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Renusd

REN possible a bull run to 1$ 🚀🚀🚀Hello i think REN is one from the best projects in the market right now and it's vert undervalued right now and when i see this chart i think it's the best time to invest in this coin we can clearly spot a bullish engulfing on it with a high volume and weekly time frame this is good sign and we can also see a clear RSI divergence this what make me very bullish for REN. don't miss to follow me to see any update about this idea. thanks.
RLong
by Crypto-Crunch
3
REN's Significant growth!REN has had good price growth in the last few days and the previous 24 hours. Its price, which was placed in a powerful support area, experienced very rapid growth with the support of buyers in the range of $0.065 to $0.070. Also, the $0.10 range has become support, and if the price returns to this area, we can expect support for further growth. One of the very strong and important resistances of this currency is in the range of 0.200 dollars, and if the price hits this range, the possibility of short-term buyers saving profits is high. The closest support range to the current price is in the area of ​​$0.120 to $0.123, and if signs of support are found in this range, the price can continue to move upward by forming an ascending channel from this range.
R
by MonoCoinSignal
5
REN looks good Ren 2.0 will be the network that powers Ren ecosystem growth throughout this exciting new chapter we’re about to embark on. Its primary advancements will be decentralization and security, supporting generic application logic on top of Ren, an improved MPC algorithm that’s more scalable and able to support more signing schemes, and optimized tokenomics to further align incentives for ecosystem participants. These are extensive upgrades to our core technology. Hence, they will be deployed to a new network. REN2.0 comes out early next year and DAPPS like Catalog are bringing real value to REN and its transition to a L0 (layer 0) currently 124 million market cap with lots of room to grow, lets see if it can breakout against ETH and in USD. Im currently long and built a big bag around 10-11 cents so I will be patient on this playing out. NFA
RLong
by youknowram
RENUSD got rejected on the 1D MA200Ren (RENUSD) almost hit today its 1D MA200 (orange trend-line) and instead of breaking it (would have been the first time since December 27 2021), it got heavily (so far) rejected to a point that the 1D candle is flat. This is far from an ideal sign, especially since the rejection also took place a few points below the October 05 2021 Lower Highs trend-line, as well as the 0.382 Fibonacci retracement level. Being similar to the July - October 2021 rally, we expect the price to trade within its Channel Up at best with the slightest break (close) below the 1D MA50 (blue trend-line) invalidating this pattern to the downside. On the other hand, a break above the 1D MA200/ Oct LH/ 0.382 Fib Resistance cluster, would constitute a trend shift to long-term bullish with upside targets the upper Fib levels, which as you see formed both Resistance and Support levels during the downtrend this year. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
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by TradingShot