Render Token Could Rally 71% as Trendline Breakout Looms

Render (RENDER) has emerged as a focal point for technical analysts amid signs of a potential breakout from a prolonged downtrend. ZAYK Charts, a crypto analyst active on X, highlighted a key chart pattern suggesting the token could rally by up to 71%, from its current price of approximately $4.13 to a target of $7. This projection hinges on a confirmed retest of a long-term descending trendline that had constrained the asset since late 2024. A sustained close above this trendline would serve as a bullish confirmation, signaling the possible start of an upward trajectory [1].

The observed price action mirrors a recurring technical setup seen in other cryptocurrencies that reversed downtrends earlier in 2025. ZAYK’s analysis notes that RENDER first broke out of a key resistance level, experienced a pullback to retest the breakout point, and is now exhibiting renewed buying pressure. If this sequence continues, it could validate the continuation of the uptrend. The green box on the daily chart visually represents the potential magnitude of the move should the pattern hold [1].

While the $7 price target represents a forecast rather than a guaranteed outcome, the analysis is grounded in the historical behavior of the asset and the mechanics of trendline retests. Analysts caution that broader market conditions—such as crypto sentiment and macroeconomic factors—could influence the trajectory. However, the immediate technical outlook remains positive if RENDER maintains its position above the broken trendline. Traders are advised to monitor the $4.13 level as a critical support threshold in the near term [1].

The potential 70% upside for RENDER is framed as a high-probability trade for those aligning with ZAYK’s analysis. This scenario underscores the role of technical analysis in short-term crypto dynamics, particularly for assets like RENDER that have previously demonstrated resilience after extended corrections. The narrative also highlights the importance of patience, as the retest phase often acts as a final confirmation before a decisive move unfolds [1].

Current market data indicates RENDER trading at $4.05, with a 0.73% decline in the past 24 hours, though the broader long-term structure remains the focus. ZAYK’s method of identifying breakout zones has previously drawn attention in the crypto community for its precision, building a following among traders seeking actionable insights [1].

Source: [1] [RENDER Token Could Be Next Crypto to Spike If This Chart Structure Plays Out] [https://captainaltcoin.com/render-token-could-be-next-crypto-to-spike-if-this-chart-structure-plays-out/]