its current all-time high (ATH) of $8.7608 On November 21, 2021.. According to CoinMarketCap, RNDR hit its all-time low (ATL) of $0.03676 on June 16, 2020.. If Render Token (RNDR) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $10 soon.. Render Token (RNDR) price might reach $13 by 2025.. Render Token (RNDR) price might reach $17 by 2026.. Render Token (RNDR) price might reach $21 by 2027.. Render Token (RNDR) price might reach $25 by 2028.. Top Crypto Predictions. FLOKI (FLOKI) Price Prediction. The Graph (GRT) Price Prediction. Optimism (OP) Price Prediction. Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.. share