Get started

RNDRUSDT

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.
R
by Bullfighterr
Important update on the Crypto Market; understand RNDR!Quick Intro In this fundamental analysis article, we will explore RNDR (RenderToken), a distributed GPU rendering network built on the Ethereum blockchain. RNDR aims to revolutionize the rendering industry by connecting artists and studios with GPU providers in a decentralized manner. We will delve into the workings of RNDR, its token utility, and the notable aspects of the project. Overview of RNDR: RNDR was conceptualized by Jules Urbach, CEO of OTOY, Inc., in 2009 and launched in 2017. The project conducted its first public token sale in October 2017, followed by a private sale period from January to May 2018. RNDR raised a total of 117,843,239 tokens during the private sale, with each token priced at $0.25 USD equivalent. The RNDR Beta Testnet involved early adopters, including beta node operators and artists, who collaborated with the team to refine and test the network. On April 27th, 2020, RNDR went public with its official launch. How RNDR Works: RNDR operates on the Ethereum blockchain, utilizing the ERC-20 standard for its utility token. Artists on the network can exchange RNDR tokens for GPU compute power provided by GPU operators, enabling efficient rendering of complex graphics. RNDR employs a combination of manual and automatic proof of render mechanisms to ensure the successful completion of rendering tasks before payment is disbursed and the artwork is released. The network utilizes the inherent security properties of the Ethereum blockchain to hash and distribute proprietary assets to nodes for rendering. Payments for rendering services are held in escrow during the process and released to node operators upon manual verification by the commissioning artist. To prevent malicious activities, rendered assets remain watermarked until payment is received, and all payments are held in escrow until successful verification. About RNDR: RNDR is backed by OTOY, Inc., with its team based in Los Angeles and members located worldwide. The advisory board includes industry leaders such as Ari Emanuel, JJ Abrams, and Brendan Eich, providing guidance in aligning the project's objectives with the cryptocurrency and Hollywood production communities. RNDR has seen growth in its user base, with the number of active addresses reaching 29,000 compared to 22,000 three months ago, indicating increasing adoption and interest. tldr: RNDR presents a unique use case for blockchain technology in the rendering industry, providing artists and studios with access to efficient GPU compute power. The combination of decentralized rendering, secure payment mechanisms, and a renowned team backing the project positions RNDR as a potential disruptor in the field. As the project continues to grow its user base and expand its network, the future adoption and utility of RNDR will be key factors in determining its long-term success. My mid-term thoughts on the price: The TPI is currently in the negative territory, to we might go lower in the mid-term (couple of days / weeks). On the Long term I do see the price of RNDR going up if the strength of the cryptomarket continues to go up; the current long-term TPI is quite high. Long term Crypto market is only slightly bullish on the long-term TPI: Down below I linked a previous idea I made where I explain how the TPI works I also linked the momentum channel indicator that I made, it's free for use here on TradingView, I made it a public script
RShort
by IkkeOmar
7
RNDRUSDTHello and welcome back, *Mars Signals Team wishes you high profits* This is a one-day-time frame analysis for RNDRUSDT According to our last analysis on May 4, we expected a decline for the price to happen and currently we have this expectation happening well. In the present chart, R1 and R2 are the resistance areas to mention and both express the unsuccessful attempts of price in order to rise. S2 and S3 used to be resistance areas. And finally at the bottom, S1 is a long-term support line at which the support of price at various points is clearly seen. We can observe that the price was in a rising trend after breaking S3 upward but via some rejections and disabilities in order to rise more to higher amounts, it was supported well at S1 line and made its rise toward R2. There the pressure of sellers forced another decline and it fell toward S1 line again via a negative Marubozu Candle. At the moment, the price is fluctuating below R1 area and we believe the price to have more decline to touch S2 area or even by falling more and activating our stop-loss point, more support and fixation would happen and another rising trend is waiting for it to reach higher amounts such as R1 or R2 (which are believed to be great points to save your profits). By the time the price loses the support at S2 and moves below this area, it certainly faces more decline toward S3. So wait for it to have some support and fixation there, and then enter trading in its retest trend upward. Our prediction would be less decline when the price is moving and fluctuating over S1 line. Please be cautious about various points and details and remember that for enjoying less risky trades. You can obtain every piece of information and details through our analyses and updates. So keep moving with our team. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Have a great time
RLong
by MarsSignals