{"id":637671,"date":"2024-08-25T15:00:15","date_gmt":"2024-08-25T15:00:15","guid":{"rendered":"https:\/\/ktsl888.com\/?p=637671"},"modified":"2024-08-25T12:46:17","modified_gmt":"2024-08-25T12:46:17","slug":"new-breakthroughs-propel-render-price-up-11-heres-whats-happening","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/new-breakthroughs-propel-render-price-up-11-heres-whats-happening\/","title":{"rendered":"New Breakthroughs Propel Render Price Up 11% – Here\u2019s What\u2019s Happening"},"content":{"rendered":"

Render continues its bullish rally with a cool 11% increase as noted by <\/span>CoinGecko<\/span><\/a>. Although the market has dipped slightly, the majority of it is still flashing green with the <\/span>major cryptocurrencies<\/span><\/a> reaching their respective targets. However, recent developments in the Render network made this upward trajectory possible.\u00a0<\/span><\/p>\n

Related Reading: Optimism: Major Partnership Pushes OP Price By 24%<\/a><\/div>\n

Enthusiasts of the network continue to see growth after the platform released its Cinema 4D Wizard tool which sees huge potential in the media industry. This new tool helps artists achieve top-tier outputs while slashing work hours and streamlining workflows.\u00a0<\/span><\/p>\n

New Wizard Tool Shortens Artist Workflow\u00a0<\/strong><\/h2>\n

Render <\/span>released<\/span><\/a> the Cinema 4D Wizard last week, August 20, helping 3D artists to cut work time and streamline their workflows. This plug-in works on the Cinema 4D application, one of the most used 3D rendering software.<\/span><\/p>\n

According to Render\u2019s <\/span>knowledge base<\/span><\/a>, the tool has several features upon launch the most notable of which is the scene checker that analyzes several factors that may affect the final output. This assists artists in cleaning up their renders, making sure that each piece is in tip-top shape.\u00a0<\/span><\/p>\n

\n

https:\/\/t.co\/Skl7nvhDBp<\/a><\/p>\n

\u2014 The Render Network (@rendernetwork) August 20, 2024<\/a><\/p><\/blockquote>\n

NVIDIA Earnings Might Push RENDER Higher<\/strong><\/h2>\n

With the Render network\u2019s focus on decentralized computing, graphic cards are the backbone of the platform\u2019s niche in the decentralized physical infrastructure (DePIN) industry. Nvidia\u2019s nearing earnings call will affect RENDER\u2019s price movement in the coming weeks.\u00a0<\/span><\/p>\n

August 28<\/span><\/a> will be the date investors and traders should monitor. Any positive or negative news will affect the token\u2019s performance once D-day lands. However, the company\u2019s anticipated next-generation AI chips might give RENDER a boost in the long term.\u00a0<\/span><\/p>\n

RENDER is currently trading at $6.13. Chart: TradingView<\/a><\/figcaption><\/figure>\n

RENDER Exhausted After A Week Of Upward Momentum<\/strong><\/h3>\n

As of writing, the token has been rejected by the $6.3 resistance level as a red candle forms on today\u2019s trading activity. This represents a slight dip in the coming days, purely because of RENDER bulls losing momentum in the short term.\u00a0<\/span><\/p>\n

The token\u2019s high relative strength index indicates a strong struggle between the bulls and bears, and the latter is currently winning in the short term. RENDER\u2019s correction period may have started, but it won\u2019t last that long. Investors and traders are still anticipating Nvidia\u2019s earnings call that can turn the correction into another week of bullishness.\u00a0<\/span><\/p>\n

Related Reading: Injective (INJ) Skyrockets 21% As Proponents Weigh In On New Developments<\/a><\/div>\n

For now, the bulls should focus on consolidating their position and stabilize the token\u2019s movement between the $5.8-$6.3 price range as this will be their strongest platform for any upward movement. Any attempt in the short term to retake lost ground won\u2019t be enough and might give the bears an opportunity to swing the little momentum RENDER has to break through $5.8 to $5.3 in the short term.\u00a0<\/span><\/p>\n

