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Republicprotocol

$REN/BTC 3D (Binance Spot) Big falling wedge breakout and retestRen (formerly known as Republic Protocol) broke bullish few months ago and looks ready to push higher now. Current Price= 0.00001572 Buy Entry= 0.00001594 - 0.00001370 Take Profit= 0.00002362 | 0.00003330 | 0.00004375 Stop Loss= 0.00001130 Risk/Reward= 1:2.5 | 1:5.25 | 1:8.22 Expected Profit= +59.38% | +124.70% | +195.21% Possible Loss= -23.75% Fib. Retracement= 0.5 | 1 | 1.5 Margin Leverage= 1x Estimated Gain-time= 6 months
Long
by TradingOn
REN Uptrend Revs-up Ren Protocol is a permissionless and trustless protocol that allows users to transfer tokens across different blockchains. We went long REN/USD on 26 March 2020 at $0.04 and are +2525%. Today we see a new possible entry point at $1.05 after a 41.6% retracement from its 20 February high of $1.80. REN has found support at the 50 MA and looks primed for a resumption of its uptrend. Both the 50 MA and the 120 EMA are rising and buying volume has been healthy. In August 2020, Ren teamed up with Acala Network to bring Bitcoin to the Polkadot ecosystem. That September, Ren announced they would also be supporting the Binance Smart Chain. Last October, the Ren token was listed on Coinbase. The following month, Ren unveiled their Multichain upgrade, portending support for Digibyte, Dogecoin, Filecoin, and Terra. Last month, Ren officially integrated the Binance Smart Chain. They also became a part of Alameda research and are working on bringing wrapped assets to the Solana blockchain. Ren's main objective is to become the interoperability hub for the entire cryptocurrency space. We remian bullish on REN/USD.
BINANCE:RENUSDLong
by rzinho
7
🆓Republic Protocol/USDT Analysis (2/3) #REN $RENThere is a good strong force at 0.9$ and 1$ zones so we can expect a recovery in next days. We can start accumulating REN at 2 zones above and I think it will have a big recovery wave from March 5 and targets should be 1.4$ and 1.6$. If it can conquer 1.6$ zone, it will pump very strongly and 3$ will be reached soon! 📈BUY -Buy: 1.00-1.05$. SL if B -Buy: 0.88-0.92$. SL if B -Buy: 1.55-1.60$ if A. SL if B 📉SELL -Sell: 1.35-1.40$. SL if A -Sell: 1.55-1.60$. SL if A -Sell: 2.95-3.05$. SL if A ♻️BACK-UP -Sell: 0.88-0.92$ if B. SL if A -Buy: 0.50-0.53$. SL if B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
4
✳️Republic Protocol/USDT (30/11) #REN $RENREN is in indecision zone and we will wait a few more days before deciding which direction to trade. If the REN conquers the 0.31-0.33$ zone, REN will rise to the 0.4-0.45$ zone and will trigger the FOMO to rise to the 0.65$ zone in December. But if REN continues to be rejected in this zone, the REN will plummet to the 0.2$ zone 📈BUY- LONG -Buy: 0.31-0.33$ if A.SL if B 📉SELL-SHORT -Sell: 0.38-0.4$.SL if A -Sell: 0.43-0.45$.SL if A -Sell: 0.65-0.67$.SL if A ♻️BACK-UP -Sell: 0.31-0.33$ if B.SL if A -Buy: 0.2-0.22$.SL if B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
by CryptoStation
1
Republic Protocol (RENBTC) Quick Analysis by RequestRENBTC is looking good but with mixed signals. It is looking to breakout soon... Lower highs and higher lows... Volume decreasing and price volatility being reduced. If RENBTC breaks down, you can expect to find support around the green zone. This is where support is found. If RENBTC breaks up, resistance can be found around the red zone. That is our main resistance. Additional sideways action is possible. This is not a set up that I like. I wouldn't trade here because of the little info provided by the chart, and the fact that there is a good chance of this triangle breaking down. Another way to trade is after breakout. With a strong close above MA99 (red line), is a bullish signal. Here is the daily chart: Note: This is no trade advise. This is an analysis by request. Thanks a lot for reading. Make sure to hit LIKE. :) Namaste.
by AlanSantana
2