RENDER RNDR faces significant resistance at the 7 USD level, hindering price growth and suggesting a potential bullish reversal if surpassed. The present price of 6.73 USD, with a recent 0.58% decline, highlights consolidation and slowdown in trading, resulting in reduced market activity.

Whale activities over 100,000 USD have increased, with transactions spiking from 148,460 to 866,180 tokens. Despite not confirming buying activity, these movements contribute to price volatility due to whales controlling 76% of the RNDR supply. This activity conveys potential for sharp price fluctuations.

Network activity depicts a decline, with active addresses nearing a two-month low and transactions reduced to 270. This may hinder upward momentum if RENDER fails to attract new users, negatively impacting RNDR’s recovery potential amidst bearish signals that may influence 2025 price performance.