Featured image from Medium, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Render continues its bullish rally with a cool 11% increase as noted by CoinGecko. Although the market has dipped slightly, the majority of it is still flashing green with the major cryptocurrencies reaching their respective targets. However, recent developments in the Render network made this upward trajectory possible.\u00a0 Related Reading: Optimism: Major Partnership Pushes OP Price By 24% Enthusiasts of the network continue to see growth after the platform released its Cinema 4D Wizard tool which sees huge potential in the media industry. This new tool helps artists achieve top-tier outputs while slashing work hours and streamlining workflows.\u00a0 New Wizard Tool Shortens Artist Workflow\u00a0 Render released the Cinema 4D Wizard last week, August 20, helping 3D artists to cut work time and streamline their workflows. This plug-in works on the Cinema 4D application, one of the most used 3D rendering software. According to Render\u2019s knowledge base, the tool has several features upon launch the most notable of which is the scene checker that analyzes several factors that may affect the final output. This assists artists in cleaning up their renders, making sure that each piece is in tip-top shape.\u00a0 https:\/\/t.co\/Skl7nvhDBp \u2014 The Render Network (@rendernetwork) August 20, 2024 NVIDIA Earnings Might Push RENDER Higher With the Render network\u2019s focus on decentralized computing, graphic cards are the backbone of the platform\u2019s niche in the decentralized physical infrastructure (DePIN) industry. Nvidia\u2019s nearing earnings call will affect RENDER\u2019s price movement in the coming weeks.\u00a0 August 28 will be the date investors and traders should monitor. Any positive or negative news will affect the token\u2019s performance once D-day lands. However, the company\u2019s anticipated next-generation AI chips might give RENDER a boost in the long term.\u00a0 RENDER Exhausted After A Week Of Upward Momentum As of writing, the token has been rejected by the $6.3 resistance level as a red candle forms on today\u2019s trading activity. This represents a slight dip in the coming days, purely because of RENDER bulls losing momentum in the short term.\u00a0 The token\u2019s high relative strength index indicates a strong struggle between the bulls and bears, and the latter is currently winning in the short term. RENDER\u2019s correction period may have started, but it won\u2019t last that long. Investors and traders are still anticipating Nvidia\u2019s earnings call that can turn the correction into another week of bullishness.\u00a0 Related Reading: Injective (INJ) Skyrockets 21% As Proponents Weigh In On New Developments For now, the bulls should focus on consolidating their position and stabilize the token\u2019s movement between the $5.8-$6.3 price range as this will be their strongest platform for any upward movement. Any attempt in the short term to retake lost ground won\u2019t be enough and might give the bears an opportunity to swing the little momentum RENDER has to break through $5.8 to $5.3 in the short term.\u00a0 Featured image from Medium, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":637681,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,1020,6664,11392],"class_list":["post-637671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-blockchain","tag-crypto","tag-render"],"acf":[],"yoast_head":"\nNew Breakthroughs Propel Render Price Up 11% - Here\u2019s What\u2019s Happening<\/title>\n<meta name=\"description\" content=\"Render continues its bullish rally with a cool 11% increase as noted by CoinGecko. 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/ktsl888.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"New Breakthroughs Propel Render Price Up 11% – Here\u2019s What\u2019s Happening","url":"http:\/\/ktsl888.com\/news\/new-breakthroughs-propel-render-price-up-11-heres-whats-happening\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/new-breakthroughs-propel-render-price-up-11-heres-whats-happening\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/a_46f099.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/a_46f099.png?fit=1200%2C800"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","blockchain","crypto","render"],"dateCreated":"2024-08-25T15:00:15Z","datePublished":"2024-08-25T15:00:15Z","dateModified":"2024-08-25T15:00:15Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"New Breakthroughs Propel Render Price Up 11% – Here\\u2019s What\\u2019s Happening\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/new-breakthroughs-propel-render-price-up-11-heres-whats-happening\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/new-breakthroughs-propel-render-price-up-11-heres-whats-happening\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/a_46f099.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/a_46f099.png?fit=1200%2C800\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"blockchain\",\"crypto\",\"render\"],\"dateCreated\":\"2024-08-25T15:00:15Z\",\"datePublished\":\"2024-08-25T15:00:15Z\",\"dateModified\":\"2024-08-25T15:00:15Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/a_46f099.png?fit=1200%2C800","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/637671"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=637671"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/637671\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/637681"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=637671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=637671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=637671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}