Can RENDER take off again in October with the AI boom?



Currently, the RENDER price is $3.40, down 1.82% in the last 24 hours, with a market cap of $1.75 billion. On-chain, the RSI is in the mid-range (40-60), and the AO indicator at -0.169 is in a slightly bearish state.

Technical analysis: Resistance at $3.59 above, if broken, can look to $3.80; support at $3.37 below, if lost, consider $3.00. CoinCodex predicts it could reach $4.16 on October 13 (an increase of 23.72%), with a monthly target range of $3.38-$4.80.

Key highlights: RENDER, which combines GPU rendering and AI concepts, is expected to reverse the downward trend of September this month. If the AI hype continues, reaching $4.35 next month is not a dream (up 14.88% from last month). However, the recent short-term momentum is relatively weak, so it may take a little longer.

It may not be the best time to enter the market now; let's wait and see if there are better entry points.
RENDER4,32%
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