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Render Token (RNDR) formed bullish Gartley for upto 16.50% pumpHi dear members, hope you are well and welcome to the new trade setup of Render Token (RNDR) with US Dollar pair. Previous we caught a nice pump of RNDR: Now on 4-hr time frame, RNR has formed another bullish Gartley pattern. At the moment, after the completion of the final leg, the priceline has moved slightly up, therefore, we can wait for some correction to buy it from the potential reversal zone. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
RLong
by moon333
RENDER (RNDR) TOKEN$RNDR token is growing as the render network expands and harness more and more GPU rendering power. The true value of this asset is yet far to be seen, as the decentralized rendering narrative strikes along with the metaverse narrative. At this moment, the render token has lost 58% since it's ATH after the hype, along with the $BTC downtrend, trying to find the bottom. If the value of $RNDRUSDT pair drops below 3, a more profound correction might happen. Otherwise, the scenario looks pretty nice for a cup and handle inside a bigger cup and handle . The need for rendering power most probably will uprise on the face of metaverse implementation. This is a timely opportunity for 4X gains until ends of april and maybe more in the long run. Full disclosure: I don't own any $RNDR tokens myself, although I am looking forward to buy some. This is not financial advice, this is just a thought for entertainment purposes only.
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by marckomaryanto
$RNDR AnalysisSupport turned into Resistance occurring on RNDR chart. Strong Breakthrough resistance, Now waiting for breakthrough long term downtrend. Will buy over $4. RNDR great project, is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. Their project is likely to be rendering projects in the metaverse.
RLong
by ashbeyinvestments
RNDR - Looking SpicyThis relatively unknown gem looks bullish: 1. Long term downtrend in place since March broken and successfully retested 2. Moving averages crossed up. 21 EMA on 4hr acting as support, 100 SMA previously acting as resistance broken 3. Currently attempting to break through the largest volume node on the chart at 0.70 Breaking and closing above 0.70 will be a good sign, although breaking 0.78 and putting in a new high is a more conservative signal of strength. Breaking back into the March downtrend channel invalidates.
RLong
by krr1337