RNDR broke out of a bull flag and pennant pattern, signaling a continuation toward higher levels.
Whale activity and strong MACD momentum suggest short-term upside, with $6–$8 as the next resistance.
Render’s pivot to decentralized AI compute boosts utility beyond 3D rendering, gaining enterprise traction.
Render (RNDR) has surged past the $4.70 mark, reclaiming market momentum on the back of a strong reversal and ecosystem traction. Current signals show bullish continuity supported by structural technicals and expanding utility in AI and GPU infrastructure.
Technical Analysts Highlight Macro Bullish Structures
Bitcoinsensus has highlighted a compelling bullish trend for RNDR, starting with long-term accumulation and progressing into a breakout phase. This multi-phase progression signals the potential for continued upward movement, with strong confirmation signals suggesting a sustained rally. Analysts have identified key indicators pointing toward a promising long-term trajectory for RNDR.
Source: Bitcoinsensus
In addition to these insights, Bitcoinsensus provides a comprehensive analysis of RNDR’s macro structure, focusing on its weekly and daily price activity. This in-depth breakdown further strengthens the case for a positive outlook, supporting the belief that RNDR could see significant upward momentum shortly.
According to this breakdown, the coin found major support between $1.70 and $2.95, forming the base for a breakout. He also pointed out a resistance test at $2.95, which was followed by a bullish impulse that carried RNDR to around $8 by mid-2024. This movement formed a bull flag channel, which later compressed into a pennant pattern.
The analyst noted that the pennant breakout in early 2025 signaled a trend continuation, pushing the price above key support zones at $4.06 and $4.39. His chart marks a macro support-resistance flip and a bullish divergence on weekly indicators, reinforcing long-term bullish potential. He projects that RNDR could eventually aim for the $80 psychological target based on pattern extensions.
CryptoBusy Charts Reversal and Ecosystem Expansion
CryptoBusy has offered additional insights by analyzing RNDR’s recovery pattern and ecosystem-level developments. His focus includes both the price structure and its broader shift into AI infrastructure. He described the asset’s V-shaped recovery off March lows as technically significant.
Source: Crypto Busy
His chart captured a break above the descending channel formed after the $11 high in late 2024. Price action has since established a series of higher highs and higher lows, closing recently at $4.735 with a +5.04% daily gain. This break from the downtrend aligns with a projected continuation toward the $6–$7 range.
Besides the technical setup, he emphasized RNDR’s evolution into a decentralized AI compute layer. The Render and Manifest Network partnership delivers low-latency GPU processing, secure CPU compute, and persistent data storage. Alva replied to the discussion, noting whale activity and MACD strength, with caution on potential volatility at $6–$8 levels.