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Rndrusdtlong

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
RLong
by TheCryptoCity
#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
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
#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/USDT bullish horizons from demand? 👀🚀RNDR analysis💎 Paradisers, let’s focus on #RNDRUSDT. It’s currently positioned within a demand zone and approaching key resistance at $8.284. If the price manages to break above this level, we can anticipate a strong bullish move. 💎 In our previous observations, CRYPTOCAP:RNDR has consistently followed a descending trendline, respecting it twice. With the current assessment near the key resistance of $8.284, there’s a high probability that the price will break through this level, especially considering it’s also trading within the demand zone, further strengthening the bullish scenario. 💎 However, a word of caution: if the price of #RNDR fails to maintain its momentum within the demand zone and dips below, we anticipate a bullish rebound from the lower Bullish Order Block level at $5.962. Thanks to ample liquidity, breaking below this level could cause a significant downward move1. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights MyCryptoParadise iFeel the success🌴
RLong
by MyCryptoParadise_Simon
RNDR/USDT planning for bullish move? 👀 🚀 RNDR Today analysis💎 Paradisers, let’s delve into the #RNDRUSDT analysis! An intriguing shift has occurred as it breaks free from its descending channel, setting the stage for an exciting potential bullish surge. 💎 Over an extended period, #RNDR has meticulously traced the contours of a descending channel. Currently, the price is testing a critical support level at $7.947. Our confidence in its ability to embark on a bullish trajectory remains steadfast, challenging the overhead resistance. 💎 However, prudent preparation is crucial: should the price dip below the pivotal support zone, we may witness a pronounced bearish downturn. In such a scenario, our focus shifts to anticipating a bullish rebound from the lower support level at $6.541. 💎 Remember to employ sound trading strategies and implement proper stop-loss measures! Stay vigilant, monitor market movements, and eagerly await further insights. MyCryptoParadise iFeel the success🌴
RLong
by MyCryptoParadise
RNDR/USDT upward momentum from support? 🚀RNDR Analysis💎 Paradisers, take notice as we observe #RNDRUSDT an intriguing move underway. Should the price maintain its drive at the critical support of $9.936, there's a good chance we'll see an ascent towards overcoming the resistance at $13.873. 💎 Another angle to consider: if the price of CRYPTOCAP:RNDR can't sustain its momentum at this key support and dips below, it's time to adjust our approach. We're eyeing a bullish resurgence from a deeper support at $8.163. Notably, this level has shown significant volume spikes, signaling substantial liquidity and money flow, urging us to proceed with caution in our trading decisions. 💎 A fall beneath this lower support could lead to further declines, underscoring the importance of precise and well-thought-out actions in your trading journey to achieve success
RLong
by MyCryptoParadise
RNDR is Ready to Explode !RNDR is an uptrend for a while and actually, it hasn't even gave the value it's supposed to give. What do we have ? Let's discuss: RNDR will pump more after a small correction according to Elliot wave theory. We are currently in wave 3. But inside that wave three we are about the see corrective wave known as A-B-C . After the C ends, it will start a new uptrend with a 5 small waves. Because the main trend is going up. +Nvidia is about the make an operation based on these kinds of products and RNDR is a partner of Nvidia. It can also help the price to pump more. According to my analysis, RNDR should go 6.5 at least. Of course it's for only wave 3. After correction wave 4, we can expect more. If you are willing to invest on this product, I'd not suggest to use leverage. There is already high potential gain and no need to risk it with leverage incase of an event after some bad news. I'll share updates about this one often so you better keep up! Good luck to us all.
RLong
by vs_sayin
3