#REN/USDT / Ready to go up#REN
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.03000
We have an uptrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.03585
First target 0.03885
Second target 0.04213
Third target 0.04716
REN
DreamAnalysis | REN Futures Key Triggers and Levels✨ Welcome to today’s analysis! Today, I’ll be reviewing REN and identifying crucial futures trading triggers for this coin. We’ll start with the daily timeframe and then move to the 4-hour timeframe for more detailed insights.
📅 Daily Timeframe Analysis
In the daily timeframe, REN has been in a prolonged downtrend since hitting resistance at $0.11457, a decline that has continued for almost 200 days. Currently, the price is at the $0.03268 support, which is the most critical level for this coin. Although this support is robust, repeated encounters with this level have gradually weakened it, having already been tested four times in this cycle.
🔽 If this support fails, the price may move to the next support level at $0.02839. This is the last major support, and a loss here would likely lead to sharp, deep drops on the chart.
🔼 If the price rebounds from support, the first long trigger will be a break above the trendline and $0.03924, followed by a second trigger at $0.04436. Both are risky triggers, so I rely on volume and RSI confirmation before entering positions. (While volume and RSI are essential in all trades, they are even more critical in higher-risk positions.)
📊 Currently, volume is stagnating, showing no clear momentum. If $0.03268 breaks, high selling volume will confirm the breakout; otherwise, it could likely be a false break. For a long position, a strong increase in buying volume is necessary to change the trend.
📈 The primary long trigger is a break above $0.05437, a significant support level for this coin, which can also serve as a spot buy trigger. An RSI break above 58.61 would indicate a bullish momentum. Spot targets include resistance levels at $0.08088 and $0.11457.
⏳ 4-Hour Timeframe Analysis
In this timeframe, we can refine the $0.03268 support to $0.03385, where a breakdown has already occurred, followed by a potential pullback. If the pullback confirms and the price sets a lower high, the support breakdown will be valid, setting $0.02839 as the next target.
📉 One noteworthy detail in this downtrend is that volume is decreasing; however, as today is Saturday, reduced volume is typical across markets, so it’s not necessarily a sign of weakness. Additionally, RSI is near the 30 mark, and a break below could introduce bearish momentum, pushing the price toward the next target if the pullback confirms.
📈 However, if this breakdown proves false and the price reenters the $0.03385 to $0.03963 box, it indicates that buyers have stepped in, pushing the price back up despite the support break. In that case, we can anticipate a bullish move, and a break above the $0.03963 resistance could be a long trigger. A riskier long trigger would be a break above the 50 line in RSI, along with a higher high in Dow Theory. All of these triggers will only be valid if the price reverses the downtrend and reenters the box.
❌Disclaimer
This is not financial advice; it is merely my personal opinion on how the coin might move. Always conduct your own research before making any decisions.
RENUSDT 1:1 Long Setup SettingBINANCE:RENUSDT
CRYPTO:RENUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.03480
0.03530
0.03603
0.03693
🔴SL:
0.03163
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
#REN/USDT#REN
The price has broken the descending channel on the 1-day frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.03350
Entry price 0.04250
First target 0.05190
Second target 0.06400
Third target 0.07530
REN Technical Analysis in a 3-Day TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
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Now, let’s dive into this chart analysis:
REN is in a downtrend, and a few weeks ago, it was rejected at the 35 EMA resistance. If the bearish move continues, REN is likely to test the descending support trendline at around $0.0277.
The RSI is forming a hidden bearish divergence, indicating a potential bearish impact on REN.
If REN holds above the support trendline, a rebound can be expected, with the price testing the $0.052 resistance.
Key levels:
- Support/Entry: $0.0277.
- Primary Resistance: $0.048-$0.052.
- Higher Resistance: $0.095.
- RSI: Hidden bearish divergence formation.
DYOR, NFA.
