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.
RNDRUSD trade ideas
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 Cycle Wave V (five) topping around Nov/Dec 2025 being a blow off top.
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**:
The price rejected the key **red resistance zone** between $10.0–$11.0, indicating strong selling pressure.
**Higher Lows**:
Despite rejection at resistance, the price has maintained **higher lows**, signaling bullish attempts to sustain the uptrend.
**Bearish Momentum Developing**:
Price is now testing the rising support line. A breakdown here could lead to a reversal toward lower levels.
Support and Resistance:
**Immediate Resistance**: $10.0–$11.0 (red resistance zone where sellers are dominant).
**Key Support Levels**:
$8.50: Rising support line and psychological level.
$7.50–$7.00: Green order block area where buyers previously stepped in.
Below $7.00: Strong support near $5.50–$5.00 (historical support zone).
Indicators:
Moving Averages (EMA 20/50/100/200):
Price remains above the **EMA 20** ($8.96) and EMA 50 ($7.82), showing bullish bias in the short-term trend.
The **EMA 100/200** at $7.03 and $6.68, respectively, provide stronger long-term support.
Money Flow Index (MFI):
**58.08** indicates neutral momentum but leaning slightly toward bullish, suggesting buyers still have some control.
Stochastic RSI:
The Stochastic RSI is currently near **oversold territory** (11.56), suggesting a potential bounce from support levels.
However, if price fails to hold support, oversold conditions can persist, leading to further downside.
Volume:
Volume during the recent move upward has been declining, suggesting weakening bullish momentum.
Watch for a volume spike on any breakout or breakdown to confirm direction.
Pattern Analysis:
The **rising wedge** pattern signals caution as it leans bearish. A breakdown below the wedge's lower trendline would confirm a reversal.
Rejection at the red resistance zone strengthens the bearish outlook unless bulls regain control.
Probabilistic Outlook:
Bearish Breakdown (Primary Scenario):
If price breaks below the rising support line (~$8.50), bearish momentum will increase.
Key downside targets:
**First Target**: $7.50 (order block zone).
**Second Target**: $7.00–$6.50 (EMA 100/200 levels).
**Third Target**: $5.50–$5.00 (major historical support).
Bullish Continuation (Alternate Scenario):
If price reclaims $10.0–$11.0 with strong volume, the uptrend will resume.
Key upside targets:
**First Resistance**: $11.50.
**Second Resistance**: $12.00–$12.50 (previous highs).
Key Signals to Watch:
A breakdown below the rising support line (~$8.50) = **Bearish confirmation**.
A breakout above $10.0–$11.0 resistance = **Bullish continuation**.
Volume spike during breakout or breakdown will confirm the move.
Conclusion:
The chart shows a **rising wedge** with weakening bullish momentum, increasing the probability (~65–70%) of a bearish breakdown. A decisive break below $8.50 would target lower levels at $7.50 and beyond. Conversely, a breakout above $10.0–$11.0 could invalidate the wedge and continue the uptrend toward $12.00.
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 push up, that is AFTER ETH made a new ATH. That's why it's so important to watch Ethereum, and the Bitcoin dominance chart.
More on that topic HERE:
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GEMINI:RNDRUSD
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 it stays below the top of todays candle’s top wick for the next few daily candles. If so, it then gives us a new price target we can look forward to heading towards once it breaks out of that pattern of around $20. For now this is speculative, for if render just resumes pumping and heads past the recent daily candle high the inverse head and shoulders pattern will no longer be in play *not financial advice*
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, may pull back a little before we see a solid break through.
This is not trade advice, DYOR.
Render/RNDR Lond- 420 day Bullish Gartley
- Three Rising Valleys
- Bullish Divergence x2
- Backtest of major support
Just the best you can ask for. Anything can always happen, but this is as good as you can ask for.
Render Token (RNDR)Render Token is an innovative project of sharing GPU computing power for consumers such as artists and graphic designers. At first, like many projects, RNDR price went down. After the downward move ended and price broke the downtrend line, an impulse upward wave started and price value increased significantly. It is possible an inverted harmonic pattern is forming; have to wait for the price to reach the previous highest high (horizontal line).
