RNDR USDTRNDR is moving inside the descending channel and bounced from the support zone (Blue) at $2.866 - $3.272. Currently the price finds the support at $4.245 level and resistance at the middle line of descending channel.
If the price breaks above the descending channel and the resistance zone (Green) at $5.747 - $6.038 with high volume.
If the price fails to holed the support level at $4.245 and the support zone (Blue) then we will see more decline in the price to the next levels.
Everything is on the chart
Rndr
Alikze »» ROSE | Bullish Flag🔍 Technical analysis: Ascending channel & Bullish Flag
-The 4H frame time is moving in an uptrend channel.
- Currently, given that the channel ceiling is facing sales pressure.
- In a density in the middle of the channel, a upward flag is formed.
- In the event of a green box area, it can touch the specified targets.
🛑 Resistors: 0.134 - 0.146 - 0158
💎Alternative scenario: If the green box cuts the channel floor and can be modified to the range of 0.09766.
🟩 Support: 0.10986 - 0.11597
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RNDR - The Calm Before The Storm!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉After breaking below the last major low marked in red, RNDR has been overall bearish.
However, RNDR is currently rejecting a strong support zone marked in green.
📈 For the bulls to take over, and shift the momentum again, a break above the last major high marked in blue is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
What is next for RENDER?Hello everyone,
Here are my targets for RENDER during the bull market, as shown on the chart:
I'm setting the ATH (All-Time High) of this coin at $47 this season. However, as I've mentioned before, you cannot predict what will happen in a bull market. So, I always have a plan B with a more ambitious target of $320.
Although supports and resistances are demonstrated on the chart.
NOTE: RENDER was previously known as RNDR, it`s now migrating on Binance and will be re-listed at 26th of July
I say this because some altcoins will experience significant price surges during the bull market, far exceeding others.
Especially lately, RENDER has migrated to the SOL blockchain. Therefore, if SOL experiences a significant surge, all Solana-related altcoins could see substantial upside movement.
Feel free to ask any questions you may have.
Have a nice day!
Note: Charts and ideas will be updated as necessary.
#RNDR Trade Setup (SPOT)RNDR looks promising, like many other coins. My plan is to dollar-cost average (DCA) on dips, and I already hold it with an average entry of $5.85. Once it flips the $8 area, it could go parabolic with a target of nearly $30+. Is it likely to happen? No one knows, but fundamentally, RNDR is one of the strongest coins, potentially offering good returns during the alt season.
Best Entry: $5 - $6.45
Targets: $10, $18, $25, $30
I'm not considering any stop-loss (SL) here, as the project's fundamentals are solid, and DCA remains the most successful strategy.
Remember the aim is to add during the green days, not the green ones.
If you get in, try to DCA without fear and always keep USDT in reserve, never go all in at once.
DYOR, NFA
Let me know your thoughts in the comments section. Please hit the like button if you found this helpful.
Thank you.
#PEACE
Is RNDR Good Case For Hold?!As we see It could clearly sweep the last major low which is noticeable on daily timeframe.
Based on my strategy and the market situation, RNDR has taken all the licence!
Entry on 6.28 to 6.17 / short-term and mid-term targets are mentioned on the chart above.
Breaking Alert: Is RNDRUSDT About to Skyrocket or Plunge?Yello Paradisers! Is #RNDRUSDT on the verge of a major breakout or a sharp decline? Let's dive in to find out why this could be a game-changer for your trading strategy.
💎#Render is currently compressed between the falling wedge's trend lines. We are expecting a bullish breakout soon due to increasing volume and improving macro market sentiment.
💎If #RNDR is rejected by the upper trend line of the falling wedge, we might see a retest of the bullish order block (OB) at $5.81. This area has provided strong support for RNDR multiple times, as it is packed with liquidity.
💎Should CRYPTOCAP:RNDR fail to rebound from $5.81, the next level to watch is the lower support at $5.42. The probability of a rebound from this level is significantly higher.
💎If #RNDR continues to fall, the bears will take control, potentially leading to a bearish continuation.
Stay focused, patient, and disciplined, Paradisers. Trade smart and avoid the herd mentality.
MyCryptoParadise
iFeel the success🌴
RNDR Long Opportunity📉 RNDR/USDT Weekly Chart Analysis 📈
🌟 Trade Idea:
We're observing the RNDR/USDT perpetual contract on Binance. The price is currently showing signs of a potential reversal. We're targeting the **Sellside Liquidity** area for this setup.
💡 Key Levels:
- Current Price: **$6.10**
- **Sellside Liquidity** Zone: Around **$4.00-$5.00**
🔍 Trade Setup:
1. Wait for the price to tap into the **Sellside Liquidity** zone.
2. Look for bullish reversal signals within this zone.
🛠 Technical Indicators:
- **FVG (W)**: Fair Value Gap on the weekly chart could act as support.
