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RNDRUSD

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: 👍 Follow Us to make sure you stay updated _____________________________ BINANCE:RENDERUSDT
by CryptoCheck-
RNDR: Will the Bulls Reclaim Their Ground or Face Rejection?Yello, Paradisers! Is #RNDRUSDT gearing up for a significant breakout? Let's dive into the analysis and find out! 💎#RNDR is potentially forming a triple-bottom pattern, indicating a crucial turning point. Over the next few hours, all eyes will be on RNDR as it approaches the formidable resistance zone of $6.90 to $7.20. This range is critical for bulls to conquer if they want to reclaim the major upside range between $7.20 to $11.55. 💎Initial strong resistance lies between $6.90 to $7.20. A successful break above $7.20 will push RNDR towards the minor resistance at $7.80. Bulls' Battleground between 6.90 to 7.80 will be a tough area for the bulls to conquer. Clearing this zone could lead to a significant upside, targeting primarily the 9.50 to 9.90 levels, with potential for further gains. 7.20 is a pivotal level and holds the key to unlocking substantial upside potential. 💎Bulls now have a strong supportive base between 6.0 to 5.90 levels. Any push back into this range would make it difficult for sellers to penetrate any further lower. Stay sharp, Paradisers, and monitor these key levels closely. Discipline and patience are essential for navigating these volatile times. MyCryptoParadise iFeel the success🌴
RLong
by MyCryptoParadise_Jack
#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
RLong
by Cryptorphic
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🌴
RLong
by MyCryptoParadise_Simon
3
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! 🚀
RLong
by SerenityEquity
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
RShort
by CryptoCheck-
Long-Term Accumulation Opportunity in RNDRUSDTI would like to share a long-term accumulation strategy for RNDRUSDT that I've been eyeing. Chart Patterns and Indicators: Descending Channel: The price is currently moving within a descending channel, indicating potential breakout opportunities. Harmonic Pattern (XABCD): The pattern suggests potential reversal points at identified accumulation zones. Volume Analysis: Increased volume at support levels indicates strong buying interest and validation of accumulation zones. Current market sentiment shows a mix of consolidation and potential bullish reversal, supported by the harmonic pattern and volume spikes at lower levels. This long-term accumulation strategy for RNDRUSDT focuses on systematically entering positions at identified support levels and distributing at key resistance points. This methodical approach aims to capitalize on both the technical patterns and market sentiment, ensuring a balanced risk-reward ratio. Additional Details about Render Token (RNDR): Market Cap: Approximately $3.92 billion Fundamentals: Render Token is a decentralized GPU rendering network that connects artists and studios needing GPU compute power with mining partners willing to rent their GPU capabilities. Potential: High demand for GPU rendering in the fields of VR, AR, and complex 3D modeling. Text Help by GPT :P, trust me he is way better at words!
RLong
by shyamnair
5
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
COINBASE:RNDRUSDLong
by CryptoLogics
1
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
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by behdark
1
#RNDR Scalp Trade Setups!CRYPTOCAP:RNDR AnalysisRisk/Reward: Looking promising. The breakout has occurred, and we're currently seeing a retest. TBH, everything looks good for altcoins unless BTC makes an unexpected move at the Monday open. Keep an eye on it. I've entered the trade, taking the risk. Accumulation Zone: $9.88 to $10.40 Targets: $10.87, $11.45, $12.22 Stop Loss: $9.75 dyor, nfa #RNDR Please hit the like button if you like it and share your views in the comments section. #PEACE
RLong
by Cryptorphic
2
#RNDR/USDT#RNDR The price is moving in a bearish channel on a 12-hour frame and is adhering to it to a large extent. It has been penetrated upward and the channel is being retested. The price rebounded well from the green support area at the 6.70 support level, which is a strong level We have a trend to hold above the Moving Average 100, which is strong support for the rise We have very strong oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher Entry price is 8.80 First goal 11.26 The second goal is 13.00 The third goal is 15.00
RLong
by CryptoAnalystSignal
1
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: _______________________________
COINBASE:RENDERUSDLong
by CryptoCheck-