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REN

Impressive Gain!REN is trading at $0.135000 and has gained the most compared to other assets in the market. If we analyze the 4-hour timeframe, we can see that REN has been performing pretty well. The RSI is currently at 75, indicating that the asset may be overbought. However, the volume oscillator is at 26%, suggesting that there's still room for some price movement. Additionally, the MACD is positive at 0.008520, which means that the asset is in an uptrend. The stochastic oscillator is currently sitting at 53.7, suggesting that the price is in a neutral zone and not oversold nor overbought. Now, let's talk about some key support and resistance levels for REN. The Fibonacci retracement levels are always helpful for traders to identify potential levels of support and resistance. In this case, the 0.5 Fibonacci level at 0.099336 is acting as significant support, while the 1 Fibonacci level at 0.11448 may act as resistance. Similarly, the upper Bollinger band at 0.131356 and the lower Bollinger band at 0.078257 are also crucial support and resistance levels, respectively. The middle Bollinger band at 0.104900 is currently acting as a support level as well. Lastly, the 4-Hour EMA 50 at 0.101605 is also acting as a support level for REN. So, what does all of this mean for traders? Based on the analysis, REN is currently in an uptrend, with potential support levels at the 0.5 Fibonacci level, the upper Bollinger band, the middle Bollinger band, and the 4-Hour EMA 50. However, the asset may face resistance at the 1 Fibonacci level and the lower Bollinger band. Traders should also keep an eye on the RSI, as it is currently at 75 and may indicate an overbought market. All in all, REN seems to be performing well, and with the right strategy and analysis, traders can potentially benefit from its price movement.
by MonoCoinSignal
2
Republic Protocol (REN), gained massivelyOn a daily TF, the Relative Strength Index (RSI) is 53.84, indicating that the asset is in a neutral zone. The Daily timeframe 0 Fibonacci level is at 0.147883, while the Daily timeframe 1 Fibonacci level is at 0.078855. These levels suggest that REN's price may experience some resistance and support at these levels. The upper Bollinger band for the Daily timeframe is at 0.117676, while the lower Bollinger band is at 0.74148. The middle Bollinger band is at 0.95944. These bands suggest that REN's price may experience some volatility in the near future. The volume oscillator is 21.94, which indicates that there is a strong buying pressure in the market. The MACD is 0.005669, which suggests that REN's price may continue to rise in the short term. REN's price has increased by 25.93% in the last 24 hours. The rise in its price may be due to the instrumental role played by investors holding thousands to millions of REN in driving up the token price. Despite the fall in network growth, investor sentiment remained high, contributing to REN's massive gains. Overall, based on the given information, REN's price is in a neutral zone, and there may be some volatility in the near future. The Fibonacci levels suggest that there may be some resistance and support at 0.147883 and 0.078855, respectively. The volume oscillator indicates that there is a strong buying pressure in the market, and the MACD suggests that the price may continue to rise in the short term. The recent rise in REN's price may be due to investor sentiment and the role of large investors holding significant amounts of REN. Traders and investors should carefully monitor the price levels and indicators to make informed decisions.
by MonoCoinSignal
2
Thread on SMALL altcoins with more than 10x potential THIS IS A COPY PASTE & DONE MUCH EARLIER TODAY --------------------------------------------------------------- Let's do 🧵on SMALL CAPs with potential once $BTC rips NOT SAYING BUY NOW, these are POTENTIAL #altcoins with more than 10X Posted few b4 so wont mention those $CEEK (own, bought more today) $PYR $DENT $TEL Starting from 300+ @coingecko $MOBOX (Fully diluted is 500M & doesn't really qualify, oops) $REN $WIN - doing more DD on this $JOE - Especially if $AVAX pumps - Continued #crypto SMALL CAP #altcoin🧵 Potential #altcoins once $BTC rips More than 10X $MDX #defi $TLM Fully Diluted hurt, still a top played game #p2e $RACA #metaverse $NKN Barely makes list, was a peak high, not sure if it'll make it back there anytime soon - Not doing lunch today, going #OMAD So let's continue #crypto SMALL CAP #altcoin🧵 Potential #altcoins once $BTC rips More than 10X Using Weekly charts now for better picture $OGN $BNT $SDAO would've made the list 3 days ago Means time may be running out lol, jk $DODO - Let's continue #crypto SMALL CAP #altcoin🧵 Potential #altcoins once $BTC rips More than 10X - Weekly charts $BADGER $YGG bad fully diluted but nice project #P2E $MOVR $GODS #Metaverse #NFT - Let's continue #crypto SMALL CAP #altcoin🧵 Potential #altcoins once $BTC rips More than 10X - Weekly charts $RAY #defi $RLY $UFO #p2e #metaverse #NFT $BAKE - INTERMISSION for #crypto that ALREADY 10X! $QLC May have more steam!!! Look at volume! Let's continue #crypto SMALL CAP #altcoin🧵 Potential #altcoins once $BTC rips 10X+ > Weekly charts $SFUND #p2e #metaverse #nft OWN $GAS Horrible tokenomics but MOVES $TRU - OWN #yield -
BINANCE:TLMUSD
by ROYAL_OAK_INC
REN: VOLUME CHANGE $0,10 This coin did show before a breakdown trend and depending on some order transactions but with market orders, it did 15% into an uptrend. The big question is are this coin going to trend further to the critical $0,10 or it's going to break down? Depending on the data it seems this coin has the right volume, it's only the question of which side this volume will be used as market trades playing also an important trend. There is no a confirmation for downtrend and before also not, there were only high signals that this coin was able to breakdown, but how the market seems now it can still move to $0,10 it will stay an interesting coin depending on the volume out of it will break out further or return to the price action. It's important to follow the last trends of markets as markets change with time. This is not trading advice, this is only a view of how the market can play coming times. # the volume of this coin is for the most part a market order volume ( directly entering), which means a trend volume. the reason for this is unexpected, with the time frame we could see if this volume can get confirmed to real breakout.
Long
by Goldenbreakout
6
December 16 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is down 1.73% over the last 24 hours and fell to an intraday low of $17,275.51. Bitcoin is trending downwards after reaching a one-month high of $18,387 around the latest macroeconomic data and policy update from the United States, suggesting investors are worried about the future outlook of the U.S. economy. The relative strength index (RSI) is near the midpoint, indicating a balance between supply and demand. If the BTC/USDT pair drops below the 20-day EMA ($17,215), it could fall into the $16,500 - $17,000 zone again. Today’s Cryptocurrency Headline Ren DAO to Vote on Plan to Mint New Funding Tokens The Ren community, which oversees a DeFi protocol that issues wrapped crypto assets, is considering the minting of new tokens to raise capital after the collapse of Alameda Research left the project without access to its funds. The proposal proposes four options for minting amounts, including 50 million, 100 million, 150 million or 200 million REN tokens, and a fifth option to reject the entire plan. At the current token price, Ren could raise from $4 million and $17 million. As previously reported, Ren stated that due to the bankruptcy of Alameda Research, the funds provided to the Ren development team will only last until the fourth quarter. Ren is negotiating with investors to continue to promote development and plans to launch Ren 2.0 earlier than expected. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
1