Render Token (RNDR)Render Token is an innovative project of sharing GPU computing power for consumers such as artists and graphic designers. At first, like many projects, RNDR price went down. After the downward move ended and price broke the downtrend line, an impulse upward wave started and price value increased significantly. It is possible an inverted harmonic pattern is forming; have to wait for the price to reach the previous highest high (horizontal line).
Rendertoken
#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
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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Might be the opportunity of the MonthI believe RENDER has huge potential. After a short term pull-back I think huge move will follow.
RENDER target 7.444h time frame
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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
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.
RNDR: Render BEST BUY ZonesRENDER is one of my top altcoin pics for 2024.🏆
It increased a generous 305% since the beginning of the year, and a new bullish cycle is likely next s soon as we hit the ideal re-accumulation zones where whales prefer to buy back.
A -77% retracement hit the next major demand zone, where I expect to see a decent bounce. Between this zone and the lower zone , I'd be looking to re-accumulate for a loner term hold position:
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BINANCE:RENDERUSDT
RENDER NEW VOLUME STARTRENDER seems to enter a new volume start, which can break the trend
At this moment render is interesting for the trend and on this reason we follow it.
Render Token / RNDRThe price of RNDR is $1.83 today with a 24hour trading volume of 180 million dollars. This represents a 4% price increase in the last 24 hours and a 333% price increase in the past 30 days!
Render token is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. Backed by parent company OTOY, the RNDR team is based out of Los Angeles, with team members throughout the world. The RNDR advisory board boasts industry leaders such as Ari Emanuel (Co-Founder and Co-CEO, WME), JJ Abrams (Chairman and CEO, Bad Robot Productions) and Brendan Eich (Founder and CEO, Brave Software and BAT)
bulls broke 0.8, 1.2 and 1.6 resistance and ready to claim 2$. I got into rndr wen it has 220 million market-cap and here we are at half a billion dollar mc. as you see market is in correction phase which is normal and healthy so don't panic if you see couple of red candles after 300% pump
RNDR: Key Buy-Back Zones to WATCHRender has completed its bullish cycle and is now moving steeply into bearish phase. Now this does not mean I am not enthusiastic about RNDR - In fact, it was on my list of top AI coins to watch for 2024:
I also called for higher prices early on. And now, it's time for a pullback.
This is NOT a bad thing - it gives you a chance to buy back in at lower prices, in anticipation for the next rally! I've market two zones for each timeframe that I will be watching as potential zones for spot buys.
Don't miss yesterday's analysis on ETH:
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BINANCE:RNDRUSDT
RNDR: Pullback in UptrendTrade setup : Price is in an Uptrend. It broke out of a Channel Down pattern and reached $12.00 for +50% gain. Now we look for an entry in Uptrend. Pullback to $10 support could be a swing trade entry with +20% upside potential to $12.00 again. Stop Loss (SL) level at $9.20.
Pattern : Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3.
Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum is Bearish (MACD Line crossed below MACD Signal Line). Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $10.00, then $8.00. Nearest Resistance Zone is $12.00, then $13.80.
RNDR : BULLISH, Despite the Dip - Here's Why👇COINBASE:RENDERUSD
A rare pattern is observed on Render in the daily - a near perfect W Bottom pattern.
Now there are a few rules for a chart pattern to qualify and we're not quite out of the woods yet. The next phase should be a retest of the neckline, where we need to keep CLOSING daily candles ABOVE. A break under this support zone will invalidate the pattern.
From a technical chart analysis perspective; if you trade chart patterns you should be able to successfully take a long on the support zone. All considering, this will be a medium-risk trade:
Another confirmation from technical indicator, the green trendline is a potential wick zone (price on the right pane):
Falling perfectly in the center:
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Render RNDR price shows strong movementIf we look at the chart of #RNDRUSDT on the daily timeframe, we can see that in recent months, the ‘buyer’ has been aggressively active in the $6-8 range.
Currently, CRYPTOCAP:RNDR is trading in the $10 range, but to be completely convinced of the serious intentions of buyers, I would like to see an aggressive defense of $7.70-8
📝Higher trading volumes in this range, ‘shadows’ on the candles from below, aggressive bounces upwards - all this will indicate that #Render buyers are not planning to let the price go lower.