Buy RNDRRender is one of my favourite coins for the upcoming bull run. Should go crazy here after this breakout.
RENDR/USD - LONGMost times when you are new to trading you would want to chase price and this pair at the moment is gone but do not despair bears are about to give us an opportunity. The plan is to allow bears to push price down so that we could have a better entry at the lower price thus increasing our risk to reward ratio. Furthermore crypto across board seems to be recovering but we will wait for a lower long entry.
Summary:
Entry : $5
Target: $ 8.015
RIsk:Reward = 2
Plan your trade, trade the plan.
Do follow, boost my ideas and grow together.
Minimum 40% up for RenderRender has suffered a lot lately but it on the verge of breakout.
We grabbed liquidity 2 weeks ago and since then we have be trading within a bullish inside bar.
Once we close above this inside bar it is bullish for Render with the next resistance 40% up.
Render - One more drop to yearly open?Think we will see another drop to the yearly open level shown in the chart. Would be a solid long entry with a tight 10% stop for me. If it holds we should see a push towards 10$ within weeks but I think it will go much higher later this year, this hasn't topped out yet.
Stay safe!
Bullish Momentum in Render Price Trading Opportunities RevealedBINANCEUS:RNDRUSDT has recently exhibited some notable price movements, closing at $7.03 in the latest session. The asset has seen a steady rise over the past few sessions, indicating potential bullish momentum. However, understanding the support and resistance levels and the underlying technical indicators is crucial for predicting future price action.
RNDR faces immediate resistance at $7.109. A breakout above this level could push prices higher, with the next resistance levels situated at $7.566 and $7.735. On the downside, the nearest support level is at $6.857, with stronger support further down at $6.305 and $6.244. Traders should watch these levels closely as they can provide significant trading opportunities.
The 9 EMA (Exponential Moving Average) is currently trending above the 20 EMA, which is a bullish signal. This crossover suggests that the recent upward momentum could continue if the price remains above these moving averages. Meanwhile, the MACD (Moving Average Convergence Divergence) indicator also supports a bullish outlook. The MACD line is above the signal line, and the histogram is in positive territory, indicating strong buying pressure.
The RSI (Relative Strength Index) recently touched 64.25 before retreating to 58.01, suggesting that the Render price was in overbought territory but has since cooled down. This cooldown could provide a potential entry point for long trades if the RSI stabilizes around the 50-60 range.
For those considering long positions, a potential entry point could be near the current support level of $6.857, with an initial target at the $7.109 resistance level. A break above this resistance could see the price testing the higher resistance at $7.566 and $7.735. Setting a stop loss slightly below the $6.857 support could help manage risk.
Conversely, short traders might look for entry opportunities if the price fails to break the $7.109 resistance decisively. Targets for short trades could be the support levels at $6.857 and further down at $6.305 and $6.244. A stop loss just above $7.109 can mitigate potential losses from unexpected bullish breakouts.
In summary, the Render price is currently exhibiting bullish characteristics with key support at $6.857 and significant resistance at $7.109. Traders should monitor these levels and the behavior of technical indicators like the EMAs, MACD, and RSI to make informed trading decisions. As always, caution and proper risk management are essential.
MAJOR Correction Coming for $RNDRCRYPTOCAP: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
RNDR cooking up some nice gains soonRNDRUSD needs strong buyer momentum to break above Downtrend #2. Watch for a bounce off one of the three key demand zones ($6.8, $6.3, $5.6) as potential entry points. The key areas to monitor include breaking Trend Line #1 to confirm bullish momentum and observing the behavior around the top of the channel ($16-18) for a potential breakout or the formation of a bearish harmonic Bat pattern. Despite short-term fluctuations, RNDR holds significant long-term potential.
Let's break out of this trend and create a channel break out to the moon!!!
Bears Gonna Fumble This...One of the better alts in crypto with a good scam narrative behind it - it's getting close to a critical point which I believe will be the bottom of this correction and we will blast way higher once it's completed.
