RENDER Breakout Could Signal the Next AI Bull Run

• RENDER is showing signs of a potential breakout after consolidating below key support levels.
• The recent announcement of a massive US investment in AI infrastructure is a major bullish catalyst for RENDER.
• The token is currently undervalued compared to its potential in the rapidly growing AI sector.

RENDER, a leading player in the AI infrastructure space, is primed for a significant price surge. After consolidating below key support levels, the token prepares for a breakout. This bullish sentiment is further strengthened by recent developments in the AI sector.

In the market, RENDER’s price has seen a strong upward trajectory, breaking above key resistance levels. Technical analysis confirms the breakout from a Bull Flag pattern.

Based in the chart, the token is currently exhibiting a classic bullish breakout pattern. After a period of consolidation within an ascending channel (the “flag”), the price has decisively broken above the upper trendline. This breakout has occurred with significant volume, suggesting strong buying pressure.

Technical Targets For RENDER

TP1 (Initial Target): The initial target is set at the All-Time High (ATH), indicating a strong bullish momentum.
TP2 & TP3: Subsequent targets are projected at $30 and $50, respectively, based on the size and strength of the breakout.

This breakout implies a potentially significant upward move for RENDER. The cryptocurrency is likely to experience a period of rapid price appreciation as it moves towards these targets.

Source: TraderFy

$RENDER || Bull flag breakout CONFIRMED! Now is breaking out with explosive force.We’re targeting ATH for TP1, then price discovery and am laser-focused for $30, and the ultimately target for this bull run at $50 mark.This is a once-in-a-lifetime opportunity!Dont miss it

Market Experts View RENDER as Potentially Undervalued

Adding to the bullish momentum is the recent announcement by Donald Trump of the creation of “Stargate,” a new US company dedicated to investing $500 billion in AI infrastructure, has generated a buzz in the tech community. This massive investment will undoubtedly accelerate the development and adoption of AI technologies, creating a favorable environment for a AI focused companies.

Given RENDER’s pivotal role in providing AI infrastructure solutions, this development positions the company for significant growth. As per market experts, the AI token appears to be undervalued compared to its potential in this rapidly expanding sector. This presents a compelling opportunity for investors looking to capitalize on the Artificial Intelligence boom.