Render is revolutionizing the way we think about design and visualization in the digital age. This AI-powered tool not only simplifies the creation of complex visual content but also democratizes access to high-quality design resources, making professional-grade rendering accessible to everyone.
In a recent price prediction from the YouTube channel “D0c Crypto,” the analyst predicts RENDER price to “shock the world” by February 2025.
According to the latest analysis, RENDER price has been consolidating around the $7.00 mark, with recent trading prices ranging from $7.28 to $9.70. The current support level is seen at $6.72, below which a significant drop is not anticipated unless there’s an unexpected market shift.
Bullish Catalysts for RENDER
The analysis points to several upcoming events and policy changes that could propel RENDER prices. Notably, former President Donald Trump’s plans to invest $500 billion in AI development through partnerships with private companies could significantly benefit Render, which is identified as a top AI coin.
Additionally, rumors of Trump proposing tax exemptions on crypto gains for U.S.-based tokens are seen as a bullish signal for Render, potentially attracting a surge of investment into the token.
The analyst also noted the recent minting of over $2 billion in USDC stablecoins within a week, which is crucial given Render’s operation on the Solana blockchain, which has seen increased adoption. This activity suggests a rising tide of liquidity and engagement within the Solana ecosystem, directly benefiting projects like RENDER.
NVIDIA’s Influence on RENDER Price
A key focus of the analysis is NVIDIA’s upcoming Q4 financial results on February 26th, 2025, described as the “biggest event in AI for the year.” Historically, NVIDIA’s earnings announcements have been followed by significant price movements in Render.
For instance, after January 2024’s earnings, Render saw a 133% increase in less than a month. This pattern repeated in May, August, and November of 2024, with RENDER prices rising by 75%, 94%, and 100% respectively following these announcements. The strategy suggested by “D0c Crypto” is to buy RENDER before NVIDIA’s earnings and potentially sell after, capitalizing on these historical trends.
Price Predictions for RENDER and Market Strategy
For the immediate future, the video outlines short-term support and resistance levels for RENDER, with support at $6.50-$7.50 and resistance at $8.90. A breakout above this resistance could lead to a parabolic run, potentially pushing the price to $10.60 or beyond if broader market conditions remain favorable.
Using Fibonacci retracements and moving averages, the analyst predicts a significant bull run, with RENDER possibly testing $20-$50 by February 2025. In an extremely optimistic scenario, RENDER might even reach $100 with continued AI and Solana adoption.
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The analyst concluded that February 2025 will be a pivotal month for the RENDER price due to the confluence of Trump’s AI initiatives, the surge in stablecoin minting, and NVIDIA’s earnings. The current price of RENDER is viewed as a “bottoming out” phase, presenting what the analyst considers a good buying opportunity, suggesting that RENDER price could not only reach new all-time highs but might also exceed $100, given the right market conditions.
