A well-known crypto analyst, CryptoPatel, has shared a bullish chart that suggests RENDER could be gearing up for a massive breakout. According to the analyst, RENDER may surge as much as 1,600% from its current level and potentially hit $50.
In a recent post on X, CryptoPatel compared RENDER’s current price structure to its previous bull cycle. Back then, RENDER jumped nearly 5,000% and delivered a 49x return. The chart shows that RENDER is once again bouncing off a strong support zone, this time between $2.90 and $2.56, with a current trading price around $4.37.
The setup includes a breakout from a downward resistance trendline and entry into a new accumulation phase. This zone, marked between $3.40 and $4.00, mirrors previous patterns that led to explosive moves. The RENDER chart also draws a projected path where the price gradually climbs through multiple resistance levels, eventually targeting $8.60, $15, $25, and even $50.
Source: X/@CryptoPatel
CryptoPatel describes RENDER as the “Nvidia of Web3″ due to its role in powering 3D rendering, VFX, AI workloads, and gaming infrastructure. The token already has use cases involving companies like Netflix, Apple, and Disney. Now with its operations moving to Solana, transaction speeds are faster and fees are lower.
What makes the prediction especially notable is the repetition of a similar fractal pattern seen before RENDER’s last rally. The chart highlights how a previous support bounce led to a parabolic rise. If this pattern repeats, the next leg could push RENDER’s price significantly higher.
Still, the analyst cautions that the setup would be invalidated if RENDER drops below the $2.50 support level. For now, though, the structure remains intact and bullish.
While there’s no guarantee that history will repeat exactly, the combination of strong fundamentals, renewed ecosystem growth, and technical support suggests RENDER might be preparing for something big.
As the AI and Web3 narrative continues to gain momentum, all eyes are now on RENDER to see if it can live up to the hype again.
Read also: Buy Before the Boom? 5 Altcoins That Could Be 2025’s Breakout Stars
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