Can Render (RNDR) Hit $30 Soon? Analyst Charts Bold Path Toward $38

Uni24.co.za

   
Crypto NewsStudent ReadsEditor's Pick
Online CoursesBursaries for May 2025Uni Application Guides

Can Render (RNDR) Hit $30 Soon? Analyst Charts Bold Path Toward $38

Technical indicators suggest potential for explosive gains — but a rejection could change the game


Render Token Eyes Breakout: Is $30 the Next Stop?

The price of Render (RNDR) is attracting fresh attention after crypto analyst Cihan Türkmen outlined a bold technical roadmap that could send the token as high as $38. The forecast is drawing keen interest across the crypto community, with investors closely monitoring the $4.50 resistance level as a make-or-break moment for RNDR.

At the time of writing, Render is trading just above $4.00, having recently shown signs of bullish momentum. According to Türkmen, a daily close above $4.50 would confirm a breakout, setting RNDR on a path toward a mid-term target of $6.40.

“A move above $4.50 opens the door for Render to run to $6.40—and potentially $10 shortly after,” Türkmen noted.


$10: Not Just a Milestone, But a Launchpad

Beyond the $6.40 level, $10 stands out as a major technical and psychological barrier. The analyst emphasizes that breaking this mark with strong trading volume could trigger a rapid acceleration in price action. From there, Türkmen sketches out a parabolic rally scenario, with RNDR potentially hitting $38 — a 262% gain from the breakout zone.

See Also  Worldpay and Solana Unite to Revolutionize Global Payments with USDG Integration

But it’s not just about patterns. Achieving such heights would require significant capital inflows and a broader market cap expansion. As Türkmen cautions, “This scenario is highly dependent on new capital inflows and market cap expansion.


What If Render Gets Rejected at $4.50?

Of course, not every path leads upward. If RNDR fails to break through the $4.50 resistance, Türkmen predicts a potential pullback to the $2.50 range. Yet, even this wouldn’t necessarily be bad news for bulls. A revisit to $2.50 could form a triple bottom pattern, a classic bullish reversal signal that might pave the way for an even stronger rally later on.

“A rejection here could just be the setup for a more powerful breakout down the line,” the analysis suggests.


Historical Zones and Market Behavior

Another chart shared by analyst @noktali_kanca marks the $10.338 level as a critical breakout zone, followed by a major target zone at $38. The price has shown consistent sensitivity to these levels, and the current structure of the chart supports the potential for a steep upward move, if conditions align.


Conclusion: Render at a Crossroads

With key technical levels approaching and growing investor interest, Render’s price journey is entering a pivotal phase. Whether it breaks above $4.50 or pulls back for a deeper setup, RNDR’s next move could define its mid-term trajectory—and perhaps lead to a surge past $10 or even $30 in the months ahead.

See Also  6 Cryptos Set to Explode in the Next Bull Run as On-Chain Adoption Hits Record Highs in 2024
Share This
Join the Rhapsody Prayer Network
Join the Rhapsody Influencer Network
Prayer of Salvation
Read Today's Rhapsody

 

Read rhapsody of realities daily devotional

Rhapsody of Realities is a life guide that brings you a fresh perspective from God’s Word every day. It features the day’s topic, a theme scripture, the day’s message, the daily confession and the Bible reading plan segment. It is God's Love Letter to You!