Render
RENDERUSD: Key test of 1D MA200. Parabolic rise if broken.Render turned overbought on its 1D technical outlook today (RSI = 72.830, MACD = 0.0820, ADX = 28.717) as it hit the 1D MA200 for the first time since July 2nd. If crossed, we technically expect an aggressive rally to start. The next technical Resistance right above the 1D MA200 is the LH trendline. Last time we had a pattern like that break the 1D MA200 was on October 7th 2023, where both levels broke upwards. Consequently, we turn bullish on Render, expecting again a first bullish wave to the 1.786 Fibonacci extension (TP = 32.000).
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RENDER is super bullishFrom where we placed the green arrow on the chart, RENDER has entered a bullish phase
This phase is a diamond diametric, we are now at the end of wave D of this diametric.
By maintaining the green range, it can create a new ATH for wave E.
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#RENDER / Ready to go up#RENDER
The price is moving in a descending channel on the 12-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 4.20
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 5.57
First target 6.43
Second target 7.31
Third target 8.18
RENDER SWING LONG IDEA - RENDER COIN RENDER is one of the leading AI and DePIN projects in the crypto market. During the 2023-2024 altcoin bull cycle, this coin achieved a remarkable 10x return, so I recommend keeping a close watch on it.
Technical Analysis: The price recently hit the monthly demand and faced a rejection there during the August 5th dip. This rejection sparked an immediate bullish movement and shifted the weekly structure to bullish. The price also initially pulled back from a bearish trendline responsible for the downtrend since March 2024.
Recently, the price broke through this bearish trendline with strong momentum, highlighting the strength of the trend, and I’m interested in joining the trade after this breakout. My targets are set on the purple levels, and I expect potential upside in the coming months.
SL: $3.98
TP1: $6.80
TP2: $11.90
TP3: $13.80
#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
#RENDE(SPOT) entry range( 4.45- 5.45) T.(10.299) SL(4.439)BINANCE:RENDERUSDT
entry range ( 4.45- 5.45)
Target (10.299)
SL .1D close below (4.439)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER ****
RENDERUSD Bottom accumulation almost over. Don't miss this buy.Render (RENDERUSD) has been consolidating within the 1W MA50 (blue trend-line) and 1W MA100 (green trend-line) for 3 months (since the week of July 29). This is the technical accumulation pattern that the token has gone through on every market bottom (green arc) in the past two years.
The 1W RSI has broken and been trading above its MA trend-line for the past 6 weeks, which is the first bullish sign and an indication that the current accumulation is almost over (similar to previous two bottom formations).
As a result, we expect an aggressive bullish break-out soon, the 3rd major rally towards the 2-year Higher Highs trend-line. Our Target is at least $45.00 (+300% more than the previous one).
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👇 👇 👇 👇 👇 👇
RENDER target 7.444h time frame
-
Entry: $4.8
TP: $7.44
SL: $4.11
RR: 3.74
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(1) Potential rounding bottom on 1h
(2) Getting support twice at Fib projection 0.382
(3) Depend on time and space analysis, it might go over $7 before October
(4) Fib projection 1.13~1.272 is the target range around $7~$7.45
(5) Stop loss once going below $4.11
#RENDER Technical Analysis in a Daily TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
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Now, let’s dive into this chart analysis:
RENDER is facing resistance at the 50 EMA, and to continue its rebound, it must break above this level.
The price is gaining strong momentum, and as long as RENDER maintains the support trendline, we can expect the rally to continue.
If a rejection occurs, the lower support could present a good entry range for RENDER.
Key levels:
- Primary Resistance: $5.427.
- Initial Target: $8.02
- Primary Support: $4.09.
- Lower Support/Good Entry: $3.38.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
BEST Altcoins You can BUY NOWMany altcoins are close to bottoming, if not bottomed already. Here are some of my top buys right now in preparation for the next impulse wave UP:
1) POPCAT COINEX:POPCATUSDT
Popcat is looking bullish with higher lows, holding the diagonal trendline well. I'd look at dollar-cost-averaging with two orders, one on the trendline as well incase the price doesn't drop as low.
2) SUI BYBIT:SUIUSDT
Looking good after a strong V-shaped recover and making higher lows, which is a bullish sign. I'd say first major resistance is 90c - if we can close candles ABOVE and towards 96c, I'd say more increase is very likely.
Just keep an eye on BTC. Wouldn't want to see a fake-out above 90c just to get another drop. So a conservative approach is closes above 96c zone.
3) LINK BINANCE:LINKUSDT
Chainlink is an old-timer, and a safe bet for the next bullish impulse wave.
4) RUNE BINANCE:RUNEUSDT
Another top-pick for 2024. I' be happy to buy anywhere between these two zones:
5) RNDR BINANCE:RENDERUSDT
I'd like to hope we'll see a lower entry on Render, but if the price keeps closing above the upper white trendline it's unlikely we'll drop to the lower buy zones
6) DOGE BINANCE:DOGEUSDT
An altcoin compilation wouldn't be an alt compilation without Doge! Happy to buy between these two zones:
7) FTM BINANCE:FTMUSDT
My ideal buy zone would be the middle area, I doubt we'll see the lower zones soon
8) NEAR BINANCE:NEARUSDT
I'd be happy to buy anywhere between these two zones:
There are MANY more, but for the sake of time and space... let's get started with these!
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$RENDER Accumulation ZoneCRYPTOCAP:RENDER pulled up 90% increase from the lows, and it's being rejected again from dema200
RENDER is sought to be the leading AI/DePIN (Decentralized physical infrastructure networks) project riding the Nvidia hype.
However, Nvidia slumped after earnings beat.
Support level I'm looking now is around $4.20 to $4, lose this level then will definitely set for lower floor $2.60 to $1.30 where I would be looking to accumulate.
RENDERUSDT A Bullish Breakout or a Trap? Watch close this!RENDERUSDT – A Bullish Breakout or a Trap?
Yello, Paradisers! Are you ready for the next potential move in #RENDERUSDT? Let’s get into the details.
💎#RENDER has broken out of a descending channel, which is typically a bullish sign. The current price is likely to test the support zone between $5.65 - $5.336 before continuing its upward movement. If this support holds, we could see the price push towards the next resistance area. However, for RENDER to continue its ascent, it must break through this resistance zone to reach our target at the strong resistance level.
💎On the flip side, if RENDER fails to rebound from the $5.336 support and breaks below it, there's a high probability that the price could drop to the $4.37 demand zone. This area is crucial, as it has previously served as a strong base where many buyers have stepped in.
💎The bullish scenario would be invalidated if RENDER's daily candle closes below the $4.37 demand level. This area marks the previous low, and breaking below it could lead to a new lower low, signaling a deeper correction ahead.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
Is #RENDER still in a downtrend?#Render 1D chart;
Continues the downtrend that started in March with lower highs
It was last downtrending at $6.3 (CHoCH)
A close above the $7.2 level is required before we can talk about a rebound
Otherwise, the levels where it can go by making lower highs;
First OB support at $3.7
If it loses here, the IMB level will be $2.8.
Of course, although its first priority in every upward move is to overcome the previous low peak, it should not be forgotten that the downward trend line (red line) will also act as resistance.