#RENDER Technical Analysis in a Daily TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
RENDER is facing resistance at the 50 EMA, and to continue its rebound, it must break above this level.
The price is gaining strong momentum, and as long as RENDER maintains the support trendline, we can expect the rally to continue.
If a rejection occurs, the lower support could present a good entry range for RENDER.
Key levels:
- Primary Resistance: $5.427.
- Initial Target: $8.02
- Primary Support: $4.09.
- Lower Support/Good Entry: $3.38.
DYOR, NFA.
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Render
BEST Altcoins You can BUY NOWMany altcoins are close to bottoming, if not bottomed already. Here are some of my top buys right now in preparation for the next impulse wave UP:
1) POPCAT COINEX:POPCATUSDT
Popcat is looking bullish with higher lows, holding the diagonal trendline well. I'd look at dollar-cost-averaging with two orders, one on the trendline as well incase the price doesn't drop as low.
2) SUI BYBIT:SUIUSDT
Looking good after a strong V-shaped recover and making higher lows, which is a bullish sign. I'd say first major resistance is 90c - if we can close candles ABOVE and towards 96c, I'd say more increase is very likely.
Just keep an eye on BTC. Wouldn't want to see a fake-out above 90c just to get another drop. So a conservative approach is closes above 96c zone.
3) LINK BINANCE:LINKUSDT
Chainlink is an old-timer, and a safe bet for the next bullish impulse wave.
4) RUNE BINANCE:RUNEUSDT
Another top-pick for 2024. I' be happy to buy anywhere between these two zones:
5) RNDR BINANCE:RENDERUSDT
I'd like to hope we'll see a lower entry on Render, but if the price keeps closing above the upper white trendline it's unlikely we'll drop to the lower buy zones
6) DOGE BINANCE:DOGEUSDT
An altcoin compilation wouldn't be an alt compilation without Doge! Happy to buy between these two zones:
7) FTM BINANCE:FTMUSDT
My ideal buy zone would be the middle area, I doubt we'll see the lower zones soon
8) NEAR BINANCE:NEARUSDT
I'd be happy to buy anywhere between these two zones:
There are MANY more, but for the sake of time and space... let's get started with these!
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$RENDER Accumulation ZoneCRYPTOCAP:RENDER pulled up 90% increase from the lows, and it's being rejected again from dema200
RENDER is sought to be the leading AI/DePIN (Decentralized physical infrastructure networks) project riding the Nvidia hype.
However, Nvidia slumped after earnings beat.
Support level I'm looking now is around $4.20 to $4, lose this level then will definitely set for lower floor $2.60 to $1.30 where I would be looking to accumulate.
RENDERUSDT A Bullish Breakout or a Trap? Watch close this!RENDERUSDT – A Bullish Breakout or a Trap?
Yello, Paradisers! Are you ready for the next potential move in #RENDERUSDT? Let’s get into the details.
💎#RENDER has broken out of a descending channel, which is typically a bullish sign. The current price is likely to test the support zone between $5.65 - $5.336 before continuing its upward movement. If this support holds, we could see the price push towards the next resistance area. However, for RENDER to continue its ascent, it must break through this resistance zone to reach our target at the strong resistance level.
💎On the flip side, if RENDER fails to rebound from the $5.336 support and breaks below it, there's a high probability that the price could drop to the $4.37 demand zone. This area is crucial, as it has previously served as a strong base where many buyers have stepped in.
💎The bullish scenario would be invalidated if RENDER's daily candle closes below the $4.37 demand level. This area marks the previous low, and breaking below it could lead to a new lower low, signaling a deeper correction ahead.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
Is #RENDER still in a downtrend?#Render 1D chart;
Continues the downtrend that started in March with lower highs
It was last downtrending at $6.3 (CHoCH)
A close above the $7.2 level is required before we can talk about a rebound
Otherwise, the levels where it can go by making lower highs;
First OB support at $3.7
If it loses here, the IMB level will be $2.8.