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#PEACE
Is #RENUSDT About to Skyrocket or Sink? Key Levels in FocusYello, Paradisers! Are you ready for the next big move on #RENUSDT? Let's look at the latest analysis of the #REN and see what's happening:
💎We're seeing some strong potential for a bullish continuation from a critical demand zone at $0.0343. We've been closely tracking #REN, which follows a descending channel pattern and seems to be gearing up for a bullish breakout. The next key target to watch after the breakout is the internal minor resistance at $0.059.
💎If #REN holds steady at $0.0343, we could be on the brink of a significant bullish rally, much like those explosive moves we've seen before. A breakout above the crucial resistance at $0.059 could pave the way for a run toward even higher resistance zones—with potential gains ready to take us even further.
💎But caution, Paradisers! If momentum weakens at this critical demand zone, we might see a pullback to the lower support area around $0.0276.
💎Keep your eyes on #REN price action. A daily close below this support could invalidate the bullish scenario and open the door to further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
REN Long 📩 Pair: RENUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: 0.0470
📊 Entry 2 (DCA): 0.0400
✅ Target 1: 0.0600
✅ Target 2: 0.0750
✅ Target 3: 0.0900
⛔️ Stop Loss: 0.0350
#REN is currently compressed between the trend lines of a descending wedge, and we expect a bullish breakout soon. If #RENUSDT faces resistance at the upper trend line of the wedge, we might see a retest of the bullish zone around $0.0400, which is a strong support level, rich in liquidity and a key area for potential buy orders.
Entry Strategy:
First entry at $0.0470
If the price drops, we will make an additional entry (DCA) at $0.0400 to lower the average cost of the investment.
However, if REN does not recover from $0.0400, the focus will shift to the next crucial support in the lower demand zone at $0.0350. The probability of a strong rebound here is quite high, making this level critical to watch. On the other hand, if REN continues to decline, the bears might take control, leading to a bearish continuation and marking a significant shift in market sentiment.
"Manage your risk – never trade with more than 1% of your capital on a single transaction."
REN: Exploring Trends and Key Levels in the Crypto Market✨ Welcome to my channel. Here, we analyze a new crypto project or Forex pair every day.
📅 Let's dive into today's analysis, focusing on the REN coin in the crypto market.
🗂 About the Project: REN is a protocol that enables the transfer of cryptocurrencies between different blockchains in a decentralized manner. It aims to bring interoperability to DeFi by providing access to liquidity from various blockchains for DeFi applications.
⌛️ Daily Timeframe
🔍In this timeframe, the price has been ranging for a long period around the $0.04996 support.
📊Support and Resistance Levels:
Resistance: $0.05060, $0.05696
Support: $0.04442, $0.03936
💥The RSI is around 54.25, indicating neither overbought nor oversold conditions.
🧩Currently, there is significant bearish momentum in this timeframe, and the volume aligns perfectly with the downward trend.
Recommendation: Given the strong support at $0.04442, we can expect another bearish wave if candles stabilize below this area.
⌛️ 4-Hour Timeframe
📈In this timeframe, the price has pulled back to the SMA99 and simultaneously reached the critical $0.04960 resistance, which was the main market low in the previous cycle.
The volume is gradually decreasing, indicating that the long-term downward trend impacts the 4-hour timeframe.
🔑Key Levels: For a long position, the key levels are $0.04960, $0.05060, and $0.05696. For a short position, $0.04442 and $0.04500 are critical areas where the price may react in the future.
🎲RSI Oscillator: The RSI is ranging between 39.81 and 54.34, and breaking either of these levels can provide confirmation for opening positions. However, be sure to use these levels only for confirmation and rely on candles to find the trigger.
♟Recommendation: This upward movement offers a better entry point for a short position. Given the bearish market in the 4-hour and daily timeframes and the potential trend change in the weekly timeframe, consider opening a short position as the trend aligns with the momentum.
⚠️Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research.
🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
#REN\\USDT#REN
The price is moving in the direction of forming a head and shoulders pattern on a 1-hour frame. The price is moving within it and is largely committed to it. We have a tendency to stabilize above Moving Average 100.
