RNDR-USDT buy NOWRNDR so good to buy
PP: Price action - supply to Grow
I'm buying with take profit and stoploss in this picture
Waiting 3 month!
Gud luck!
RNDRUSDT trade ideas
Can $RNDR Hit $50? #RNDRUSDT Analysis:RNDR/USDT Chart Analysis
Bullish Outlook:
CRYPTOCAP:RNDR has shown impressive returns: 34x in a year and 10x in the last 7 months. However, given its impressive gains, current investment in RNDR/USDT carries high risk.
Technical Analysis:
The current weekly candle indicates a strong bounce back from support, signaling that RNDR remains bullish as long as it holds the $7 support level.
If RNDR maintains this support, it could reach new all-time highs (ATH) and potentially rise towards the $50 mark. The RNDR project has strong potential for further growth.
Bear Case Analysis:
➡️ If RNDR breaks the $7 support, consider accumulating around the $3.5-$4 range, which serves as a significant support level.
Takeaways:
➡️ Monitor the $7 support level closely.
➡️ Consider the risk involved due to recent high gains.
➡️ If the support holds, RNDR has the potential to soar, but breaking the support could offer a good buying opportunity at lower levels.
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$RNDR : Best AI tokenThe recent breakout indicates a strong continuation of this uptrend, potentially setting the stage for the token to hit a new all-time high. LFG!
#RenderNetwork #AI BINANCE:RNDRUSDT
Catch the Wave: RNDR/USDT Analysis & Potential $50 TargetCatch the Wave: RNDR/USDT Analysis & Potential $50 Target
Elliott Wave Count Insight
CRYPTOCAP:RNDR is currently showing signs of forming an Elliott Wave pattern, suggesting a potential correction in the near future. Our analysis indicates that there might be further correction ahead.
Previous Analysis Recap
In our last analysis when #RNDR was around $10, we accurately predicted a 4th wave correction, which has since been fulfilled.
Current Scenario and Entry Opportunities
There's a strong support level anticipated at $5-$6, representing the 0.382 Fibonacci retracement. This suggests a potential bounce for the 4th wave from this support zone, presenting favorable entry opportunities.
Price Target Projection
Should our wave count analysis hold, we anticipate RNDR's price to potentially reach $50 in this bullish cycle.
Alternative Scenario
In case RNDR fails to maintain the 0.382 Fibonacci level, we recommend considering entry points around $2.5-$3.5.
Remember, trading involves risks. Always conduct your own research and consider your risk tolerance before making any investment decisions.
RNDR Buying Frenzy: Seize the Opportunity Now!Greetings, crypto enthusiasts! Join me for daily technical analysis of the crypto market's twists and turns. Knowledge is key! 🗝️
Disclaimer: Crypto markets are volatile. Use technical analysis as a tool, but consider the broader picture. This is not financial advice."
#RNDR UPDATE$RNDR completing Cup & Handle pattern on Weekly🔥
Leg Upwards is coming📈
Charts | Happy Trading
Technical Analysis Suggests a Promising Upward Trend for RNDRBased on our analysis, it appears that RNDR is poised for a significant move. The Harmonic pattern analysis suggests that RNDR's price is likely to retest the 0.756 level of inverse Fibonacci retracement, which falls within the range of approximately $0.93 to $1.0. This retest could serve as a springboard for a robust bounce-back.
According to the Harmonic chart, our initial target is set at the impressive $3.0 level, as clearly indicated in the chart. We believe this target could be achievable in the coming months, reflecting the potential for substantial growth in RNDR.
Long-Term Potential**: But that's not all. Looking further ahead, we foresee the possibility of RNDR retesting its all-time high at $4.0, possibly sometime in 2024. This suggests a bright future for RNDR, and investors might want to keep a close eye on this project.
It's important to note that RNDR's potential for long-term growth doesn't solely depend on bullish market conditions. Even if Bitcoin and the broader cryptocurrency market were to experience a decline, RNDR seems to have the resilience and fundamentals to continue performing well.
In conclusion, Render Token (RNDR) is displaying promising signs of growth. With the potential for a substantial price increase in the near term and exciting possibilities in the long run, RNDR is definitely one to watch.
#RNDR #Cryptocurrency #Blockchain #Investing #TechnicalAnalysis #CryptoNews #RenderToken
Ac
chuk💎"Heads up, Paradisers! RNDR/USDT (Render Token) has taken a bearish detour in its price trajectory following a significant trendline break. This disruption in the trendline suggests a shift in market dynamics and a potential alteration in the prevailing bullish sentiment.
💎The breach of a trendline is often perceived as a pivotal technical signal indicating a shift in the equilibrium between buyers and sellers. In the case of RNDR/USDT, the bearish price action post the trendline break signifies a diminishing bullish momentum and a potential surge in selling pressure.
💎Traders and investors are keeping a close eye on RNDR/USDT's price movement to gauge the extent of the bearish sentiment and pinpoint potential support levels. It's crucial to observe the emergence of new price patterns and monitor other technical indicators for deeper insights into the market direction.
RNDR - Moving on Elliot Wave Pattern#RNDR 1-Day Chart Analysis
RNDR perfectly Moved as per Elliot Wave Theory and now its Correction wave starts, while first cycle of Correction wave is finished yet and movement start towards second upward direction wave and soon up to July in bearish zone time period, its again reach last lowest mark of 1.25 dollar approx.
Invest wisely and #DYOR always.
RNDR/USDT goes bearish after trendline break..?!!👀💎"Heads up, Paradisers! RNDR/USDT (Render Token) has taken a bearish detour in its price trajectory following a significant trendline break. This disruption in the trendline suggests a shift in market dynamics and a potential alteration in the prevailing bullish sentiment.
💎The breach of a trendline is often perceived as a pivotal technical signal indicating a shift in the equilibrium between buyers and sellers. In the case of RNDR/USDT, the bearish price action post the trendline break signifies a diminishing bullish momentum and a potential surge in selling pressure.
💎Traders and investors are keeping a close eye on RNDR/USDT's price movement to gauge the extent of the bearish sentiment and pinpoint potential support levels. It's crucial to observe the emergence of new price patterns and monitor other technical indicators for deeper insights into the market direction.
RNDR the next crypto gem#rndr is ready to launch according to previous data RNDR may hit 3$ in this summer
💡Don't miss the great buy opportunity in RNDRUSD @RenderToken
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.489).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RNDRUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 52
Take Profits:
TP1= @ 1.804
TP2= @ 2.199
TP3= @ 2.500
TP4= @ 2.901
TP5= @ 3.237
SL= Break below S2
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RNDR LONG !!! As the Crypto markets are turning bullish and the coins are available at a discounted price, it is a great opportunity to buy.
RNDR is at a good Support level.
Buy according to the levels given in the charts.
Always Place Stoploss.
Trial the Stoploss when a new higher low is formed.
let your profits be on Stonks !! :)
