Render (RENDER) has dipped by around 25% in the past 8 days. The token began to struggle since mid-May, with price sliding under the $5 mark. However, while short-term price action looks shaky, a long-term outlook shared by Crypto Patel suggests that Render could be setting up for a massive move. The analyst points to a strong accumulation zone and a major support area that has historically triggered explosive rallies.
According to Patel’s chart and commentary, Render’s fundamentals remain strong, especially as it powers use cases like AI, 3D rendering, visual effects, and gaming. It’s already used by companies like Netflix, Apple, and Disney, and now that it’s integrated with Solana, the speed and cost advantages are even greater. That makes the project a high-potential bet for the next cycle.
RENDER Price Forming Bottom at Strong Support
The chart highlights a zone between $4 and $3.40 as a major accumulation range. This same region acted as strong support in the past, with price bouncing aggressively after testing this area. Patel labels it as “Strong Support” and shows Render once again forming a bottom there in mid-2025. The pattern mimics a previous cycle where Render surged over 45 times from a similar setup.
This time, if history repeats, the price could break out of its current resistance trendline around $8.50 and begin a fresh rally. The structure points toward a curved path upward, with minor resistance levels at $15 and $25, then a more extended target around $47 and beyond. Patel even suggests Render could reach $50, comparing it to “the Nvidia of Web3” but fully decentralized.
Read Also: How Much Could 5,000 Cardano (ADA) Tokens Be Worth by 2026?
Can Render Price Really Go 45x Again?
While predictions like “45x” sound ambitious, Patel reminds followers that Render has done it before. During the last bull cycle, RENDER shot up by more than 49x from its support base. With growing demand for GPU-based decentralized rendering, plus the buzz around AI and Web3 gaming, this kind of momentum is not impossible.
The current setup shows a price projection aiming as high as $47.81 in the long run, a whopping 1,039 percent jump from current levels. The key lies in holding support and confirming a breakout past resistance. If Render stays above its $3.40 support, it could build the foundation for this new explosive phase.
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