RNDRUSDT heading for monthly resistance zone 2.645-2.939I believe this is heading for the monthly resistance which is lying in the zone 2.645-2.939. Once its hits that range, it is likely the price will be pushed back from there. And might head down to look for a strong support. But lets watch first the price move to the monthly resistance.
Rndrusdtperp
RNDRUSDT right on track towards daily resistanceThis level seems to be resisting the price to go up. The price has reverted back on several occasions. But this time could be different and the price may finally be able to move higher. The swing idea of the price reaching to the daily resistance around 2.08-2.12 is still in play. However, I would also consider taking some profit at 2.025 level as marked on the chart.
RNDRUSDT may have a good bounce from weekly supportThis one seems to be heading for weekly support around 1.70-1.78. That is a zone good for long opportunity. That zone is still 6-10% away from the current price. But if it reaches there, a long would be favorable for a swing trade towards the daily resistance around 2.08-2.12.
RNDRUSDT on 4h support and likely to head to 2.16The price has hit the previous low which is also 4h support zone. I expect the price to bounce here as the long side trade is favorable. The target for this trade shall be at least 2.16 and probably 2.18.
Render token RNDR price is preparing to shoot up 🚀Looking at the price chart of RNDRUSDT, we can say with certainty that the increased interest of buyers in is
If you know why this project is interesting, please share your thoughts in the comments.
The price of RNDR has approached a strong liquidity zone, and it looks like buyers will try for the fourth time to break higher. That is, there is probably at least 60% upside ahead.
In our opinion, it is safe to enter long position:
- above $2.20 on the blue route
- if force majeure occurs and the price drops sharply (which now looks rather unlikely), then long from $1.50
The main thing is not to rush and wait for confirmation of a safe entry.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
