📈 Analysis and forecast for $RENDER on Binance: what are the further prospects? 📉
As of 19:42 EEST, June 27, 2025, the price $RENDER on Binance is $3.222, showing a 9% increase over the last 24 hours. Increased trading volume and positive sentiment reflect growing interest in Render Network, a platform for AI and NFT rendering supported by Binance.
Technically, $RENDER is in an upward trend. On the 4-hour chart, the 50-day SMA has crossed the 200-day from below, signaling bullish momentum. The RSI (14) is around 65, close to the overbought zone, indicating growth potential but with a risk of correction. Key resistance is at $3.50, a breakout of which could lead to $3.80. Support is located at $3.10, below which is $2.90. Holding above $3.222 strengthens optimism.
Forecast: in the coming days, RENDER may test resistance at $3.50, with a chance to rise to $3.80 by the end of June 2025 if momentum is maintained. By July, a rise to $4.20–$4.50 is possible if interest in AI and rendering continues to grow. The long-term outlook for 2026 is $6+, assuming ecosystem expansion and market trends. Risks include volatility and potential profit-taking after sharp rises. Based on market data and posts on X, there is optimism with forecasts above $3.50, although some traders warn of a correction.
Prospects? A 9% increase and a price of $3.222 are close to resistance at $3.50. Buying at $3.10 with a target of $3.80 and a stop-loss at $2.90 may be justified. RENDER stands out due to innovations in rendering and support from Binance, attracting investors. Keep an eye on news about partnerships and network activity!
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