Render (RNDR):
The Render token price has successfully achieved a new all-time high this year, indicating a massive rise in the adoption of AI-based cryptocurrencies in the market. Moreover, this category has witnessed significant growth over the past year, highlighting a positive outlook for these altcoins in the coming time.
The Moving Average Convergence Divergence (MACD) displays a constant decline in the histogram, highlighting an increased selling pressure in the crypto industry. Moreover, the averages show a high possibility of a negative price action during the upcoming weeks.