• Render Token (RNDR) is an Ethereum token that powers Render Network, a protocol that enables distributed graphics processing
• In Render Token (RNDR) Price Prediction 2023, the bullish prediction for RNDR price is $1.586 to $4.065 while the bearish prediction is $1.097
• The current market status of RNDR shows a 24-hour trading volume of $312,624,582 and circulating supply of 363,911,539.11
Render Token Overview
Render Token (RNDR) is an Ethereum token that powers Render Network, a protocol that enables distributed graphics processing. It will allow complex GPU-based render jobs to be distributed and processed on a peer-to-peer network, making the transactional process of rendering and streaming 3D environments, models, and objects much simpler for end-users.
Current Market Status
The current market status of RNDR shows a 24-hour trading volume of $312,624,582 and circulating supply of 363,911,539.11 with an all-time high price recorded at $8.78 on November 21 2021.
Price Prediction 2023
In the Render Token (RNDR) price prediction 2023 we use statistics such as price patterns , RSI , RVOL , etc . to analyze the future movement of the cryptocurrency . In general , the horizontal channel pattern which contains highs and lows running horizontally parallel provides suitable points for buying and selling . At present , RNDR’s price is recorded at around $ 2 . 38 with resistance levels being expected at $ 2 . 117 , $ 2 . 581 &amp;amp;amp;amp;amp;amp; 3 . 525 while support levels being expected at $ 1 . 638 after proper analysis & analysis techniques are used in this regard .
The bullish forecast for RNDR prices in 2023 stands between 1 . 586 to 4 . 065 while bearish forecast stands at 1 . 097 if proper analysis techniques are applied in this regard as per our crypto experts‘ opinion & combined data from CoinMarketCap & other sources accordingly !
In conclusion , Render Token (RNDR ) has great potential in terms of its usage & application , making it one among the top cryptocurrencies in terms of its popularity & reach across various sectors including gaming / streaming / virtual works etc .. Also taking into consideration its current market status along with predictions for year 2023 gives us further insight into how well this could perform in near future & further downline !