Key Takeaways
In 2024, Render Network marked a transformative year , tripling its usage rate and expanding its network reach while pioneering advancements in AI and holographic media.
Among its highlights include powering visuals for Las Vegas’s Sphere shows and being recognized as a DePin leader for the second consecutive year.
Entering 2025 on a high note, RENDER’s price surged 30%, rebounding from key support levels.
If the momentum holds, it could reach new all-time highs.
AI tokens did not perform well in 2024, even though they garnered considerable interest in the crypto market, aided by NVDA’s remarkable rise in the stock market.
Later in the year, AI agents and AI-generated memecoins were all the buzz, highlighted by GOAT‘s rise above a $500 million market capitalization.
Nevertheless, AI tokens increased by only 46% in 2024, trailing well behind the best performers, Memecoins and DeFi, at 335% and 220%, respectively. To compare, Bitcoin (BTC) increased by 124%.
This all changed in 2025. In the last seven days, AI tokens have been the best-performing category. With an increase of 23%, they took first place from memecoins at nearly 19%. Leading the charge is RENDER with a 30% price increase, setting the stage for a new all-time high price.
RENDER’s bounce (white icon) positions it well for trend continuation in 2025. The bounce was critical since it validated the previous all-time high support region of $6.80.
In addition, RENDER broke out from a descending resistance trend line, confirming that the previous drop below $6.80 (black circle) was just a deviation.
RENDER is attempting to begin an upward movement toward the $11.50 horizontal resistance area, which has previously caused two rejections.
More recently, it created a long upper wick (black icon) and triggered a downward movement toward the $6.80 support area.
Because of the bounce, technical indicators have turned bullish. The Relative Strength Index (RSI) increased above 50, and the Moving Average Convergence/Divergence (MACD) moved above 0, both signs of a positive trend.
So, the weekly time frame suggests RNDR will at least reach the $11 horizontal resistance area.
The wave count suggests that RENDER will reach a new all-time high price. This is because of the three corrective A-B-C structures, visible in both the long-term (yellow) and short-term (black), whenever the RNDR price declines.
So, RNDR likely started a new five-wave upward movement in August and is currently in wave five. Giving wave five the same length as waves one and three combined leads to a high of $14.32. This will be a new RNDR at an all-time high price.
If wave five extends further, RENDER can reach a high between $19.25-$20.25. This will give wave five 1.61 times the length of waves one and three combined and reach the 1.61 external Fibonacci retracement of the previous decline.
Conversely, a close below $6.50 will invalidate this bullish count. This currently seems unlikely.
The RNDR outlook for 2025 is bullish. The price action and wave count predict an increase toward a new all-time high. The first RNDR target is at $14.32 while the second is at a range between $19.25 and $20.25.