RENDER: Network Usage Hits 12-Week High

RENDER on-chain activity exploded as network usage reached a 12-week high according to Santiment, pushing price back above $2.25 for the first time in four months and confirming fresh buying demand in the AI sector.

Price currently sits at $2.35 inside the Bollinger Bands with upper resistance at $2.39; RSI(14) at 75.82 flashes overbought while the MACD golden cross at 0.11 keeps the structure bullish above EMA50 support of $2.0 and EMA200 at $1.91, pointing to a probable retracement before continuation. This move refines RENDER price prediction models and underscores AI industry impact even amid crypto market crash concerns.