We have a downtrend on the RSI indicator that supports the rise and has been broken to the upside
Entry price is 0.05900
The first target is 0.06960
The second goal is 0.07947
the third goal is 0.09268
#REN/USDT#REN
It is moving in a bearish channel on a 3-day frame, and the price committed to the support area in green at the level of 0.05000.
Now we have an upward breakout of the triangle
We have a higher stability moving average of 100
We have bullish momentum on the RSI and an uptrend
Entry price is 0.0762
The first target is 0.0833
The second target is 0.0976
The third goal is 0.1161
REN ANALYSIS (2H)REN seems to be forming a diametric on small time frames.
It is now in the middle of the bullish wave E of this diametric.
By maintaining the specified demand, it can move towards the target.
The first target is the red box.
Closing a 4-hour candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#REN/USDT#REN
The price is moving in a downward channel on a 4-hour frame, about to break upward
The area in green is a very strong support area from which the price rebounded at .0800
We have an RSI trend coming up. The fraction is up
We have a higher stability than Movink Afrig 100
Entry price:0.08900
The first goal. 0.09370
The second goal is 0.1040
Third goal 0.1134
#Ren/Usdt#Ren
We see a bearish flag on the 3D frame with a strong support area from which the price bounced more than once before.
With a trend that is about to be broken by the price higher
With oversold saturation, we expect a rebound upwards from the support area marked in green, upwards from 0.0368 to 0.0427.
We can take goals in several stages.
First stage 0.0700
Second stage 0.00860
Third stage 0.1200
REN/USDT Break Alert! Indicating Continue the Bullish Movement.💎 REN has indeed left its mark in the cryptocurrency market. Currently, REN has successfully broken through the supply area and is currently undergoing a retesting phase at the demand area, which was previously the supply area.
💎 This sets the stage for a potential continuation of the upward movement, probability of reaching our target area.
💎 However, if REN retraces back to the demand area for a retesting phase, it needs to bounce decisively from this level to sustain the upward movement. Failure to hold the demand area could lead to a breakdown below it, potentially pushing the price toward the next demand area around $0.0697.
💎 At the demand area, it is crucial for REN to bounce convincingly, reclaiming the area above the previous resistance for continued upward momentum. Failure to do so may result in a continuation of the downward movement, eventually testing the strong support area.
RENUSDThello dear traders and investors
ren with usdt pair breakout downtrnd channel and ready for rally
Ren Price Live Data
The live Ren price today is $0.083723 USD with a 24-hour trading volume of $34,118,889 USD. We update our REN to USD price in real-time. Ren is up 0.85% in the last 24 hours. The current CoinMarketCap ranking is #470, with a live market cap of $83,649,735 USD. It has a circulating supply of 999,127,500 REN coins and a max. supply of 1,000,000,000 REN coins.
If you would like to know where to buy Ren at the current rate, the top cryptocurrency exchanges for trading in Ren stock are currently Binance, OKX, Bybit, DigiFinex, and UEEx. You can find others listed on our crypto exchanges page.
What Is Ren (REN)?
Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.
To learn more about this project, check out our deep dive of Ren.
Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.
The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes.
Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.
🐳REN will Go Up Again🐳Hi.
BINANCE:RENUSDT
✅Today, I want to analyze REN for you in a Weekly time frame so that we can have a MID-term view of REN regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
REN has broken out of a falling wedge pattern on the 1-week timeframe
Price appears poised for significant upside price movement based on this chart pattern.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
REN has formed a 3 white soldiers patternREN has formed a 3 white soldiers pattern which refers to 3 large green candles which is an indication the market will go up
🔵Entry Zone 0.068600 - 0.071728
🔴SL 0.062321
🟢TP1 0.0777269
🟢TP2 0.0859800
🟢TP3 0.108784
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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ren longhello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
#RENIn the H4 time and daily, it is moving in an ascending channel, which in the lower time of one hour has left the channel, which according to the momentum of the movement can move to the area of the trading node, and in case of breaking the range, the ability to reach the 4-hour supply area will also have