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Rendertoken

Render Token RNDRUSDT Price Analysis (12h)🌟 Greetings, fellow traders and investors! 📊💹 Let's dive into our detailed analysis of Render Token (RNDRUSDT)! Currently, RNDRUSDT is exhibiting a consolidation phase within two significant bearish structures: the Rising Wedge and the Head and Shoulders pattern. These patterns often indicate an impending downward movement in the coming weeks, making it a crucial time for traders to be attentive to potential market trends. 📉 Rising Wedge: This pattern is characterized by a contracting price range between upward sloping support and resistance lines. As the price continuously narrows within this wedge, it suggests that a breakout to the downside is likely on the horizon. 👤 Head and Shoulders: The formation of the Head and Shoulders pattern indicates a potential reversal in the price trend. It comprises a higher peak (head) flanked by two lower peaks (shoulders), with the neckline acting as a critical support level. A decisive breakdown below the neckline often signals a bearish move. 🎯 Price Targets: Based on our analysis, we have identified potential targets determined by the height of the Head and Shoulders pattern and the Rising Wedge. These targets are located within the support zone of $1.27 - $0.95. Traders should closely monitor price movements and be prepared to act accordingly to capitalize on potential profit opportunities during this phase. It's essential to exercise caution and apply robust risk management strategies while navigating these bearish structures. Always stay informed, monitor market conditions, and consider various indicators to support your trading decisions. As always, we'll keep a watchful eye on RNDRUSDT's developments and provide timely updates to guide your trading journey. Wishing you fruitful trades and successful market endeavors! 🚀📈✨
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by Vestinda
Render RNDR price prepares a riddle, whoever reads it will guessAn interesting situation emerges on the RNDRUSDT chart On the one hand, the chart shows a seemingly obvious Head and Shoulders pattern with a target of $1.10. However, for this pattern to be activated, the RNDR price needs to consolidate below $1.90, or even better (for reliable development of the pattern, of course), it needs to fall to $1.50 and then fail to rise above $1.90. On the other hand, something deep down tells us that there is absolutely nothing stopping trading bots from drawing a "standard book pattern". So that during the formation of the pattern, without waiting for confirmation (which is very important), many shorts positions were taken. And then, with upward momentum, and on the triggering of stop orders on the short position, the "rocket" called Render can start to take off. And this rocket needs a lot of fuel, because there is a strong liquidity zone above the current price of RNDR, which will be difficult to break through. In general, we have written our thoughts, drawn arrows on the chart, and now the question is for you, which RNDRUSDT price will be faster: $6 or $1? Write your thoughts in the comments section. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
28
RNDRUSD hitting our target but isn't stopping there!The Render Token (RNDRUSD) is about to hit our long-term target (3.000) of the trade we made on March 22 (see chart below) two months ago, following our pattern perfectly: The Pitchfork Support and Resistance levels show that it won't be stopping here long-term as the Channel Up that is following since the March 10 rebound on the 1D MA100 (green trend-line) is more than obvious. With the 1D MA50 (blue trend-line) as the short-term Support, we will be buying the next pull-back and target 4.0000, which is right below Resistance 2 (High of February 02 2022). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:RENDERUSD
by TradingShot
3
Render Token Long Term StrategyHi folks, Let's look at what Render Token is 🏳️Render Token is a project token focused on blockchain technology and cryptocurrencies. Render Token (RNDR) is an ERC-20 token developed and distributed by a company called OTOY. 🏳️Render Token serves as a payment unit for the distribution of 3D graphics, virtual reality experiences, and cloud-based computing power. RNDR enables users to share their computing power while allowing token holders to receive payment in return for this computing power. Thus, those sharing their computing power earn more Render Tokens, while token holders make payments to utilize this computing power for rendering 3D graphics or other computationally intensive tasks. 🏳️Render Token holds significant value for professionals and companies in 3D graphics and virtual reality fields. By using this token, individuals and organizations in need of computing power can access more resources and render complex graphics faster. At the same time, token holders can earn passive income by providing their computing power. 🏳️Being an Ethereum-based token, Render Token operates on the Ethereum network. This ensures fast and low-cost transactions for the token. Render Token is also listed on exchanges, allowing token holders to exchange it with other cryptocurrencies. Bonus Chart 1: Wide Angle Technical Data 🎯Orange --> EMA50 --> 1,86 (support) 🎯Blue --> EMA200 --> 1,38 (emergency call) 🎯Accumulation Zone (FRVP) --> 0,37 - 0,67 🎯Fib 0,236 --> 2,01 --> Support no:1 🎯Fib 0,328 --> 3,05 --> Next target 🎯There is negative divergence on the table (if it's approved), we can see testing EMA50, even EMA200. If you're a short-term player, keep that in your mind. 🎯In the worst-case scenario we can see 1,46 (perfect time to buy for the long term). Bonus Information 🏳️RNDR is now only listed by Binance, Kucoin, and Coinbase (we can expect further listing). 🏳️Max supply --> 536,870,912. 🏳️Circulationg Supply --> 363,911,539 (%68). Bonus Chart 2: Google Trends AI, Bitcoin, and Metaverse 🏳️Blue one is AI. When we checked Google trends for the last 5 years, AI is surpassing both BTC and Metaverse. Let's imagine! What will happen AI projects in the next bull run? Thanks for reading all mates, do not forget to hit the like button.
