Traders mark RENDER as the next NEAR or ZEC in terms of price potential.
Could a massive surge be imminent for RENDER?
Expert shares bullish RENDER price targets for the new bull cycle.
The crypto community continues to hunt for the most promising altcoins assets to hold for the new bull cycle that has just begun. So far, both BTC and ETH have made significant price reclamations, but which altcoins can be the most fruitful accumulations this year? So far, a handful of altcoins have already gone on to reclaiming higher price ranges, which one will be next? Traders mark RENDER as the next NEAR or ZEC in terms of price potential.
Traders Mark RENDER as the Next NEAR or ZEC in Terms of Price Potential
While the prices of BTC and ETH trade in the $85,000 and $2,700 price ranges respectively, the price of RENDER is trading just above $2 at $2.09, according to CoinMarketCap analytics. This shows that the asset is up by over 3.4% in the last 24 hours. What’s more, the asset is up by over 7% in the last 7 days and up by over 40% in the last 30 days. Despite thai already formidable surge, analysts believe a greater one lies ahead for RENDER.
Over the past few weeks and months, a handful of altcoins went on to reclaim higher prices by breaking past previous resistance levels. Now, these assets continue to hold higher prices and test higher resistance levels. Thus, analysts are certain that greater surges lie ahead, and if BTC and ETH reclaim higher prices, then new ATHs are also likely to be claimed over the coming months for both BTC and altcoins.
https://twitter.com/onehellofarun/status/2107234411477647838
As we can see from the post above, this expert says that in terms of price potential RENDER is much like NEAR or ZEC, drawing attention to the fact that both assets are up by a significant amount in recent history and longer for ZEC. Considering these are AI-centric project,, the post goes on to highlight RENDER as the original AI coin and states that RENDER might be one of the most violently mispriced AI plays in the market at the moment.
How Much Can RENDER Surge This Year?
Using the chart accompanying the post, the expert states that RENDER is starting to look absolutely ridiculous as the altcoin has spent YEARS compressing underneath a massive descending structure while the fundamental thesis has only gotten stronger. Now it’s attempting to break out. The roadmap if this structure flips will lead to hitting new bull targets from $2,96, %4.72, and $22.05 to those of $38.49, $67.19, and $149.58.
https://twitter.com/gandreou007/status/2106308272957399449
As the post above explains, another expert highlights a base forming on the RENDER price chart but admits that the pattern still needs proof. In detail, RENDER consolidated above the $1.2 - $1.65 support zone after a prolonged decline and is now in the first meaningful test in the $2.5 - $2.85 price range. A weekly reclaim and successful retest would strengthen the recovery case, with $4.8 - $5.6 as the next major checkpoint.
The broader descending trendline remains an obstacle. Clearing it would bring $7.5 - $8.5 and $10.4 - $11.3 back into focus. The bullish roadmap eventually reaches the previous high zone around $12.8 - $13.8. However, only a confirmed breakout there would support a move toward $15.5. That final scenario represents roughly 695% upside from the chart’s price, not a guaranteed return or timeline. Lose the base, and the bullish setup weakens. Can RENDER reclaim $2.6 first?