#RNDR/USDT breaks the Diagonal Trendline in Daily TF!#RNDR/USDT breaks the Diagonal Trendline in Daily TF! CRYPTOCAP:RNDR needs to hold PML $6.87 as support to turn bullish. The local resistance level is PWH $10.95. Longby TraderAAG0
Render Token / RNDRThe price of RNDR is $1.83 today with a 24hour trading volume of 180 million dollars. This represents a 4% price increase in the last 24 hours and a 333% price increase in the past 30 days! Render token is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. Backed by parent company OTOY, the RNDR team is based out of Los Angeles, with team members throughout the world. The RNDR advisory board boasts industry leaders such as Ari Emanuel (Co-Founder and Co-CEO, WME), JJ Abrams (Chairman and CEO, Bad Robot Productions) and Brendan Eich (Founder and CEO, Brave Software and BAT) bulls broke 0.8, 1.2 and 1.6 resistance and ready to claim 2$. I got into rndr wen it has 220 million market-cap and here we are at half a billion dollar mc. as you see market is in correction phase which is normal and healthy so don't panic if you see couple of red candles after 300% pump Longby moonyptoUpdated 333363
RNDRUSDT ready to follow Bitcoin higherEnF Breakout Strategy signaled a BUY on RNDRUSDT See idea for breakout entry, targets and stoploss Only enter the trade when the price breaks above entry Check out more on the script: To get access to this script, DM meLongby EbbNFlo0
RNDRUSDTHello friends, today you can review the technical analysis idea on a 1D linear scale chart for RNDRUSDT TARGET 2.90 STOPLOSS 2 by berodentist87Updated 3
"RNDR Coin Analysis: Navigating the Last Support Stronghold"💹 Let's dive in and analyze the RNDR crypto coin, update our previous analysis, and check new triggers together. 🛡️ Weekly Time Frame Analysis: In the weekly time frame, RDNT is one of those coins that moved alongside Bitcoin, similar to Solana and INJ. We are currently in a bullish trend and have surpassed the all-time high (ATH). ⏳ After reaching the resistance at 13.352 and correcting down to 7.026, RDNT moved back up. The volume decreased during the correction, and as we moved upward again, the volume remained low. The previous weekly candle closed with significant seller pressure and appropriate volume. 📅 Daily Time Frame Insights: In the daily time frame, given our higher time frame analysis indicating a lower high, we expected a possible drop. RDNT has been ranging for several days and is fluctuating around the support level of 9.928. ⏰ Four-Hour Time Frame Details: In the four-hour time frame, we have made numerous contacts with the support level at 9.928. Each contact could weaken this support, potentially leading to its loss. However, if this trend continues and sellers fail to break this support, buyers might step in and push the price away from this level. 🔄 Previous Analysis Recap: Before discussing the triggers, let's review our previous analysis. We noted that losing the significant daily support at 10.224 could result in a sharp decline, offering a short position opportunity down to the lower support levels of 8.081 and 6.99. 📊 Trigger Points for Trading: 📉 Short Position Trigger: Our short position trigger is clear. After breaking the 9.928 support line, we can open our short position. Given the frequent contacts at this support, we can set our stop-sell orders now, anticipating a sharp move. 📈 Long Position Trigger: For a long position, it's better to be patient until we reach the box ceiling at 11.603. However, if you want to accompany this coin more riskily, you can take a long position up to 11.603 after an increase in bullish candle volume and breaking the trigger line at 10.324. 🔍 Fixed Range Volume Profile: Regarding the Fixed Range Volume Profile indicator, my usage involves not opening positions when there's high volume or entering a space with significant volume. However, I ensure to act on volume breakouts, like at 9.928, where volume significantly decreases after this level. 💡 Conclusion and Recommendations: Currently, it's advisable to be patient before buying this coin. If a new entry point emerges, I will update the analysis. Meanwhile, review the project's fundamentals as it has created an exciting environment, which is one of the reasons for its sharp price growth. 🔻 Key Support Levels: 8.724 , 7.672 , 7.026 🔺 Key Resistance Levels: 11.603 , 13.352 😊 If you'd like me to analyze a specific coin or currency pair, be sure to comment so that I can allocate the next analysis for you! ⚠️ Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.Shortby RealMRA5586