Of course, although its first priority in every upward move is to overcome the previous low peak, it should not be forgotten that the downward trend line (red line) will also act as resistance.
RNDR: Render BEST BUY ZonesRENDER is one of my top altcoin pics for 2024.🏆
It increased a generous 305% since the beginning of the year, and a new bullish cycle is likely next s soon as we hit the ideal re-accumulation zones where whales prefer to buy back.
A -77% retracement hit the next major demand zone, where I expect to see a decent bounce. Between this zone and the lower zone , I'd be looking to re-accumulate for a loner term hold position:
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BINANCE:RENDERUSDT
RENDR: $2.10 | for 2022 +800% Payback Project is cool
Packaging reminds me of Nvidia and ATi Radeon back in Half Life era 1999
Concept idea is siilaer to OMG in 2015
claiming for metaverse category
clever and sould be a good deal to get volume at sub 1.0
What is next for RENDER?Hello everyone,
Here are my targets for CRYPTOCAP:RNDR during the bull market, as shown on the chart:
I'm setting the ATH (All-Time High) of this coin at $47 this season. However, as I've mentioned before, you cannot predict what will happen in a bull market. So, I always have a plan B with a more ambitious target of $320.
Although supports and resistances are demonstrated on the chart.
I say this because some altcoins will experience significant price surges during the bull market, far exceeding others.
Especially lately, CRYPTOCAP:RNDR has migrated to the CRYPTOCAP:SOL blockchain. Therefore, if SOL experiences a significant surge, all Solana-related altcoins could see substantial upside movement.
Feel free to ask any questions you may have.
Have a nice day!
Note: Charts and ideas will be updated as necessary.
What is next for RENDER?Hello everyone,
Here are my targets for RENDER during the bull market, as shown on the chart:
I'm setting the ATH (All-Time High) of this coin at $47 this season. However, as I've mentioned before, you cannot predict what will happen in a bull market. So, I always have a plan B with a more ambitious target of $320.
Although supports and resistances are demonstrated on the chart.
NOTE: RENDER was previously known as RNDR, it`s now migrating on Binance and will be re-listed at 26th of July
I say this because some altcoins will experience significant price surges during the bull market, far exceeding others.
Especially lately, RENDER has migrated to the SOL blockchain. Therefore, if SOL experiences a significant surge, all Solana-related altcoins could see substantial upside movement.
Feel free to ask any questions you may have.
Have a nice day!
Note: Charts and ideas will be updated as necessary.
Is RNDR Good Case For Hold?!As we see It could clearly sweep the last major low which is noticeable on daily timeframe.
Based on my strategy and the market situation, RNDR has taken all the licence!
Entry on 6.28 to 6.17 / short-term and mid-term targets are mentioned on the chart above.
Breaking Alert: Is RNDRUSDT About to Skyrocket or Plunge?Yello Paradisers! Is #RNDRUSDT on the verge of a major breakout or a sharp decline? Let's dive in to find out why this could be a game-changer for your trading strategy.
💎#Render is currently compressed between the falling wedge's trend lines. We are expecting a bullish breakout soon due to increasing volume and improving macro market sentiment.
💎If #RNDR is rejected by the upper trend line of the falling wedge, we might see a retest of the bullish order block (OB) at $5.81. This area has provided strong support for RNDR multiple times, as it is packed with liquidity.
💎Should CRYPTOCAP:RNDR fail to rebound from $5.81, the next level to watch is the lower support at $5.42. The probability of a rebound from this level is significantly higher.
💎If #RNDR continues to fall, the bears will take control, potentially leading to a bearish continuation.
Stay focused, patient, and disciplined, Paradisers. Trade smart and avoid the herd mentality.
MyCryptoParadise
iFeel the success🌴
RNDR: Key Buy-Back Zones to WATCHRender has completed its bullish cycle and is now moving steeply into bearish phase. Now this does not mean I am not enthusiastic about RNDR - In fact, it was on my list of top AI coins to watch for 2024:
I also called for higher prices early on. And now, it's time for a pullback.
