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REN

Ren (REN) More Explosive Growth 2021The REN project is another fundamentally sound DeFi project that is poised for major growth in 2021. A decentralized protocol that allows for users to transfer cryptocurrencies from one blockchain ecosystem to another. This project already has major utility being used on a daily basis and will only continue to grow with the growth of DeFi and the overall cryptocurrency market. Currently the USD pairing is in price discovery and trading at all time highs. However, REN still has yet to hit a new price discovery against its Bitcoin pairing. This indicates that REN still has a lot more room to grow. Another factor to consider is that REN currently has a circulating supply of 995,363,051 REN and only a max supply of 1,000,000,000 REN. REN is getting closer to reaching it's max supply which will also play a role in price increase this year. Also the according to the analytics firm Santiment has recently reported that whale accumulation for REN skyrocketed in Januarys which also indicates the increasing demand for REN. Our next stop for REN is at Fibonacci level 0.5 at 2925 Satoshi. Once we fully break past the 0.382 expect a runup to test 2925 Satoshi. Keep REN on your radar this year for 2021. As always much peace and love!
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by peacefuljustin
REN is ready to go upLast week, REN / BTC hit a rough patch after a strong start to the year. REN is used for ‘wrapping’ assets on Ethereum and is pretty popular. REN is needed to create a ‘darknode’, which wraps BTC, BCH, and ZEC, bringing them to the Ethereum network. Darknodes earn fees and with the wrapped BTC (or other asset) holders have it both ways: they keep their Bitcoins while also interacting with DeFi and earning fees on various platforms. Over $540 million worth of Bitcoin is now wrapped with REN. To see if REN’s rally would continue in the short-term, we’ve asked the following question on Cindicator’s Hybrid Intelligence platform: “The cryptocurrency Ren (REN/BTC) settled at 0.00001839 BTC at 08:03 AM UTC at the binance exchange on Monday, January 25. In your opinion, will REN/BTC trade above 0.00002181 BTC (+18.59%) at any time before February 8?” Assurance: 74% So Hybrid Intelligence believes that REN will go up over the next two weeks. This is not unrealistic given that in BTC terms, REN is still far from its August all-time high or even its October levels.
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by Cindicator
REN/USDT 34% up from our entry....enjoy#REN/USDT Profit Update:- #REN/USDT currently trading at $0.72 and went upto almost $0.75 Which is our 2nd Target. So Entry:- $0.56 ✅ Targets:- Target 1:- $0.66 ✅ Target 2:- $0.75 ✅ went upto $0.7499 So total 35% pure profit from our entry zone. Hope you earned lot money. Still bullish but now you can book profit. And if you want to hold then please Secure your principal amount. Mean to sat that you can hold your profit. Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
10
Price is rising, we follow the trend in RENUSDT 4hTechnical analysis regarding the price of REN in relation of dollar attached to Tether for the next scenarios, based on 4h movement. The price is moving in a strong upward trend and, moving away from the Moving Averages of 34 and 89 periods, following the upward trend line. In my view, it formed a symmetrical triangle pattern (ascending?), To which it was broken and, taking the expansion of the beginning of the triangle and projecting it after the break, we obtain the target that the price may reach. In such a way, I also have levels mathematically plotted with Fibonacci where I get the channels that the price may reach. disclaimer *** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
Long
by luizhcruz
RENUSDT (Waiting for the resistance zone Breakout)#RENUSDT(Day chart) Technical Analysis Update Waiting for the resistance zone breakout REN/USDT currently trading at $0.385 Long Entry-level: Above 0.440 (only enter long after resistance zone breakout) STOP LOSS: I will update once I see the breakout Target 1:$0.560 Target 2: $0.700 Max leverage: 2X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
Long
by GreenCryptoTrades
5
10 CRYPTOCURRENCIES TO 10X IF INVESTED IN 2021 | 8: RENDISCLAIMER: The following is not financial advice. Invest at your own risk. This is part 8 of the 10 part series of 10 Cryptocurrencies you should invest in 2021 to have exponential returns in the future. The investment strategy centers on fundamentals and predictive models. It assumes all exponential assets obey the following: Volume and Price action is everything. Price always reaches the upper band (green in color in the chart) of the previous cycle high. Ignores black swans and outliers ("A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.") Price always regresses to the mean: Fibonacci zone 50%. Each cycle's return diminishes by Fib levels: 100% to 78.6% to 61% and so on Why you should invest in Republic Protocol: Projected ROI on Log Scale: 1800% or more Projected Price Target: 5.88524 Maximum Drawdown on Log Scale: 100 to 300% Risk/Reward: 18X Expected timeline: 1 to 3 years (Please note the predictive model doesn't predict time period. It simply predicts price projection) Fundamentals of Price Movement: Since chart data for Republic Protocol is limited, we are going to focus on key fundamentals like Problems, Solutions, Team, and Investors. Please do your research before investing. I provided links at the end to help you out. This is my favorite Defi Project among all craps. Ren: What you need to know: medium.com Here is the investment research report: medium.com Taiyang Zhang, it's founder, is a beast. Look him up! Massive inflows of Smart Money in Bitcoin means massive inflows of money into major altcoins based on Market Capital. Altcoins are one cycle behind bitcoin, which means the return in altcoins will be 2X to 10X the return of Bitcoin. Total Crypto Altcoin market cap expected to reach 2.5 to 5 trillion in this cycle. See the chart below: Research Materials to Learn More: www.realvision.com medium.com medium.com renproject.io Don't forget to like this if it helps you. Welcome to the greatest wealth transfer of the generation. Check the previous post below. Next post will be about Horizen
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by filagotnochill
3