📈Sunday Market Insights: Navigating the RNDR Coin Waves🌊🔍Let's dive into today's analysis. It's Sunday, and since it's a holiday, the market volume is lower than usual, making market movements less reliable. 📆Coin of the Day: Render Token (RNDR) Today, we're analyzing Render Token (RNDR). I've previously analyzed this coin on the daily timeframe, and I hope you took advantage of the entry points I provided. The project's idea is to provide rendering services for applications that require high GPU power, catering to those who lack the necessary hardware by charging a fee. 🪄Monetizing the Project An attractive aspect of this project is that you can earn by renting out your GPU. However, be cautious not to use your primary GPU for this purpose as it can damage your system. If you're interested in participating, I recommend buying a separate GPU dedicated to this task and assembling it on another system. 🔄Market Condition Analysis Now, let's examine the 4-hour chart. RNDR has created an ascending box and corrected to the 0.382 Fibonacci retracement level. The range of this box is from 11.603 to 9.947. A breakout above this box could signal a continuation of the upward trend, while a breakdown below could push the price down to the 0.5 Fibonacci level, which overlaps with the 9.383 area. 📊Volume Analysis The market volume is gradually decreasing, indicating that traders and whales are hesitant to trade under the current market conditions. As the volume decreases, we get closer to the next market wave. On average, the selling volume is higher than the buying volume, showing a volume divergence. Although the main market trend is bullish, the higher selling volume suggests caution. 📈Long Position Strategy For a long position, the primary trigger is 11.603. After breaking this level, the price could target 13.32. Additionally, the 10.315 level could serve as a secondary trigger for a long position, with an optimistic target of 11.603. I recommend taking profits at a risk-reward ratio of 2 or 3, as the market lacks momentum while it remains between 11.603 and 9.947, which doesn't support higher risk-reward ratios. 📉Short Position Strategy For a short position, the only viable trigger based on my strategy is 9.947. Breaking this level could lead to a new phase of correction. 🚨Important Note This analysis is intended for futures trading. If you've made a spot purchase based on my previous analysis, stick to your stop-loss and don't sell based on the short triggers provided here. These entry points are for the futures market and short-term trades. 📝In summary, while RNDR presents potential opportunities, it's essential to remain cautious and adapt your strategies based on the market conditions and volume trends. If you enjoyed this analysis and want to support me, please boost this post. Feel free to leave a comment or suggest a specific coin for future analysis. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2. 🫶If you enjoyed this analysis and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.by itsparham966
RNDR setting up for 4 h Adam and Eve pattern. RNDR setting up for 4 h Adam and Eve pattern. technically W consolidation underway. Easy to buy for a W bullfagg with a stop under the H rounding bottom low. Rounding formations are great setups for low risk entries, you know quickly if you are wrong. and if not you get risk free soon.. by ChartmanChris4
RNDR ZONE FOR LONG A couple of weeks ago we were looking at the bottom of the rendering for a potential investment. Now he sees a long zone that should hold. We see that the 50DMA is also coming together with a strong support zone. It is important to make a good risk reward, as in this case. We are talking about futures trading, which in this case is potential. I can also profit up to 22 dollars if 16 dollars allows it. Next week, important news for NVIDIA, which could further push AI coin, which is also RENDER Feel free to write coins you'd like to see more of and if I see potential I'll postLongby BurtisaUpdated 3
RNDRUSDTfor another my opinion rndr.. this current rndr create base rally base and this is chance for rndr last accumulation before next month.. i think good opurtunity.. NFA..Longby thesensai3
RNDR: Pullback in UptrendTrade setup : Price is in an Uptrend. It broke out of a Channel Down pattern and reached $12.00 for +50% gain. Now we look for an entry in Uptrend. Pullback to $10 support could be a swing trade entry with +20% upside potential to $12.00 again. Stop Loss (SL) level at $9.20. Pattern : Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3. Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Strong Up. Momentum is Bearish (MACD Line crossed below MACD Signal Line). Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $10.00, then $8.00. Nearest Resistance Zone is $12.00, then $13.80.Longby altFINS119
RNDR: break pattern📊Analysis by AhmadArz: 🔍Entry: 9.780 🛑Stop Loss: 9.200 🎯Take Profit: 10.270 - 10.787 - 11.304 - 11.811 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!Longby ahmadarzUpdated 2214
RNDRUSDTi'm bullish for rndr. NVDIA bullish strong forescast. reflecting AI momentum. AI sector will be bullish. WWCD Apple 10 june.. RNDR will be sky rocket..Longby thesensai4