This is NOT a bad thing - it gives you a chance to buy back in at lower prices, in anticipation for the next rally! I've market two zones for each timeframe that I will be watching as potential zones for spot buys.
Don't miss yesterday's analysis on ETH:
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BINANCE:RNDRUSDT
Render Crypto: A Bullish Breakout May Be in the CardsBINANCE:RNDRUSDT has exhibited mixed movements recently. Observing the exponential moving averages (EMAs), it can be noted that the 9 EMA and the 20 EMA have been closely aligned, indicating a short-term consolidation phase.
The Moving Average Convergence Divergence (MACD) indicator reflects a subtle bearish trend. The MACD line is below the signal line, with histogram values suggesting a weakening bearish momentum. This could imply a potential for sideways movement or a slight downtrend if the bearish momentum gains strength. Relative Strength Index (RSI) values, hovering around the mid-40s, indicate a neutral stance, neither overbought nor oversold.
Given the current technical setup, key resistance levels are identified at $6.649, $6.751, and $6.99. If the Render crypto price breaks above these levels with strong volume, it could signal the start of a bullish trend. Conversely, support levels are noted at $6.244 and $5.853. A breach below these support levels could indicate further downside potential, with the pair potentially targeting lower support zones.
For traders looking to enter long positions, an ideal entry point would be above the $6.649 resistance level, with a close monitoring of the MACD for signs of bullish crossover and RSI moving above 50. An exit strategy for long trades could be set near the $6.751 resistance level, or higher if the bullish momentum sustains.
For those considering short positions, entering below the $6.244 support level might be prudent, especially if the MACD continues to reflect a bearish trend and RSI remains below 50. Setting an exit point around the $5.853 support level would be advisable, keeping an eye on potential reversal signs.
In conclusion, the RNDR is currently in a consolidation phase with a slight bearish bias. Traders should watch for breakouts from key levels to determine the next significant movement. The interplay of the EMAs, MACD, and RSI will be crucial in identifying potential trade setups.
Render Analysis: Going hard without limits!Render is one of the strongest projects that has recently performed very well. I expect the price to bounce at the support level of $5.50 to aim for higher targets at $32, $57, and $123
RNDR Update in Daily Timeframe#RNDRUSDT Update:
Timeframe: Daily.
RNDR is holding strong support at $6.8, and it is likely possible to see a bounce back soon. We can expect a 35% to 45% rally on RNDR, only if it holds the price above the local support level.
Crucial areas to look at:
~ Bounce back from the $6.8 support level.
~ Bounce back target between 35% to 45%.
~ Invalidation point: A close below the $6.8 support.
DYOR, NFA.
#RNDRUSDT #crypto
Render — Bollinger Bands Indicate ReversalRender Token has flashed a bullish Bollinger Bands signal on the 4H chart.
The signal is triggered when the price touches (or falls below) the lower Bollinger Band. Very often, this indicates a price reversal.
Based on the backtest, the signal has a success rate of 94% to achieve 2% gains and 67% to achieve 5% gains.
Therefore, since the signal is calculated at a profit potential of 8%, it might be wise to choose a lower target.
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!
RNDR HTFCRYPTOCAP:RNDR
That's clearly the first lower high on the macro chart, indicating a high time frame correction. I'm eyeing a range of $4.5-5, not $3.
RENDER Targets $8.10When you take a look at the chart, you can see that render has lost some buyers and has now flipped an important support into resistance.
The area with the most volume, is the May POC. if we can bounce from that level, a 15% increase to the previous resistance can happen.
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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.
RNDR next leg up soon !RNDR / USDT
One of top favorite coins in this cycle
The chart says it all :
– Positive retest of 2nd weekly S/R
– potential breakout of current accumulation range
If no more BTC drama Next leg up should be very soon