Possible support for RenderBeen charting this for a while and had this as a significant level and looking like a bounce on it, just my thoughts.
Key stats
Render Network RENDER Long: EWT Analysis & Cycle Peak Targets+ Possible overextended Wave 5 count now?
Trading within Wave (3) of Wave V impulse.
Any major peaks in RENDER have extended as high as the following fib extensions...
The target is the peaks of the parallel channel, confluence with the fib extensions targets:
- 1.414
- 1.618
Last Rally for Cycl
RNDR Chart AnalysisLets break it down:
Structure and Price Action:
**Rising Wedge Formation**:
The chart shows a **rising wedge**, which is typically a bearish reversal pattern. Price is currently trading near the lower boundary of the wedge, increasing the likelihood of a breakdown.
**Red Resistance Zone**:
RNDR | BULLISH ALTS | RNDR Incoming ATH Render has been one of my top alts since Jan 2024, and it hasn't disappointed, currently standing at 140% increase, and if you account for the ATH in March, 245%.
As Bitcoin trades range we're patiently waiting for Ethereum to make a new ATH. This will encourage the rest of alts to make a final pus
Buy RNDRRender is looking to bounce off the 0.618 level of its last push. It's a considerable conviction pick for me, and it is only a matter of time before it takes off.
Speculative inverse head & shoulders opportunity on renderRender just had a big spike and then corrected back down to the breakout target of the previous triangle pattern it broke up from (which I will link to below). In doing this, render has created the opportunity to form a right shoulder now to a potential inverse head and shoulders pattern, as long as
Symmetrical triangle/invh&S on render breaking abve toptrendlineNo guarantee that it confirmed the breakout on the first break above the pattern here, but the way the market has been moving lately thee is a high probability it will. *not financial advice*
#RNDR Adding to the position here on #RNDR, though looks risky still as we haven't broken out so will add full size once we break the resistance
RNDR.usd eyes on $7.46 to break with 6.55 Golden Genesis supportRNDR has made a nice strong leg up recently.
Broke and retested a Golden Genesis below.
Now breaking a minor but key fib just above.
Prices are from Coinbase, others will vary a bit.
RNDR looks good to about $10Seems to be breaking out, next major resist seems to be around $10, thats it, nothing else, its a chart breakout, alerting as it breaks. Orderbooks have been looking pretty good too. Channel breakouts usually perform well in short order. Looking at the 4 hour chart, it may not be ready to break yet
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Frequently Asked Questions
The current price of Render Token (RNDR) is 7.448 USD — it has fallen −3.73% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing RNDR price chart.
Render Token price has fallen by −11.97% over the last week, its month performance shows a −6.55% decrease, and as for the last year, Render Token has increased by 52.87%. See more dynamics on RNDR price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Render Token (RNDR) reached its highest price on Mar 17, 2024 — it amounted to 13.999 USD. Find more insights on the RNDR price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Render Token (RNDR) reached the lowest price of 0.283 USD on Jun 18, 2022. View more Render Token dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying RNDR is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade RNDR right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Render Token (RNDR): today its technical analysis shows the sell signal, and according to the 1 week rating RNDR shows the buy signal. And you'd better dig deeper and study 1 month rating too — it's buy. Find inspiration in Render Token trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Render Token (RNDR) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Render Token is estimated as 2.18% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Render Token, you can find more inspiration in our curated watchlists.
You can discuss Render Token (RNDR) with other users in our public chats, Minds or in the comments to Ideas.