MyCryptoParadise_Nathan

RNDR/USDT is Building Momentum for Next Rally

Long
BINANCE:RNDRUSDT   RNDR / TetherUS

πŸ’Ž On the 1D timeframe, RNDR is sketching an optimistic scenario, suggesting a potential bullish surge.

πŸ’Ž The MACD is tilting towards a bullish divergence, signaling a possible upward shift following the consolidation breakout.

πŸ’Ž A retrospective glance reveals the price took a downturn after establishing equal highs. Moreover, the shift from demand to supply further intensified the bearish pace.

πŸ’Ž There's a clear untouched supply and bearish territory. It seems likely that RNDR will target this area for equilibrium in the near future. However, if the price slips past the support zone, brace for a potential drop.

πŸ’Ž In the dynamic realm of crypto, staying informed is essential. Keep an eye out for further insights and relish your trading adventure.


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