Render (RENDER) is currently priced at $3.76, reflecting a 3.67% decrease over the past 24 hours. The daily trading range has been relatively tight, with a high of $3.97 and a low of $3.69, indicating limited volatility during this period.

The volume of 74,007,921 represents 3.80% of the market cap, suggesting a moderate level of trading activity that may not indicate strong buying or selling pressure. Moving averages show a bearish trend, with the 8 SMA at $3.76 just above the current price, while the 13 SMA, 21 SMA, and 55 SMA have all indicated declining prices over the short and medium terms.

The hourly RSI is at 33, which is below the oversold threshold of 30, indicating potential for a short-term bounce but could also suggest continued weakness if selling pressure persists. Conversely, the 7-day RSI is at 50, showing neutrality, while the 14-day price change has been positive at 11.98%, suggesting some recovery over a longer timeframe.

Despite a recent downturn, the 7-day price change shows a slight increase of 1.13%, hinting at potential stabilization. However, the 30-day price change of -3.87% indicates that the asset has struggled to maintain upward momentum in the recent past.

Render's all-time high was recorded at $13.53 in March 2024, highlighting significant potential upside if the market sentiment shifts positively. Current technical indicators suggest that the price may be finding support near $3.69, with resistance at $3.97.

Given the current bearish trend in the moving averages, the low RSI levels, and the overall market sentiment, a cautious approach is warranted. Therefore, the recommendation is to Hold RENDER for the time being, as a clearer trend may emerge in the coming days.