Bottom should be inmy two previous posts were also about RNDR. In here we caught the move up from 9,5$ to 11$, and after that the pullback to the 50ma. I placed my new orders from 10,5 to 10,3$, almost all got hit. I think that the bottom is likely in, NVDA showed strong results so this dump is only created to make you scared and f*** up your longs. Well, are you scared? Good, i just bought your coins ;) The parabolic run to $25 will resume from here imo, stops still right below the 0,5 ($9,5) where I initially bought my RNDR back. I'll update the idea from here! NFA ofcLongby MrOxodon1
0,5 is keyWe're entering wave 5 for RNDR, bullish consolidation above the previous range like we saw numerous times before during this run. Big accounts calling for lower, this could be if bitcoin is gonna make a lower low. I assume the bottom is actually in and like to think the same for RNDR. Up from here, I've put some stops just below the 0,5 in case we retrace deeper (scenario B) Either way 35$ per RNDR is inevitable imo. Longby MrOxodonUpdated 15
#RNDR Up 15% what's next?#RNDR: Played out perfectly! Up 15% from the average entry. Target 1: ✅ Approaching the second and third targets. Hope you didn’t miss this one! Like & RT for more! Do hit the like button if you want me to post more of these setups! Thank you #PEACEby Cryptorphic12
NVIDIA Earnings May 21 - Will Crypto AI RNDR Heat Up?Back in Feb 22, 2024 NVIDIA AI chipmaker reported Q4 2023 earnings per share of $5.16 with a posted revenue of $22.1 billion higher than expected. Biggest crypto AI narratives RNDR rose upto 20%. . Now the biggest question is: "Will RNDR token will lead the crypto market as NVIDIA is going to report earnings of Q1, 2024?" YES , there is HIGH probability of greater reporting earnings by NVIDIA for Q1, 2024. The fact that Taiwan Semiconductor (TSMC) AI chipmaker Q1 earnings came in higher ($7.3 billion) suggests Nvidia’s could reveal the same. Trade Setups with TP, SL and Entry is shown in the chart. Good Luck!!!Longby halian2k2
RNDR TARGET PRICE ( ROUNDING BOTTOM PATTERN)I am Hodling RNDR which is NVDA of cryptocurrency for me. Until the target price, I am not selling a penny because we are at the beggining of altcoin bull run. There is this rounding bottom pattern already retested that shows we are now in the way of going to the target price for RNDR.Longby joeyyy345
RNDR consolidationRNDR in a consolidation at a considered a lower high below quarterly open. With previous week's low (PWL) capping the downside, a dip into it and recovery and I could enter longs. Using also previous Monday's range as the support, if it flips, I could short there targeting $7.00 with stops above Quarterly open deviationby abd-aziz0
#RNDR Scalp Trade Setups!CRYPTOCAP:RNDR AnalysisRisk/Reward: Looking promising. The breakout has occurred, and we're currently seeing a retest. TBH, everything looks good for altcoins unless BTC makes an unexpected move at the Monday open. Keep an eye on it. I've entered the trade, taking the risk. Accumulation Zone: $9.88 to $10.40 Targets: $10.87, $11.45, $12.22 Stop Loss: $9.75 dyor, nfa #RNDR Please hit the like button if you like it and share your views in the comments section. #PEACELongby Cryptorphic2216
RNDRUSDT UPDATE#RNDRUSDT (Update) Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze RNDRUSDT today. Running in 20%+ profit ✅ Expecting more in coming days🚀📈Longby ELENA_CRYPTO_SIGNALS0
Long-Term Accumulation Opportunity in RNDRUSDTI would like to share a long-term accumulation strategy for RNDRUSDT that I've been eyeing. Chart Patterns and Indicators: Descending Channel: The price is currently moving within a descending channel, indicating potential breakout opportunities. Harmonic Pattern (XABCD): The pattern suggests potential reversal points at identified accumulation zones. Volume Analysis: Increased volume at support levels indicates strong buying interest and validation of accumulation zones. Current market sentiment shows a mix of consolidation and potential bullish reversal, supported by the harmonic pattern and volume spikes at lower levels. This long-term accumulation strategy for RNDRUSDT focuses on systematically entering positions at identified support levels and distributing at key resistance points. This methodical approach aims to capitalize on both the technical patterns and market sentiment, ensuring a balanced risk-reward ratio. Additional Details about Render Token (RNDR): Market Cap: Approximately $3.92 billion Fundamentals: Render Token is a decentralized GPU rendering network that connects artists and studios needing GPU compute power with mining partners willing to rent their GPU capabilities. Potential: High demand for GPU rendering in the fields of VR, AR, and complex 3D modeling. Text Help by GPT :P, trust me he is way better at words!Longby shyamnairUpdated 224
RNDR TokenThe Render token (RNDR) signifies bullish sentiment and is replicating bull accumulation this week. Longby TheCoinRepublic2