#RNDRUSDT Monthly Chart Projection
The RNDRUSDT pair is currently in a consolidation phase, with the price trading around $2.20 USDT.
According to the MACD indicator, which shows a bearish crossover signal, there is potential for the pair to continue its downward trend in the short term.
The RSI indicator is currently neutral, suggesting that the pair is not overbought or oversold at the moment.
The 20-day and 50-day EMAs are currently below the current price, indicating a short-term bearish trend. However, the 200-day EMA is above the current price, indicating a long-term bullish trend.
If the RNDRUSDT pair breaks and stays below the support level around $1.40 USDT, it could potentially enter into a stronger bearish trend. In this scenario, the pair could reach the next support level around $1.00 USDT.
Alternatively, if the RNDRUSDT pair breaks and stays above the resistance level around $3.00 USDT, it could potentially enter into a bullish trend again. In this scenario, the pair could reach the next resistance level around $4.00 USDT.
It's important to consider other market factors, such as economic news and ongoing global events, to assess potential price movements for the RNDRUSDT pair on a monthly chart.
According to the MACD indicator, which shows a bearish crossover signal, there is potential for the pair to continue its downward trend in the short term.
The RSI indicator is currently neutral, suggesting that the pair is not overbought or oversold at the moment.
The 20-day and 50-day EMAs are currently below the current price, indicating a short-term bearish trend. However, the 200-day EMA is above the current price, indicating a long-term bullish trend.
If the RNDRUSDT pair breaks and stays below the support level around $1.40 USDT, it could potentially enter into a stronger bearish trend. In this scenario, the pair could reach the next support level around $1.00 USDT.
Alternatively, if the RNDRUSDT pair breaks and stays above the resistance level around $3.00 USDT, it could potentially enter into a bullish trend again. In this scenario, the pair could reach the next resistance level around $4.00 USDT.
It's important to consider other market factors, such as economic news and ongoing global events, to assess potential price movements for the RNDRUSDT pair on a monthly chart.
Trade active:
TP2 Done 4$
Trade active:
TP3 Done 12$
Comment:
Next TP 23$