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REN

REN - possible upside after trendline breakout ❗❗❗Ren broke the trend line, but then there was a false break and the price came back below the trend line. The price could now correct and gather liquidity below the 0.93 and 0.9 levels. If the trend line breaks again, it could be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
3
Ren potential breakout RenVM serves as the engine that powers our decentralized interoperability solution. RenVM provides one of the only practical interoperability solutions that can scale. It is also the only solution that allows for secret computation over multiple inputs and multiple parties. RenVM is not a product or an application in and of itself, it is a network (and an accompanying SDK) that allows developers to bring cross-chain functionality to their DeFi applications. What problem does RenVM solve? RenVM enables the permissionless exchange of value between blockchains - bringing interoperability to DeFi. This directly enhances DeFi’s utility by adding more liquid assets to the Ethereum ecosystem. Regardless of the DeFi app, RenVM can provide a native cross-chain user experience allowing seamless and decentralized interoperability for the first time ever. What can be built with RenVM? RenVM serves as a plug-in for decentralized finance and therefore, any DeFi application can incorporate RenVM’s capabilities into their applications and existing smart contracts.
Long
by Skinwah
2
REN - this is the best place to buy 🤑🤑A broadening wedge structure has formed on the Ren chart. The price is now in consolidation in the middle of this wedge. The best buying opportunity will be after a false break or a test of the lower boundary of this wedge as support. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
5
Ren PlanSo we can see Ren is having large upwards trajectory, with a inverse head and shoulders on the daily, I expect it to bounce off the ascending support line (between the .768 and .618) and head to the 1.618 fib extension. With Ren’s Arbitrum bridge, value locked and volume all at all time highs, and progress on decentralizing the platform, Ren is primed for a(nother) major upwards move whilst still seemingly under the radar to most retail traders. In the high cap alt market, the only alts I see with such gains ahead besides Ren are Tezos, Polkadot, and Curve.
GEMINI:RENUSDLong
by Mattysalads
REN on the dailyRen is an interoperability platform aiming to connect popular blockchains, according to them you can transfer your tokens between different blockchains without worrying about compatibility. ✅ A big Cup & Handle has been formed in the last few months ✅ A breakout of this pattern has happened few days ago ✅ We need a daily candle close above the 1.11$ to confirm the breakout ✅ Suggested levels that are shown in the chart measured and based on the levels that the breakouts can give ✅ MACD crossed and showing a nice momentum ✅ RSI also suggests that we are going up ⛔️ If the breakout failed we will go back to the 0.61-0.92 channel where the 200EMA can hold as a Strong support ⛔️ A daily close above 0.61$ will suggest that we are going down again ⚠️ September is a tricky month for Crypto,be extra careful. ⚠️ The leader in this market is Bitcoin , keep an eye on it .
by njamal
4
RENUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in a 4-hour time frame. As you see, the price is fluctuating within an uptrend channel. We expect the price to reach the bottom of the channel and then start moving towards our target. But if it goes below the channel line and stabilizes, we predict a drop to the next support line. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
by MarsSignals
2
REN/BTC buy opportunityHi followers, RENBTC Formed great trading setup, after forming a rounding bottom, with higher lows and highs. The price broke above important resistance area, the retest of the breakout is a safe place to enter the trade. Don't forget to manage your risk! 👌 Good luck and trade with care 🙏 If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share! ❗❗❗ Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
Long
by FradkinXBT