Render Price Analysis – RENDER Likely Headed for $4.15 Support

Highlights:

• Render is in a significant correction intraday relative to the rest of the market
• Render price action is the result of Coinbase delisting 
• Delisting pushing Render towards multi-month support

The cryptocurrency market is having a relatively slow day today. However, it is an actual price correction for some, like Render. In the last 24 hours, Render has dropped by 7.04% to trade at $4.05. Render trading volumes have also spiked in the day, up by 172.54% to stand at $191.3 million. This indicates that many Render holders are exiting their positions in a panic. 

The panic selling of Render is not without basis. It has been hit with negative news, and in cryptocurrency, especially in the altcoin market, bad news could mean a massive loss of value in a short time. 

Coinbase Delists Render and Several Other Tokens

The news hitting the Render community is that Render is one of the four cryptocurrencies that Coinbase is delisting. As one of the world’s largest cryptocurrencies, delisting has negatively affected investors’ perceptions of the cryptocurrency. That’s because a significant portion of the American population using Coinbase may be unable to access Render.

It also means that new investors looking to buy into altcoins may avoid Render out of fear that there is something fundamentally wrong with it. However, looking at the bigger picture, this could be a temporary selloff, and Render could still make a strong comeback in the foreseeable future.

We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on recent reviews, we will suspend trading for Helium Mobile (MOBILE), Render (RNDR), Ribbon Finance (RBN), & Synapse (SYN) on June 26, 2025, on or around 2 PM ET.

— Coinbase Assets (@CoinbaseAssets) May 27, 2025

Delisting Has Nothing To Do with Render Fundamentals

One of the factors likely to drive a rebound is the fact that Coinbase has given an apparent reason for delisting Render. Unlike many tokens usually delisted for a lack of volume, Render is being delisted because it no longer trades under the old ticker. Coinbase stated that the old token versions were no longer consistent with its listing rules. The latest version of the Render token is still tradable on Coinbase. Once investors internalize this fact, the selloff could end, the price stabilizes, and the uptrend could continue.

MOBILE, RNDR, RBN, & SYN are being delisted because new versions of these tokens have been released. As a result, the original versions of these tokens no longer meet our listing criteria.

Trading for MOBILE, RNDR, RBN, & SYN will be suspended on https://t.co/Zkd27RUMRo (Simple…

— Coinbase Assets (@CoinbaseAssets) May 27, 2025

A Strong Use Case Could Help Drive Render Rebound

The uptrend continuation is based on the fact that Render has one of the strongest use cases in the world. Render has a usable rendering product, unlike most cryptocurrencies that rely purely on trader hype. Apple even adopts it for the same purpose. Thanks to its competitive edge in the Rendering space, user numbers will likely grow. Since Render tokens are the mode of payment in the Render ecosystem, this means sustainable value growth going into the future. 

BREAKING: Apple just presented Octane X, the rendering software powered by $RNDR, as the pro rendering app on the new iPad!

You can literally see the $RNDR logo in the video!

Don't ever mention "The Next $RENDER" again. pic.twitter.com/Kxg6llA3jH

— D0c Crypto (@TheRealD0c) May 7, 2024

A Bullish Bitcoin Could Support Render’s Price Rebound

Renders could also benefit from the broader market, which is nearing the beginning of a bullish cycle. Bitcoin is trading at an all-time high, and investors are waiting to see if it can breach it and rally to $120k. Since Render moves in tandem with the broader market overall, it has the potential to rally going forward. The ongoing market price action also makes Render quite attractive in such a scenario because it comes across as undervalued relative to the rest of the market. 

Technical Analysis – Render Trending Towards Multi-Month Support

From the charts, Render is in a correction and trending towards the multi-month $4.15 support. If bears sustain momentum and breach the $4.15 support, Render could drop to $2.74 in the short term. 

However, if the $4.15 support holds and there is a rebound, Render price has the potential to rally to the $6.69 resistance. A push through this resistance could put Render on course to test prices above $10 in the foreseeable future.