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RNDRUSD trade ideas

RNDR (BULLISH ASCENDING TRIANGLE)!!!!when viewed from the chart above, it indicates that the RNDR crypto asset is currently experiencing a strong upward trend (bullish ascending). If the price of RNDR manages to break the resistance level at $12.8, it is likely that there will be further gains. The potential price target after the breakout is between $15 to $20. This suggests that there are significant profit opportunities for traders who choose to buy or hold RNDR at this time, with considerable short-term profit potential if market conditions continue as expected. However, as with all crypto trading, there is a risk of loss that should be carefully considered. Therefore, traders are advised to conduct further analysis before making any trading decisions.
RLong
by anandahaidarr
RNDR (BULLISH ASCENDING TRIANGLE)!!!!The trading description of the statement "RNDR bullish ascending, if break from $12.8 possible to $15 - $20" is as follows: The statement indicates that the crypto asset RNDR is currently experiencing a strong upward trend (bullish ascending). If the price of RNDR successfully breaks through the resistance level at $12.8, there is a high likelihood of further increase. The potential price target after the breakout is between $15 to $20. This suggests that there is a significant opportunity for profit for traders who choose to buy or hold RNDR at this time, with a considerable potential for short-term gains if market conditions continue as expected. However, as with all crypto trading, there are risks of losses that should be carefully considered. Therefore, traders are advised to conduct further analysis before making trading decisions.
RLong
by anandahaidarr
RNDRUSD Expecting a technical pull-back.Render Token (RNDRUSD) gave us the bullish break-out we were looking for to buy on our last analysis (August 24 2023, see chart below) as the 1W MA50 comfortably held and provided the rebound that hit our Target: The price had a strong rejection on the Diverging Higher Highs trend-line of the 1-year Channel Up since and is currently on the 1D MA50 (blue trend-line). The 1D RSI is replicating the June 2023 sequence so it is quite probable to get one last pull-back towards the 1D MA200 (orange trend-line) - 1W MA50 (red trend-line) Support Zone before a new rally. Target between 3.000 - 2.800. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:RENDERUSDShort
by TradingShot
1
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
RenderNetwork at important resistance👀🔴Here is my RenderNetwork TA for you dearCrypto Nation😎🤘 RNDR got rejected at the POC + FIB 78.6% bullish scenario🐂 💠break this resistance zone 💠chase last ATH 💠reach TP at FIB 127.2% at $16 🟰that market cap would be 0.83% of current Bitcoin market cap bearish scenario🐻 💠deep correction to the final Bull Support Box 💠getting dark if we lose that support👀🔴 Comments💭, Likes♥️ & Follow🔗 appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
RLong
by Crypto4Everybody
✴️ Render Token Ultra Bullish, No Doubt (230% Potential)The bear market bottom for Render Token was hit mid-June of the year 2022, more than a year and a half ago... The rest is pure is growth, absolute bullishness. The chart here, RNDRUSD, is dominated by bullish signals and we have a constellation of factors pointing toward higher prices. Let's just name a few for entertainment, quickly: 1) Bullish MACD, strong RSI. 2) Falling wedge (bullish pattern). 3) Cup pattern with higher low. 4) Bullish candlestick patterns, closing above moving averages. 5) Strong Bitcoin. 6) Bullish astrological developments. Just to name a few... The volume should also be good even though it cannot be seen on this chart. The target on the chart is for illustration purposes only. I am trying to predict direction only here not timing nor exact resistance levels. In simple terms, the bigger picture is up, the market will take care of the rest. Namaste.
CRYPTO:RENDERUSDLong
by MasterAnanda
1