RNDR & FET AI-Infrastructure Updates Boost Trend, Watch MAs

RNDR and FET remain central to the AI-infrastructure narrative after fresh GPU-market and AI-agent updates. Render (RNDR) approved RNP-023, integrating Salad Network and adding ~60,000 decentralized GPUs to support a more “Default GPU Layer” for enterprise generative AI, including community-governance access to NVIDIA H100/H200-class hardware. Traders are watching RNDR’s chart strength: price is above the 7-, 30-, and 200-day SMAs, with MACD histogram at +0.0166 and RSI-14 at 62.86, suggesting momentum without an extreme overbought condition. The article highlights potential accumulation on pullbacks toward about $1.85 (30-day zone), with an upside path toward $2.50–$3.00 if the 30-day support holds. Fetch.ai (FET) is framed as a “catch-up” move in AI agents. The focus is on FET reclaiming the 200-day SMA near ~$0.226, with shorter/medium averages turning into support. Momentum signals look improving: MACD has crossed up from below zero and RSI-14 is 57.93, a less-stretched trend zone than RNDR. Overall, the combined thesis is that RNDR and FET need long-term moving averages to act as durable floors, and on-chain/service metrics to validate the AI hype. Short term, RNDR looks like the leader; FET may follow through if it breaks and holds key resistance.