📅 Timeline:
This setup is expected to play out over the next few weeks. Patience is key! ⏳
🔔 Action Plan:
- 📉 If the price dips into the liquidity zone, be prepared for a potential entry.
- 📈 Watch for confirmation of a reversal before entering a long position.
Good luck! 🚀
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:
_______________________________
BINANCE:RNDRUSDT
Render Crypto: A Bullish Breakout May Be in the CardsBINANCE:RNDRUSDT has exhibited mixed movements recently. Observing the exponential moving averages (EMAs), it can be noted that the 9 EMA and the 20 EMA have been closely aligned, indicating a short-term consolidation phase.
The Moving Average Convergence Divergence (MACD) indicator reflects a subtle bearish trend. The MACD line is below the signal line, with histogram values suggesting a weakening bearish momentum. This could imply a potential for sideways movement or a slight downtrend if the bearish momentum gains strength. Relative Strength Index (RSI) values, hovering around the mid-40s, indicate a neutral stance, neither overbought nor oversold.
Given the current technical setup, key resistance levels are identified at $6.649, $6.751, and $6.99. If the Render crypto price breaks above these levels with strong volume, it could signal the start of a bullish trend. Conversely, support levels are noted at $6.244 and $5.853. A breach below these support levels could indicate further downside potential, with the pair potentially targeting lower support zones.
For traders looking to enter long positions, an ideal entry point would be above the $6.649 resistance level, with a close monitoring of the MACD for signs of bullish crossover and RSI moving above 50. An exit strategy for long trades could be set near the $6.751 resistance level, or higher if the bullish momentum sustains.
For those considering short positions, entering below the $6.244 support level might be prudent, especially if the MACD continues to reflect a bearish trend and RSI remains below 50. Setting an exit point around the $5.853 support level would be advisable, keeping an eye on potential reversal signs.
In conclusion, the RNDR is currently in a consolidation phase with a slight bearish bias. Traders should watch for breakouts from key levels to determine the next significant movement. The interplay of the EMAs, MACD, and RSI will be crucial in identifying potential trade setups.
RNDR Long Spot PositionMarket Context:
RNDR is trading at a support level, providing an opportunity to enter into a long spot position.
Trade Setup:
Entry: Ladder into a long spot trade in the $6.50 - $6.70 area of support.
Take Profit:
First target: $7.80 - $8.50
Second target: $9.35 - $9.90
Stop Loss: Place the stop loss just below $6.00.
📊 Monitor the market closely and adjust your strategy as needed! #RNDR #CryptoTrading #SupportZone 🎯
MAJOR Correction Coming for $RNDRCRYPTOCAP:RNDR is a classic tale of the harder they come, the harder they fall.
Perfect entry to SHORT being rejected on its lower trendline.
Critical support about to be tested at the .236 fib
my guess is that doesnt hold and dumps ~40% since it cant even break an EMA
I'll LONG at $3.5
RNDR GOOD SETUPRender is showing us a nice entry with a good bullish setup. We can clearly see a clean break above the main bearish trendline and price is retesting it. I expect a bit of range more to accumulate longs, and the price could start to climb next week, targeting $10.00. Invalidation below $6.5
RNDR Price Update in 3-day Timeframe.Render (RNDR) is currently holding support at the 100EMA ($6.77), and a rebound from the current position will likely push the price back to the primary resistance at $9.219.
RNDR has yet to hit the long-term supporting trendline, and once it does, a strong rebound can be expected.
Important Points:
- Current Support: $6.77
- Lower Support: $5.2
- Resistance: $9.219
- RSI: Below 50 and close to the oversold zone
I hope this update was helpful. Do not consider this financial advice.
Regards,
Team Dexter
#RNDR #Altcoins
Alikze »» ONDO | ready to pullback to the broken major ceilingAccording to the previously presented analysis, which was a trading range between the two supply and demand ranges, after another attempt and support in the neck line range, it has succeeded in breaking the supply range.
💎 Currently, due to the exit from the ascending channel and the support in the green box range, it has now re-entered the ascending channel.
Currently, it can grow with a pullback to the broken structure to the middle of the channel of the $1.6 range.
💎 Therefore, with pullback to the previous major ceiling, it will enter another rally, which will have the ability to grow to the middle of the channel and then the ceiling of the channel, which I will update later.
💎 Alternative scenario: In addition, if the pullback is broken into the structure and the previous major cap is an internal pullback, it can have a correction up to the OB area of 0.89
cents.
