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Render (RENDER), a cryptocurrency that once soared to new heights, is now facing a strong decline, with bears taking charge of the market. After a significant surge of over 45% last month, RENDER's bullish momentum has reversed, leaving many investors questioning whether the asset is headed for further declines.
Render (RNDR), the Ethereum-based altcoin, has made waves in the cryptocurrency market with a significant price surge. The RNDR price recently reclaimed the $8 mark, surging by 8.10% in just 24 hours, which has reignited renewed optimism among investors.
RENDER price has surged 48% in the last month, solidifying its position as the largest artificial intelligence coin by market cap at $4.1 billion. It now leads over its closest competitors, TAO, FET, and WLD, reflecting growing interest in the AI-focused asset.
Render (RNDR), the native token of the Ethereum-based AI-driven decentralized rendering network, Render, is witnessing a dramatic bullish surge that has propelled its price past the $8 mark, with investors eagerly eyeing a potential breakout toward the $10 milestone.
Story Highlights The RNDR price reclaims the $8 mark with an 8.10% jump in 24 hours. The EMA 50/200-day hints at a Golden Cross, suggesting sustained bullish action. Render price successfully retests its support of the ascending channel pattern.