### Renzo (REZ) Coin Overview
Renzo (REZ) is currently trading at around $0.167, with a high of $0.1854 and a low of $0.1403 in the last 24 hours. The coin has been quite volatile, hitting an all-time high of $0.2638 in late April 2024 and a recent low of $0.0998 in mid-May 2024.
Market sentiment for Renzo remains cautiously optimistic. Technical analysis suggests a potential breakout from a bullish pennant pattern, which could lead to a significant price increase if confirmed.
For the long term, analysts predict substantial growth for Renzo. By 2035, REZ could average around $4.15, with possible peaks up to $10.52. This positive outlook is supported by the coin’s integration into the EigenLayer ecosystem, enhancing its role in securing actively validated services with higher yields than traditional ETH staking.
In summary, while Renzo faces short-term volatility, its long-term prospects look promising, provided continued development and adoption within its target ecosystems.