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by Bullfighterr
Render token RNDR price is preparing to shoot up 🚀Looking at the price chart of RNDRUSDT, we can say with certainty that the increased interest of buyers in is If you know why this project is interesting, please share your thoughts in the comments. The price of RNDR has approached a strong liquidity zone, and it looks like buyers will try for the fourth time to break higher. That is, there is probably at least 60% upside ahead. In our opinion, it is safe to enter long position: - above $2.20 on the blue route - if force majeure occurs and the price drops sharply (which now looks rather unlikely), then long from $1.50 The main thing is not to rush and wait for confirmation of a safe entry. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
45
RNDRUSD +50% up since our last buy call and it's not over yet!Render Token (RNDRUSD) is up more than +50% since our buy signal more than 1 month ago: Medium-term traders may look to book those respectable profits but we can get an extension if the price closes a 1D candle above Resistance 1 (2.1750). In that case, our long-term target of 3.0000 which sits just below Resistance 2, will most likely get materialized. The key to this is for the 1D MA50 (blue trend-line) to keep supporting. Notice the similarities on the 1D RSI patterns of RNDR's previous drop-accumulation-rise formations. It appears that right now we are on a candle similar to January 20. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:RENDERUSDLong
by TradingShot
RNDR/USDTThis is my macro view on Render Token. I'm very bullish on Render for the next bull run but I think it's cooked for now and it's going lower on the HTF. If I get a chance to accumulate it below $0.30, I will gladly scoop it up. Currently this looks like a Double Top forming, yet to be confirmed under $1.28. That is a potential 80% drop from here so don't get chopped here. Even if you wait for it to break below $1.28 you won't miss the big move. Be wise, patience is the key. Follow, like the idea and feel free to leave a comment. Check out other ideas if you like this one.
RShort
by Trader_CD
15
RNDRUSD Buy the break-out or the next pull-backRender Token (RNDRUSD) it currently testing the 1D MA50 (blue trend-line). If the 1D candle closes above it, then buy the break-out. If not, a rejection as in mid December is more likely, so buy the pull-back on this Pitchfork Support. Target in both cases 3.0000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:RENDERUSDLong
by TradingShot
Render Token Analyze (12/17/2022)!!!💻Rener Token is my favorite project with awesome founder ''Jules Urbach'' with his great team. Jules sets the strategic vision for OTOY and is the chief architect of the company’s technology roadmap. Widely hailed as a pioneer in computer graphics, streaming, and 3D rendering with over 25 years of industry experience. He made his first game, at 18, and went on to make the web’s first 3D video game platform and licensed the software to Macromedia, Disney, Warner Brothers, Nickelodeon, Microsoft , Hasbro , and AT&T . His life’s work has been to revolutionize 3D content capture, creation, and delivery. Render Token is running near the support zone and important support line. I expect Render Token to go up until the Fibonacci levels (near the resistance zone) I specified in my chart. SMA 200 & SMA 100 play the role of dynamic resistance in the chart. Render Token Analyze ( RNDRUSDT ) Daily Timeframe ⏰ (Log Scale). 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
RLong
by pejman_zwin
6
A little GemThis one Im invested in this mostly because of the people behind the project. rendertoken.com If you look at the Team you have ARI Emanuel who is the Co-Founder & Co-CEO @ WME IMG (owns the UFC) and J.J. Abrams Chairman & CEO @ Bad Robot Productions (Movie Director/film maker) and Mike Winkelmann ( Artist @beeple) to name a few. When I do my research I look to see who is involved and this one has Gem written all over. Definitely a long term hold (3-5 years for me)
RLong
by COCKSUCKERS
1