Ren 2.0 will be the network that powers Ren ecosystem growth throughout this exciting new chapter we’re about to embark on. Its primary advancements will be decentralization and security, supporting generic application logic on top of Ren, an improved MPC algorithm that’s more scalable and able to support more signing schemes, and optimized tokenomics to further...
ren/eth after breakout a long- term trend line and touch 0.618 of downtrend fibo retracement has formed a bull flag amid a strong bullish and can touch 0.001 .
short term target 0.001
if REN price breaks above this current resistance, we could see it go parabolic... REN has pretty great tokenonomics with their RenVM that generates fees and adds value to a sector of the DeFi community...I will continue to monitor Ren Darknode daily/weekly/monthly fee growth as we watch the RENUSD price for a possible breakout
Introduction:
💬Ren (RENUSDT) is looking good overall with its current overall uptrend, now the question remains of if this can hold going forward or if this current market structure is producing a top formation?
Only Time will tell but we can surely plan accordingly for both the nest case situation of continuation and worst, being a rollover and breakdown of...
REN/BTC
-since the last Buy priority signal from Cross Ultimate indicator
-the price went up over 200% til now
-there are multiple entry points during its strong uptrend
-showed in the chart for good pullback entries or breakout entry
-REN also hits an ATH on exchange history
-I do not recommend to buy at current levels
-wait for a corrective pullback and...
As of May 27th, 2020, the Ren Team has successfully deployed the RenVM code to mainnet. This accomplishment is a massive leap forward for the DeFi space as we currently know it. Never before in the cryptocurrency ecosystem have we been able to utilize a custodian with such features as: trust-less, backed securely in value 1:1, linearly scale-able, decentralized –...
🟨 Ren's RenVM MainNet is almost here and the bulls are still charging ahead. The upcoming technology is impressive and so is this run.
Let's look at some levels to see the bull's path to glory and the bear's best chance of revenge.
Support:
The S1 S/R flip is the first point of support for the bulls. Finding support here preserves bullish momentum, which is...
