We can see the Tether pair for Ren Protocol (RENUSDT) starting to go bullish. Just today prices start going above EMA10 as the RSI comes out of oversold. With the entire cryptocurrency market going bullish, we can expect for REN to follow and also grow. The blue space is support. The yellow marked areas are the targets... Additional details on the chart. Namaste.
Ren is a utility token that aims to incentivize a global network of users to allow anyone to transfer both new and existing assets across different blockchains. For example, with Ren, users can lock bitcoins (or other assets) in a smart contract, and in return, receive the equivalent of ether on the Ethereum blockchain. From there, Bitcoin holders could use Ren to...
I'm still aboard the MF REN spaceship, patience is key. Reachable target. The question is not how but when it will happen.
$REN Testing the upper side of the descending channel. Might retest the median zone of the channel. The retest at $0.7 level was clean and with increasing volume. Currently, the volume is increasing as well.
REN Protocol. I hold this coin, it's fundamentally extremely good, I have no doubt this coin will do extremely well. Check out a very good recent piece on REN by 'Selcuk Aslantas' on Medium. To me, the chart looks good. A break out of the recent downtrend looks underway. Price has broken through the descending dashed line and is now approaching the 180EMA. If...
Looks like REN is ready to finish its correction of the impulse from 0.2 to 1.8. TP1 short-term, TP2 mid-term, TP3 long-term. Big player with huge potential. Yesterday partnered with DigiByte & 1INCH. Considering its nature, the project will continue to announce partnerships.
Hi everyone, As many other altcoins REN is going through a consolidation phase where higher lows are being made. REN found a strong support with the EMA50 (Daily timeframe) and is on his way further completing the ascending triangle formation. When a strong enough bounce from support area is realized a potential bullish break-out is feasible. As always, we want...
REN Cryptocurrency token is ready to breakout here it is breaking out on daily time frame volume on previous day also looks good ready to breakout Start making position here with stop below support zone. Long : 1.15 below Stop : 0.97 Target : 1.19, 1.28 , 1.97 , 1.58 , 1.75
REN has corrected almost 50%. This seems like an overcorrection and I believe we will see strong movements upward now to compensate. It's recently broke above a trend line and seems to be in the process of moving upward, If the move fails we could see drops down to a higher demand zone - as low as 60 cents. I have opened a trade on REN just as it broke out and...
REN here looks primed for a move upward especially if some volume comes in to add confluence -A running flat (3 3 5) has been formed here -The MA100 is well below the EMA30 which is temporarily acting as support creating more bullish confluence. -If the gold line keeps holds as support and the bull pennant (gray) breaks out the top diagonal we should see a move...
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
Hi everyone, It looks like REN is in a situation were it can take off. We just need to wait when the volume kicks in. Target points are marked on the chart: > TP1: 1,12$ > TP2: 1,33$ > TP3: 1,67$ (possible) After confirmation of a clear break-out, new ATH's will be made! Please like and leave a comment Happy trading. This is not financial advice Previous...