BINANCE: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...
Market Context: RNDR is trading at a support level, providing an opportunity to enter into a long spot position. Trade Setup: Entry: Ladder into a long spot trade in the $6.50 - $6.70 area of support. Take Profit: First target: $7.80 - $8.50 Second target: $9.35 - $9.90 Stop Loss: Place the stop loss just below $6.00. 📊 Monitor the market closely and adjust your...
CRYPTOCAP:RNDR is a classic tale of the harder they come, the harder they fall. Perfect entry to SHORT being rejected on its lower trendline. Critical support about to be tested at the .236 fib my guess is that doesnt hold and dumps ~40% since it cant even break an EMA I'll LONG at $3.5
Render is showing us a nice entry with a good bullish setup. We can clearly see a clean break above the main bearish trendline and price is retesting it. I expect a bit of range more to accumulate longs, and the price could start to climb next week, targeting $10.00. Invalidation below $6.5
Render (RNDR) is currently holding support at the 100EMA ($6.77), and a rebound from the current position will likely push the price back to the primary resistance at $9.219. RNDR has yet to hit the long-term supporting trendline, and once it does, a strong rebound can be expected. Important Points: - Current Support: $6.77 - Lower Support: $5.2 - Resistance:...
According to the previously presented analysis, which was a trading range between the two supply and demand ranges, after another attempt and support in the neck line range, it has succeeded in breaking the supply range. 💎 Currently, due to the exit from the ascending channel and the support in the green box range, it has now re-entered the ascending channel. ...
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
📊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!
As simply shown, RNDR targeting 50% within a few days as the coin has formed very strong signals to turn on the rocket to the sky!
This analysis focuses on the daily chart for Render Token (RNDR) highlighting key support and resistance levels. Key Points: Support and Resistance Levels: Support: $6.78 - This level has shown strong buying interest in the past. Resistance: $8.50 - A crucial level for a potential bullish breakout. Trendline and Entry Point: A downward trendline is acting as...
🔍 let's delve into the RNDR project. RNDR, short for Render Token, is a project aimed at decentralizing GPU-based rendering solutions. It leverages the power of blockchain technology to connect users who need rendering work done with GPU owners who have spare processing power. This innovative approach aims to create a more efficient and scalable rendering...
CRYPTOCAP: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.
RNDR appears to be inside a large diametric. We now seem to be in the middle of the F wave. We have a good support area to complete the F wave. If the price reaches the green range, we will look for buy/long positions. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital...
BINANCE:RNDRUSDT (1D CHART) Technical Analysis Update RNDR is currently trading at $9.39 and showing overall bullish sentiment. Price has broken out from resistance multiple times and now it has hit the support again and bounced back from the support line. This is showing overall bullish momentum and we have a good long term trade opportunity here. Entry...
Current Situation: Price Level: RNDR has been trading in a tight range with low volatility, indicated by the narrow Bollinger Band width. Technical Support: The Simple Moving Average (SMA) is acting as support for the price. Bullish Bias: The price structure remains positive, suggesting potential for an upward move. Upcoming Event: Apple’s WWDC on June 10th could...
🔍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...
Trade 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...
#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 #PEACE