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Render (RNDR) Price Correlated to Bitcoin Surge 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 to $4.00. The most likely scenario is a continuation of this upward trend, potentially reaching a new yearly high. In the near term, Render could test and potentially surpass the $4.2 level, further validating the buying momentum. Should there be a short-term decrease, RNDR might approach the support area between $3.2 and $3.4 and test the $3 mark. A transition to a downtrend could be on the horizon if the RNDR price firmly settles below $2.2.
COINBASE:RNDRUSDLong
by DEXWireNews
1
🔥RNDR Is Repeating This Pattern: +230% Profit Soon❓Render price is flowing smoothly and updates the lows which forces the long traders to close their trades. We saw this pattern a few months ago before a pump: wedge breakout and dump of the price. The closest target is $2.91-3.3. BTW Me and Altcoin Gems members bought Render at $0.61 and sold 50% at $2-2.5. I think that this altcoin have enough potential to continue to grow to the new ATH and make x5-10 at the upcoming bull market. RNDR is one of the most promising AI altcoins. like❤️ and follow Check the links and get a gift from me👇
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by Alex_Dehtiarov
4
Rising from the bottom section above 2.566Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (RNDRUSDT chart) The key is whether it can receive support and rise in the 2.566-3.058 range. (1D chart) The key is whether it can rise above 2.987-3.415 based on the 2.773 point, or whether it can fall to the 2.209-2.566 range and receive support. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
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by readCrypto
Render (RNDR) ultra long, mega bullishA 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 year - non financial advice. A potential pull back can happen (after the explosion today), but I think the time for a good entry is start to running out. Play it with your risk tolerance.
RLong
by TaTaTaCrypto
$RNDR to $60Fundamentals: #RENDER has announced building on #SOLANA as breakpoint. On of the leading AI-projects that will impact Film and Animation industry. Expect to see projects on SOL pump as Firedancer validator moves through test net and comes online. Technical: From ATH to ATL, RNDR has formed a Wave 1 & 2 with 0.38 fib correction, now breaking through the 0.618 fib retrace and using it as support. Larger formation is the Wave 3 back to ATH, with speculated Wave 5 around $60. Confluence with both 1.618 levels for Fib extension and Fib projections. If you don't know the difference -- one is placing the target from the ATH and ATL, while the other is projecting the target from Wave 1 and Wave 2 with a three-point measure.
RLong
by BiggyBalls
5
Trade signal | Render Token (RNDR) setting up for upto 27% pumpHi 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 and strictly follow the stop loss, and don't get stuck with trade.
RLong
by moon333
RNDRUSD: Small but steady rise. Expect more aggression soon.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 the 1W MACD also reveals that this is only the start of a long term leg. We are aiming at the R2 level (TP = 4.25000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:RENDERUSDLong
by InvestingScope
RNDR/USDT Break the key level area, Bullish Momentum ??? Yello Paradisers, Potential Coin! 💎 RNDR has surpassed a crucial level area, solidifying the anticipation of bullish movement. Additionally, RNDR has broken out of a Major falling wedge pattern, enhancing the prospects of bullish momentum. 💎 Prior to breaking out of the falling wedge, RNDR faced challenges maintaining its stance in the Bullish OB Area. It’s observable that RNDR touched the Bullish OB area thrice and consistently rebounded, leading to the assumption that RNDR was still in the accumulation phase before finally breaking out of the major falling wedge area. 💎 Post breaching the key level area, RNDR faced rejection in the supply area and is likely to undergo a downward test in the strong demand area around $1.65, with the expectation of resuming upward movement subsequently. It is plausible that RNDR will experience significant movement towards testing a strong supply area. 💎 This scenario would be deemed invalid if RNDR breaks and closes below the Bullish OB area.
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by MyCryptoParadise
RNDRUSD Strong buy evidence but best wait for a break-out.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, makes our sentiment mixed and prefer to take a confirmed buy signal instead. That will be above Resistance 1 (1.7685) and obviously the top (Lower Highs trend-line) of the Channel Down. Upon that break-out (1D candle closing above) we will buy and target 2.1600 (0.618 Fibonacci). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:RENDERUSD
by TradingShot
3
#RNDR/USDT 1D (Bybit) Rising wedge breakdown and retestRender Token pulled back to 50MA resistance and could push a bit higher before resuming the retracement down to 200MA support. ⚡️⚡️ #RNDR/USDT ⚡️⚡️ Exchanges: ByBit USDT, Binance Futures Signal Type: Regular (Short) Leverage: Isolated (2.2X) Amount: 5.0% Current Price: 2.27450 Entry Zone: 2.29510 - 2.52750 Take-Profit Targets: 1) 1.89170 2) 1.50035 3) 1.10905 Stop Targets: 1) 2.84610 Published By: @Zblaba CRYPTOCAP:RNDR #RNDRUSDT #Render #AI #BigData #GPU #Web3 Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +47.4% | +83.1% | +118.8% Possible Loss= -39.7% Estimated Gaintime= 1-2 months rendertoken.com
RShort
by TradingOn
RNDR/USDT is Building Momentum for Next Rally 💎 On the 1D timeframe, RNDR is sketching an optimistic scenario, suggesting a potential bullish surge. 💎 The MACD is tilting towards a bullish divergence, signaling a possible upward shift following the consolidation breakout. 💎 A retrospective glance reveals the price took a downturn after establishing equal highs. Moreover, the shift from demand to supply further intensified the bearish pace. 💎 There's a clear untouched supply and bearish territory. It seems likely that RNDR will target this area for equilibrium in the near future. However, if the price slips past the support zone, brace for a potential drop. 💎 In the dynamic realm of crypto, staying informed is essential. Keep an eye out for further insights and relish your trading adventure.
RLong
by MyCryptoParadise_Nathan
5