This coin did show before a breakdown trend and depending on some order transactions but with market orders, it did 15% into an uptrend.
The big question is are this coin going to trend further to the critical $0,10 or it's going to break down? Depending on the data it seems this coin has the right volume, it's only the question of which side this volume will be used as market trades playing also an important trend.
There is no a confirmation for downtrend and before also not, there were only high signals that this coin was able to breakdown, but how the market seems now it can still move to $0,10
it will stay an interesting coin depending on the volume out of it will break out further or return to the price action.
It's important to follow the last trends of markets as markets change with time. This is not trading advice, this is only a view of how the market can play coming times.
# the volume of this coin is for the most part a market order volume ( directly entering), which means a trend volume. the reason for this is unexpected, with the time frame we could see if this volume can get confirmed to real breakout.
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Ren is still in uptrend processing.
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Depending on the low time frame Ren has at this moment one of the powerful volume trends.
If Ren is able to hold this volume, this coin can enter $0,10 coming time.
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At this moment most of the coins seems stable, as BTC is also for days stable. REN showing another trend, and that makes us expect depending on this data that it's able to break out to $0,10- $0.13 coming time.
Time will show if this coin will hold the volume and get into a new breakout.
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REN still processing the uptrend, and with the high chance to breakout $0,10 - $0,13