$RENDER
๐ $RENDER Market Update โ July 18, 2025
#RenderNetwork #RNDR #CryptoTrends #AIBlockchain
๐ฅ Current Price: $7.24 USD
๐ 24h Change: -1.82%
๐ Market Cap: $2.7B
๐ Trend: Mild Bearish
๐ก Highlights:
Render is facing short-term selling pressure, likely due to profit-taking after a recent rally.
Still holding strong support around $7, indicating bullish accumulation.
Long-term interest in AI + blockchain projects keeps Render in spotlight.
Whale wallets remain active; over 5.2M RNDR transferred to cold storage this week ๐
Analysts eye a potential breakout if price reclaims $7.50 resistance zone.
๐ง Why It Matters:
Render Network provides decentralized GPU renderingโessential for AI, gaming & 3D apps. Big upside potential as Web3 creativity and metaverse adoption grows.
๐ Watch Zones:
Support: $6.80
Resistance: $7.50 โ $8.20
๐ข Hold or Fold?
If you're in for the tech, this might be a dip worth watching. Short-term traders, stay cautious.