The price chart for Render shows a sustained upward trajectory, with the asset increasing in value by 200% over the past three months. RNDR's performance has been partly influenced by its correlation with Bitcoin, contributing to a 131% rise since October 16. As of now, RNDR is fluctuating between a support level of $3.5 and a resistance zone ranging from $3.86...
RNDR is setting up multi time frame squeezes and getting ready for an explosive move. I'm accumulating during any pull backs to $2.90 to 3.20 level. This is a weekly chart so it will take a few months to play out. My first target is $5.74 and my second take profit target is $13. This is not a financial advice. I'm just sharing what I'm doing.
Here is my RenderNetwork TA for you dearCrypto Nation😎🤘 RNDR got rejected at the POC + FIB 78.6% bullish scenario🐂 💠break this resistance zone 💠chase last ATH 💠reach TP at FIB 127.2% at $16 🟰that market cap would be 0.83% of current Bitcoin market cap bearish scenario🐻 💠deep correction to the final Bull Support Box 💠getting dark if we lose that...
On week chart $4 is the strong resistance zone for this bullish If RNDR can break and close above $4, the next target around ATH $8 Otherwise, RNDR will accumulating in range $2-3 a while before massive move will happen Time will tell
Trade setup : Trends have reversed to Uptrend after price broke back above $1.70 key level and above 200-day moving average. After pausing briefly, it broke above $2.50 resistance to signal continuation of Uptrend with upside potential to $3.30 near-term and possibly even $4.00 resistance thereafter. Trend : Uptrend across all time horizons (Short- Medium- and...
On day chart Render Token hit Supply Zone that is also the 2.0 Fibo Channel in my last idea. First sign, RNDR failed at 2.6 and can pull back to Support around 2 this zone is good to join You can trade on lower TF Wait for next move
A daily close above 2.75 and RNDR looking hot hot. Could this be the start of a mega break out, that you could hold for the whole bull run - I think so. Either way, here's a set up for a potential 30% trade. Zoom in on daily timeframe or just remove the noice and look have beautiful this chart is on weekly timeframe. RNRD is risky - but it could be huge next...
Hi dear friends, hope you are well and welcome to the new trade setup of Render Token (RNDR) with Bitcoin pair. Previously we caught almost 13% pump of RNDR as below: Now on 2-hr time frame, SANTOS is completing the final leg of a bullish AB=CD move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify...
Daily Chart Render Token is in Ascending Multi Channel by #FiboChannel Now, it's trading around $1.88x and it's not below resistance $1.9 and nearly the higher trend line of channel If BINANCE:RNDRUSDT fail, it can create Double Top which Reversal Pattern then come back to support $1.65 that's good zones to buy in my opinion Just wait for next move
Trade setup : Trends have reversed to Uptrend. Price bounced up off of support at $1.30 and broke back above $1.70 resistance and above 200-day MA (~$1.78) to signal resumption of Uptrend. However, price is now very overbought (RSI > 80!) just as it approaches $2.50 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking. Trend :...
Render Token has been steadily rising since the August 28th contact on the HL trendline but more importantly the 1W MA50, which held for the second time since the week of March 6th 2023. The 1W technical outlook is neutral (RSI = 53.781, MACD = 0.060, ADX = 33.069) meaning that there is significant upside potential. The Bullish Cross that is about to be formed on...
Render (RNDR) has set a higher low. If RNDR reclaims 1.66, (0.5 FIB-level), I think it goes for higher highs on weekly time frame (85% gains) If you have conviction on RNDR this could also be a good DCA spot. RNDR moves fast, so this long time move can play out faster than you think!
Chart 4H TF Render Token BINANCE:RNDRUSDT has been recovering to resistance at 1.55 and rejected this level. Now, it's trading at 1.465 I expect price will test resistance one more time before turn back to main trend Wait for next move
Entry .90c-1.00 Clear cup and handle pattern. Repeat of cup from .93c gives a completion target of around 8.00
Render Token (RNDRUSD) is on the 3rd straight green 1D candle, having the best bullish sequence since June 21. The pattern remains a 3-month Channel Down but for the first time this is being executed from oversold 1D RSI levels as well as almost testing the 1W MA50 (red trend-line) for the first time since January 23. The formation of a 1D Death Cross though,...
With the price reaching the floor of the ascending channel, it seems that we have reached a suitable price range for buying. Considering the loss limit, the short-term goals included in the analysis will be achievable. DYOR
Daily Chart BINANCE:RNDRUSDT has broken down the support and now it's retesting to drop again. Render Token has the support at lower line of ascending channel. So wait for rejecting and short
Trade setup : Bearish breakout from Descending Triangle pattern, below $1.70 Triangle support level, which confirms downtrend with downside risk to $1.00. Pattern : Price was trading in a Descending Triangle pattern. Typically, a breakout will typically occur in the direction of the existing trend. Most traders will take a position once the price action breaks...