RENDERUSDT
*Render (RENDER)*
Despite recording a drop of 15.64% over the past week, the RENDER token has jumped 6.38% over the past day with a trading volume of $315.27 million.
Moreover, it has added 15.76% to its valuation during the past month and has a YTD return of 19.35%.
The Relative Strength Index (RSI) continues hovering close to its neutral point in the 1D time frame.
Further, its average trendline continues hovering above the halfway mark. This indicates that the Render price may continue gaining value.
Suppose, the crypto market regains momentum, in that case, the RENDER coin price will prepare to retest its resistance level of $7.18 this month.
On the contrary, if the bulls lose momentum, the AI token could plunge toward its crucial support level of $3.65.
As of October 6, 2024, Render Token (RNDR) is trading around $5.46, reflecting a decrease of 4.7% in the last 24 hours.
The token had a recent high of $6.68 earlier this week but has since seen some volatility, dropping to as low as $5.23 during this period.
Despite the short-term fluctuation, Render has performed well over the last month, gaining about 16.2% against the US Dollar, outperforming broader market trends.