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Render Token (RENDER) recently saw an 11% jump after Apple referenced Octane, Render’s 3D design software, during its M4 chip launch. This quick mention highlighted Octane’s compatibility and performance on Apple’s newest hardware, which traders and investors took as a positive nod to Render’s utility in high-performance applications. Such recognition from Apple, a tech giant, has added to the recent upward momentum in RENDER, signaling broader industry acceptance of its capabilities.
$RENDER – @rendernetwork
— AltCryptoTalk (@AltCryptoTalk) October 29, 2024
Connecting artists looking to render next-gen 3D media with near-unlimited GPUs. 💻#RENDER has been a powerhouse, holding firmly above the $5 level as key support.
As long as the $4 support level holds, bulls are expected to step in aggressively. 🚀… pic.twitter.com/mKOTeNctzx
The endorsement aligns with growing market enthusiasm for AI and 3D software solutions, which have increasingly been catching the eye of investors. Render’s role in the creative tech landscape positions it well in a world leaning towards digitalization, and many investors are now betting on its future potential. As mainstream integration of AI and rendering tools rises, RENDER’s value could benefit further in the coming weeks, supported by strong investor interest.
Key Render Levels To Watch – October 31
The Render (RENDERUSD) daily chart indicates a potential bullish reversal. The price is holding above a strong support level at $4.3000, while the MACD shows signs of convergence, suggesting upward momentum.
The 9-day SMA is positioned below the price, which supports a bullish trend. If RENDERUSD breaks above the $7.8720 resistance, it could target the next significant level at $9.3060.
RNDRUSD Key Levels
Resistance Levels: $7.8720, $9.3060, $11.6600
Support Levels: $4.4520, $3.4100, $2.0000
LINK Metrics
Total Market Capitalization: $2.33T
Render Market Capitalization: $2.45B
Render Volume: $150.77M
Market Rank: #34
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