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Render Analysis: Going hard without limits!Render is one of the strongest projects that has recently performed very well. I expect the price to bounce at the support level of $5.50 to aim for higher targets at $32, $57, and $123
RNDR: break pattern📊Analysis by AhmadArz:
🔍Entry: 9.780
🛑Stop Loss: 9.200
🎯Take Profit: 10.270 - 10.787 - 11.304 - 11.811
🔗"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!
RNDR || Take Profit 50% As simply shown,
RNDR targeting 50% within a few days as the coin has formed very strong signals to turn on the rocket to the sky!
Render Token potentional recovery?! "RNDRUSD-Long" This analysis focuses on the daily chart for Render Token (RNDR) highlighting key support and resistance levels.
Key Points:
Support and Resistance Levels:
Support: $6.78 - This level has shown strong buying interest in the past.
Resistance: $8.50 - A crucial level for a potential bullish breakout.
Trendline and Entry Point:
A downward trendline is acting as resistance. Breaking above this trendline and $8.50 could signal a bullish reversal.
Price Targets:
TP1 (First Target): $11.30
TP2 (Second Target): $13.65
RSI (Relative Strength Index):
Currently near 40, indicating the token is approaching oversold territory. Multiple bearish divergences suggest weakening momentum, but a move higher from here could signal a reversal.
MACD (Moving Average Convergence Divergence):
The MACD line is below the signal line, showing a bearish trend. A potential bullish crossover could occur if the price continues to rise.
Scenarios to Watch:
Bullish Scenario:
A breakout above $8.50, with confirming signals from RSI and MACD, could push the price towards $11.30 and possibly $13.65.
Bearish Scenario:
If the price fails to break above $8.50 and the trendline, it may retest the support at $6.78. A drop below this support could lead to further declines.
COINBASE:RNDRUSD COINBASE:RNDRUSD
Market Analysis: RNDr Coin Deep Dive🔍 let's delve into the RNDR project. RNDR, short for Render Token, is a project aimed at decentralizing GPU-based rendering solutions. It leverages the power of blockchain technology to connect users who need rendering work done with GPU owners who have spare processing power. This innovative approach aims to create a more efficient and scalable rendering ecosystem.
📉 As seen on the chart, RNDR has experienced a sharp decline and is approaching the support level at 6.999. This support is crucial as it is marked by a primary support line in blue, which holds significant importance for the price action.
⚠️ The RSI is currently at 29.06, which is in the oversold territory. This suggests potential for a short-term bounce, but the overall bearish trend remains strong. The sell volume has been increasing, indicating that the bearish momentum is still intact.
🔻 For a short position, consider entering if the price breaks below the key support level at 6.999. This would confirm the continuation of the bearish trend. The increasing sell volume supports the potential for further declines. It's recommended to set a stop-loss order above the recent high around 7.141 to manage risk.
📉 The target for the short position would be the next support level at 6.237. Monitoring the volume is crucial; if sell volume continues to rise, it strengthens the bearish outlook.
📈 A long position might be considered if the price shows signs of a reversal from the oversold RSI condition. If RNDR bounces off the support at 6.999 and breaks above the descending trendline, confirmed by a break above the trigger level at around 7.300, it could indicate the start of a bullish reversal.
🛠️ Wait for the price to break above 7.300 with increased buy volume before entering a long position. The next target for a long position would be the resistance level at 8.397. It's important to set a stop-loss order below the recent low around 6.870 to manage risk.
📝 In conclusion, RNDR is exhibiting strong bearish signals. For short positions, wait for a break below 6.999 with high sell volume. For long positions, look for a bounce off this support and a break above the trendline trigger at 7.300 with increased buy volume. Always monitor RSI and volume indicators closely to confirm momentum shifts. Manage risk appropriately, especially in such volatile market conditions.
RNDR HTFCRYPTOCAP:RNDR
That's clearly the first lower high on the macro chart, indicating a high time frame correction. I'm eyeing a range of $4.5-5, not $3.
RNDR ANALYSIS (12H)RNDR appears to be inside a large diametric.
We now seem to be in the middle of the F wave.
We have a good support area to complete the F wave.
If the price reaches the green range, we will look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
RNDR - A long term trade opportunityBINANCE:RNDRUSDT (1D CHART) Technical Analysis Update
RNDR is currently trading at $9.39 and showing overall bullish sentiment. Price has broken out from resistance multiple times and now it has hit the support again and bounced back from the support line. This is showing overall bullish momentum and we have a good long term trade opportunity here.
Entry level: $ 9.43
Stop Loss Level: $ 6.55
TakeProfit 1: $ 10.7598
TakeProfit 2: $ 12.3494
TakeProfit 3: $ 15.6090
TakeProfit 4: $ 19.4590
TakeProfit 5: $ 27.9267
TakeProfit 6: $ 35.9265
Max Leverage: 5x
Position Size: 1% of capital
Don't forget to keep stop loss.
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GreenCrypto