Render Token Price Prediction 2024, 2025, 2030: Will RNDR Token Hit $12 This Month?

*The statistics are from press time.

The RNDR price displayed a neutral trend for a period, following which the bulls regained momentum and recorded a jump of approximately 100% before facing rejection at the resistance level of 12.70. Following this, the price traded in a consolidated range for a period, after which the bulls regained momentum and successfully achieved a new all-time high of $13.840.

The market then lost momentum and recorded a correction of 19.12% in valuation, after which the price traded in a closed range between $10.790 and $11.705 for a brief period. Recently, the market lost momentum and since then, the price has been trading under a bearish influence.

The technical indicator, MACD, displays constant flatline in the chart, indicating a weak buying and selling pressure for the altcoin in the market. Further, the averages show a mixed sentiment, suggesting uncertainty in the future price action in the coming time.

If the bulls hold the price above the support level of $9.410, the bulls will attempt to test its upper limit of $11.705 in the upcoming weeks. Conversely, if a trend reversal occurs, the bulls will lose momentum and fall to test its lower support level of $7 this month.

The Render Network will ultimately incorporate crowd-sourcing 3D projects along with digital rights governance. It will additionally establish a thriving new marketplace for funding digital insights, capital, and implementations that everyone can access and use. That being said, the cost of RNDR could reach a high of $19.81 by the conclusion of 2024.

Contrarily, if bears dominate the market or the coin loses its steam due to its rivals, the token might plunge to $15.51. Collectively, restrained by a linear momentum, with the lack of spurring initiatives, RNDR’s price might find support at $17.66.

If the ecosystem encourages greater adoptions and partnerships while also luring institutional funding. With an increased market valuation, it might blow its cost records and acquire a grander price momentum. Successively, the price could rise to a maximum of $24.63 by the end of 2025.

However, if it confronts tougher opposition from evolving rivals, the value could fall to $18.11. The equilibrium in the bullish and bearish targets could land the average price at $21.37.

According to our analysts, RNDR Token price prediction for the year 2026 could range between $22.89 to $29.81, and the average price of Render Token could be around $26.35.

According to our analysts, the Render price for the year 2027 could range between $25.38 to $37.56, and the average price of RNDR Token could be around $31.47.

According to our analysts, RNDR crypto prediction for the year 2028 could range between $31.12 to $44.52, and the average Render Token price could be around $37.82.

According to our analysts, the Render Token forecast for the year 2029 could range between $38.54 to $50.21, and the average RNDR coin price could be around $44.37.

According to our analysts, RNDR Token predictions for the year 2030 could range between $46.23 to $58.67, and the average Render price could be around $52.45.

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

CoinPedia’s’ price estimate for the Render Token (RNDR) indicates that the token has a fantastic environment for gaming and videos. In light of its performance over the prior year.

Render Token may experience big growth by the end of this year and surpass the $19 mark with a possible high of $19.81. In more detail, we predict that the price of RNDR will vary between $15.51 and $17.66.

Jules Urbach, CEO of OTOY, based in Los Angeles, created the protocol in 2016. The Render Network is a high-throughput distributed GPU rendering channel. It supports the swap of computational services between GPU suppliers and GPU requestors using OTOY operating systems. They are then given to node operators after being manually approved.

GPUs are frequently idle while not being used by a developer to render their work, despite being in high demand. In both user bases, this stops malicious actors. Designers and developers can deploy real-time rendering to dynamically adjust ecosystems for the customers. Their users can then use them to create NFTs and the Metaverse as augmented reality becomes much more prevalent.

The Render Network links individuals with graphic processing units (GPUs) with ones who want to render graphics. It was launched in 2020 following the beta testing program of OTOY. GPUs carry out a wide range of tasks like frequently rendering images and films for video games, filmmaking, etc. Through the RNDR ecosystem, GPU technology is becoming faster, adaptable, and equipped to produce realistic visual effects.

It is an ERC-20 utility token, for GPU providers, artists on the network exchange it from the providers. Before payment transfers and the distribution of the artwork, RNDR uses a method that combines manual and automatic proofs of work. Moreover, To protect both customer bases from cyber criminals and all criminals, all investments availed on the system are watermarked until a deposit is effectively distributed.

• In its first year, the token rose rapidly following its release, varying from $0.04677 on June 13th. It continued to develop and struck $0.2699 on August 27th. It concluded the year by recovering from its loss and it was trading at about $0.1827 on December 5th.
• The year 2021 culminated in a negative impact on the prices as it started with a low pace of $0.1171 on January 29th. But, very soon the prices started to increase in February and March reaching $2.50 on March 27th.
• While on 22nd June 2021, RNDR once again plummeted to $0.3967, later on, it rebounded to $1.59 on 22nd August. By December 10th, the token had returned to $3.50 and further increased to $6.14 on December 23rd.
• The token kickstarted on a bearish note. Following this downtrend, it fell to a low of $1.98 on 22nd January and rose again on 6th February to $3.84.
• The coin touched $2.31 by the end of February. Several business collapses shook the already turbulent cryptocurrency markets. May and June witnessed some of the highest recorded drops in their value. 
• With RNDR markets falling under the dollar range before finally reaching a 15-month dip of $0.2774 on June 18th. The altcoin suffered a 70% loss in the 2nd quarter. Successively, at the time of writing RNDR prices were lingering around $0.4663.

CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!

With a current circulating supply of around 363,911,539 million coins (55%), there is a maximum supply of 536.87 million RNDR.

The coin has solid fundamentals and great rendering capabilities which makes it a good long-term hold.

The RNDR price can potentially rise as high as $19.81 by the end of 2024.

All major exchanges like Coinbase, Binance, etc have listed RNDR on their exchanges for trading.

The Render Token is expected to reach a maximum value of over $24.63 by 2025.

The Render Token supports blockchain technology that can be used to revitalize rendering options for video game illustrations.

According to our Render Token price prediction, if the bulls take charge the price of RNDR could reach the $24.63 mark by the end of 2025. With a potential surge, the price could go as high as $58.67 by the end of 2030.

At the time of publishing, the price of 1 RNDR was $9.313.