Render (REN) is currently trading at $2.61, reflecting a robust 9.95% increase over the past 24 hours. The asset has experienced a daily range of $0.39, with a high of $2.68 and a low of $2.29, indicating strong volatility.

Volume stands at approximately 296 million, which represents 21.90% of the market cap, suggesting significant trading activity and investor interest. The short-term moving averages show a bullish trend, with the 55 SMA at $2.36 and the 144 SMA at $2.32 indicating upward momentum over both mid and long-term perspectives.

The 1-hour RSI at 74 indicates that RENDER may be overbought in the very short term, which could lead to a slight pullback. Conversely, the 7-day RSI at 54 suggests that the asset is still within a healthy range, indicating room for further upward movement without immediate overbought signals.

In the context of price changes, RENDER has seen a notable 22.43% increase over the past week, a staggering 94.82% over the last 14 days, and a 68.22% rise in the past month. These figures point to a strong bullish trend, reflecting growing investor confidence in the asset.

Despite the recent gains, the price is still significantly below its all-time high of $13.53, achieved in March 2024. This suggests a potential for further growth, as the market has not yet reached previous highs, indicating that there may be a longer-term bullish trajectory ahead.

Considering the current price action, moving averages, and the RSI indicators, a Buy rating is warranted for RENDER. The strong upward momentum combined with substantial trading volume supports the potential for continued gains, though investors should be mindful of short-term overbought conditions.