$RENDER RENDER’s price is up today because it is showing **strong short term momentum**, backed by rising trading volume, on chain activity, and renewed interest in AI related tokens, even while overall market sentiment is still cautious.[1][3][5]
Here are the main points **“Why is RENDER’s price up today?”**:
- **Solid daily jump and recent strong performance**
RENDER is up about **4 to 5 percent in the last 24 hours**, and has gained roughly **49 percent over the past 30 days**, making it one of the stronger mid cap performers in this period.[1][2]
- **Riding the AI narrative**
Analysts note that **RENDER has helped lead the latest “AI token” rally**, with its price surging more than **80 percent in a recent leg up**, as traders look for exposure to AI infrastructure plays in crypto.[5]
- **Rising trading volume and network usage**
Data shows RENDER’s **trading volume recently hit around 180 million dollars, the highest level since early November**, and **daily active addresses have jumped from about 50 to over 500**, signaling higher demand and usage on the network.[3]
- **Bullish short term technical setup**
RENDER has climbed above key moving averages, and several short term MAs flash **“BUY” signals**, while it trades above the 200 day SMA, which is usually seen as a **bullish market structure**.[1]
- **Momentum traders stepping in despite cautious market mood**
Even with the broader crypto Fear & Greed Index sitting in **“Fear” territory around 29**, RENDER is still moving higher, which attracts **momentum and breakout traders** looking for coins that can outperform in a nervous market.[1][5]
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