- Render (RENDER) confirmed a Regular Bullish Divergence with OBV, indicating increasing accumulation despite the recent downward price action.
- The price is consolidating above the 50-day EMA with MACD showing bullish signals, supporting the possibility of a strong upside move.
- Render (RENDER) is trading at $4.39 with rising weekly gains, aiming for a 120%-150% rally toward the $10 to $11 range.
Render (RENDER) has confirmed a Regular Bullish Divergence with its OBV on the 3D timeframe, suggesting strong upside potential. The setup projects a possible 120%-150% rally if current technical conditions persist.
Bullish Divergence Confirmed on Render (RENDER)
In a recent tweet, JAVONMARKS highlighted that Render (RENDER) formed a bullish divergence on the 3-day chart. While the price made lower lows, the On-Balance Volume (OBV) created higher lows, signaling quiet accumulation during weakness.
The chart clearly shows declining prices paired with strengthening volume momentum. This divergence often hints at trend reversals, and directional arrows project a potential breakout move. Following the March 2025 bottom, Render has reversed and is now testing resistance near $4.70.
Growing volume during rallies adds further support, making this technical setup increasingly favorable for bullish continuation if buying activity persists.
Render Above 50-Day EMA, Eyes Further Gains
Render (RENDER) has broken above its 50-day Exponential Moving Average (EMA), which confirms an upward short-term view. The latest trend from $2.70 to $4.40 is a series of higher highs and higher lows, a traditional indicator of bulls.
The MACD indicator currently shows bullish conditions with the MACD line staying above the signal line. However, narrowing between the lines suggests momentum needs renewal for a strong breakout. A firm move above $4.70 could open the path toward the $6.00 level, while a failure to hold support may trigger a pullback toward $3.90.
RENDER Market Snapshot and Price Outlook
Render (RENDER) is priced at $4.39 as of writing, with a 24-hour trading volume of $223.7 million. The price reflects a 2.48% dip over 24 hours but shows an 8.21% gain over the past week.
If Render surpasses the current resistance, projections suggest a rally between 120% and 150%, reaching $10 to $11. The alignment of bullish divergence, price structure, and volume trends supports a favorable medium-term view, assuming healthy market conditions continue.