And this, in turn, will be a good signal to buy the asset with a holding target in the medium to long term.
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RNDR Wave C SetupRNDR is currently ascending in a three-wave ABC structure, with wave A equaling wave C in target. The asset is now deep in the support zone, presenting a good opportunity to scale in for the upcoming wave C target of $25. It's advisable to begin scaling out early around $19, at the 0.786 level, rather than waiting for the precise target of $25.92.
RNDR: wait for confirmation📊Analysis by AhmadArz:
🔍Entry: 7.792 - 7.237
🛑Stop Loss: 6.420
🎯Take Profit: 8.736 -9.743 -10.761 -11.915 -12.590
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
RNDRUSDT(Render Token) Daily tf Range Updated till 15-04-24RNDRUSDT(Render Token) Daily timeframe range. compare to other alts and market plunge. its holding not bad. need to break 10.014 to reclaim older zone above that is price discovery. breaking 6.764 will led it to 3.651.
RENDER BUY NOW!! (Don't Miss Out!!!!)THIS IS IT. This is the dip we are looking for, as the bitcoin halving approaches, sell orders are being triggered before the big run up!! I wont be surprised if it came back down lower, so long as it does not hit the Swing Low I am confident this will breach ATH.
RENDER Long OPPORTUNITY!! LAST CHANCE!!Where price is @ currently, is a good position to buy and hold. You can pay yourself out a bit on each target profit marked. You should leave a bit more on the side for the long term run up.
Idea: Price will make the interweek low, Tuesday - Thursday(I know i said Wednesday on the chart but T-TH is the ideal spot) and have a run up taking out Mondays high! Right Away you should pay yourself a little bit and continue on forward. Price will trick people to think it will DUMP, triggering sell stop on a "broken support" level, and make a run up, causing people to lose money and make the whales, institutions, etc, more money. This is currently at a discounted price level. These are key things to look out for: consolidation, manipulation, expansion.
Consolidate: Building up liquidity in a small range, in other words, make buy/sell stop orders to target where the money is.
Manipulation: Trigger stops, other words, make people believe we are heading in the direction retailers expect
Expansion: Expand to the opposite direct, in other words, take their money and go!
Render (RNDR) is setting up for upto 12.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Render Token (RNDR) with US Dollar pair.
Previously we caught almost 70% pump of RNDR as below:
Now on a 4-hr time frame, RNDR is about to complete another bullish AB=CD move for the next pump.
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.
RNDR - Strong bullish Looking for a coin with momentum during this bullish season? RNDR has soared past all resistance zones and is well-positioned for reaching new highs. This trend indicates strong buyer confidence and could signal continued upward movement. Keep an eye on RNDR—it could be the coin to watch!
💻Render(RNDR)💻 can Fall ➖15%✅ Render(RNDR) is one of my favorite cryptocurrency projects .
🚀Earlier, when it was $0.45 , I shared a post with you that until now, RNDR has increased over 😱 ➕1500% 😱.
🏃♂️ RNDR is currently moving near 🟡 Potential Reversal Zone(PRZ)($9.24_$8.28) 🟡.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
🔔I expect RNDR to form an Adam & Adam Double Top (AADT) Pattern and fall to the 🟢 Support zone($6.68-$6.37) 🟢 after breaking the uptrend line and neckline .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Render Analyze (RNDRUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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Bitcoin Peaks, Then Plummets + AI Tokens Await NVIDIA ConferenceBitcoin Peaks, Then Plummets + AI Tokens Await NVIDIA Conference
Bitcoin has just hit a new all-time high, surpassing the previous record set in November 2021 by a couple hundred dollars on some exchanges (about $69,300). This could have been a ‘just for the hell of it’ accomplishment, because immediately after, selling pressure took it down ~6%, below $63,000. No sign right now of a bottoming.
Still, the consensus for Bitcoin (according to Binance users) moving forward is Bullish (35% bullish and 29% very bullish).
Another interesting story developing in the crypto space is that of AI-based tokens. Bullsih predictions for coins such as Render (RNDR), Fetch.AI (FET), SingularityNET (AGIX), and Akash Network (AKT) are building in the lead up to NVIDIA 2024 GTC conference. The NVIDIA conference, scheduled between March 18 and 21, will feature technical workshops on generative AI.
