REN here looks primed for a move upward especially if some volume comes in to add confluence
-A running flat (3 3 5) has been formed here -The MA100 is well below the EMA30 which is temporarily acting as support creating more bullish confluence. -If the gold line keeps holds as support and the bull pennant (gray) breaks out the top diagonal we should see a move toward $1.50 at least
Ren Protocol provides interoperability between different blockchain platforms. REN is fundamentally sound and is Decentralized Finance (DeFi) so will be getting a lot of attention this coming year and long term will likely be a good investment as well as being a solid short term swing.