Render (RNDR) price is currently trading at $3.12, showing a 5.49% daily increase with short-term gains expected.
Analysts suggest a temporary relief bounce for RNDR amidst a broader bearish trend, cautioning that a confirmed reversal is yet to be seen.
Price forecasts for RNDR in 2025 range between $6.87 to $9.43, indicating bullish sentiment for the token's future.
Market structure analysis indicates RNDR remains within a descending price channel, and a breakout above the $3.30-$3.40 region with solid volume is crucial for a potential trend reversal.