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<p>With a new bull run in the crypto market, the AI tokens are back in action as Bitcoin crosses the $100,000 mark. RENDER has increased by 9.29% among the top-performing AI tokens, reaching a market price of $9.79.&nbsp;</p>  
<p>As the AI token reaches a market cap of $5 billion, the broader market anticipates a bull run in RNDR price to cross the $13 barrier. Will this ongoing rally result in an extended bull run? Let's find out.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-render-price-analysis">Render Price Analysis</h2>  
<p>The 4-hour chart shows the RNDR price action showcasing a falling channel breakout rally, gaining momentum. After consolidating within the parallel range for most of November, the recent surge of 26% creates a gold candle, breaking the overhead resistance trendline.</p>  
<figure class="wp-block-image size-large"><img src="https://image.coinpedia.org/wp-content/uploads/2024/12/05130210/image-8-1024x509.webp" alt="Render Price Analysis" class="wp-image-389481">
</figure>  
<p><a href="https://www.tradingview.com/x/xsyZ33ZR/" target="_blank" rel="noopener noreferrer nofollow">Tradingview</a></p>  
<p>Starting from the 50-day EMA, the bullish candle extended from $8.67 to a closing price of $10.93. Further, the RNDR price surpassing the $10 psychological mark marks the 24-hour high at $11.75.</p>  
<p>However, the sudden pullback due to the overhead supply and the pullback in the broader market has led to a retest. With an 11.16% drop in the past 4 hours, a red candle retests the broken resistance trendline.&nbsp;</p>  
<p>Currently, the RNDR price is at $9.70 and teases a post-retest reversal. However, the intensity of the red candle warns of a bullish failure.&nbsp;</p>  
<p>With the bullish candle, the MACD and signal lines have regained positive alignment, suggesting a potential uptrend if the prices avoid a closing below the $10 psychological barrier.</p>  
<h2 class="wp-block-heading" id="h-will-rndr-price-shoot-up-post-retest">Will RNDR Price Shoot Up Post-Retest?</h2>  
<p>Currently, the RNDR price is within two crucial boundary lines, with $9.30 acting as the nearest support and $11.65 as the immediate resistance. A breakout of either of the price levels will determine the upcoming price trend.&nbsp;</p>  
<p>In case of a bullish return, around $13.27 and $15 psychological marks are the immediate price targets. In case of closing below the $9.30 support, the 50-day EMA and the 100-day EMA at $8.65 and $8.13 could provide reversal chances.&nbsp;</p>  
<p>Read More: <a href="https://coinpedia.org/price-prediction/render-token-rndr-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Render (RNDR) Price Prediction 2024, 2025-2030.</a></p>  
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>  
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1733383943148"><strong class="schema-faq-question">Can RNDR break past $13?</strong>
  <p class="schema-faq-answer">If the price holds above $9.30 and sustains its bullish trend, RNDR has a strong chance of breaking past the $13 mark.</p>
 </div>
 <div class="schema-faq-section" id="faq-question-1733383973291"><strong class="schema-faq-question">What is Render's key support level?</strong>
  <p class="schema-faq-answer">Render's key support level is $9.30. A drop below this level could test the 50-day and 100-day EMAs around $8.65 and $8.13.</p>
 </div>
 <div class="schema-faq-section" id="faq-question-1733383973652"><strong class="schema-faq-question">What is Render’s current price?</strong>
  <p class="schema-faq-answer">Render is trading at $9.70, currently testing a post-retest reversal after a pullback from recent highs.</p>
 </div>
</div>

RNDR Price Jumps 9.29%: Is a Bull Run to $13 on the Horizon?

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