Render RENDER
Current Price
$1.50 -0.11%
$0.0500 Daily Range (3.33%)
$1.48$1.53
$37.00M Daily Volume
633 BTC
Vol/MktCap: 4.76%
Market Performance
0.11% Relative BTC Volume
The total volume of Render is $37.00M over the past 24 hours, compared to $33.82B total Bitcoin volume.
Hourly Moving Average
8 SMA $1.51 -0.60%
13 SMA $1.51 -0.50%
21 SMA $1.51 -0.58%
55 SMA $1.53 -2.20%
144 SMA $1.54 -2.75%
Price Performance
-0.22% 1 Hour Change
$1.50 from $1.50
-5.91% 7 Day Change
-$0.0887 from $1.59
-11.96% 14 Day Change
-$0.1794 from $1.68
-25.76% 30 Day Change
-$0.3863 from $1.89
All Time High
March 17, 2024
$13.53 -88.93%
-$12.03 vs. now
24H Change
-989.32K USD -0.13%
-17 BTC
Volume and Supply
Total Supply: 533.53M RENDER 
518.77M RENDER Available97.23% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
26.61 x BTC Supply27:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
24.58M RENDER
traded over past 24 hours
4.74% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Render AI Market Analysis
Render (RENDER) is currently priced at $1.50, reflecting a 24-hour change of -1.82%. The daily trading range has been tight, with a high of $1.53 and a low of $1.48, indicating low volatility during this period.
The volume traded in the last 24 hours stands at approximately 37.96 million, with a volume-to-market cap ratio of 4.87%. Moving averages are showing bearish signals, with the 8, 13, and 21 SMA all hovering around $1.51 and declining, while the 55 and 144 SMA are slightly higher at $1.54 but also in a downward trend.
The Relative Strength Index (RSI) for the past hour is at 46, suggesting that Render is approaching neutral territory but is not yet oversold. Over the past week, the 7-day RSI is at 49, indicating a lack of momentum in either direction, while the 14-day and 30-day price changes of -12.93% and -26.39% respectively reveal significant bearish pressure in the longer term.
Given that Render reached an all-time high of $13.53 in March 2024, it currently appears to be significantly undervalued. The ongoing downtrend coupled with recent price actions suggests that the market sentiment is weak, and a recovery may take time as indicated by the longer-term price declines.
In conclusion, despite Render's historical performance, the current technical indicators reflect a bearish trend with potential for further downside in the short term. Therefore, the recommendation is to Hold RENDER until clearer bullish signals emerge, particularly a sustained recovery above $1.54 with increased volume.
The volume traded in the last 24 hours stands at approximately 37.96 million, with a volume-to-market cap ratio of 4.87%. Moving averages are showing bearish signals, with the 8, 13, and 21 SMA all hovering around $1.51 and declining, while the 55 and 144 SMA are slightly higher at $1.54 but also in a downward trend.
The Relative Strength Index (RSI) for the past hour is at 46, suggesting that Render is approaching neutral territory but is not yet oversold. Over the past week, the 7-day RSI is at 49, indicating a lack of momentum in either direction, while the 14-day and 30-day price changes of -12.93% and -26.39% respectively reveal significant bearish pressure in the longer term.
Given that Render reached an all-time high of $13.53 in March 2024, it currently appears to be significantly undervalued. The ongoing downtrend coupled with recent price actions suggests that the market sentiment is weak, and a recovery may take time as indicated by the longer-term price declines.
In conclusion, despite Render's historical performance, the current technical indicators reflect a bearish trend with potential for further downside in the short term. Therefore, the recommendation is to Hold RENDER until clearer bullish signals emerge, particularly a sustained recovery above $1.54 with increased volume.
Updated 193 minutes ago.