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RENDERUSDT trade ideas

#RENDER Technical Analysis in a Daily TimeframeHello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: RENDER is facing resistance at the 50 EMA, and to continue its rebound, it must break above this level. The price is gaining strong momentum, and as long as RENDER maintains the support trendline, we can expect the rally to continue. If a rejection occurs, the lower support could present a good entry range for RENDER. Key levels: - Primary Resistance: $5.427. - Initial Target: $8.02 - Primary Support: $4.09. - Lower Support/Good Entry: $3.38. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
RENDERUSDT A Bullish Breakout or a Trap? Watch close this!RENDERUSDT – A Bullish Breakout or a Trap? Yello, Paradisers! Are you ready for the next potential move in #RENDERUSDT? Let’s get into the details. 💎#RENDER has broken out of a descending channel, which is typically a bullish sign. The current price is likely to test the support zone between $5.65 - $5.336 before continuing its upward movement. If this support holds, we could see the price push towards the next resistance area. However, for RENDER to continue its ascent, it must break through this resistance zone to reach our target at the strong resistance level. 💎On the flip side, if RENDER fails to rebound from the $5.336 support and breaks below it, there's a high probability that the price could drop to the $4.37 demand zone. This area is crucial, as it has previously served as a strong base where many buyers have stepped in. 💎The bullish scenario would be invalidated if RENDER's daily candle closes below the $4.37 demand level. This area marks the previous low, and breaking below it could lead to a new lower low, signaling a deeper correction ahead. Stay focused, patient, and disciplined Paradisers. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
Is #RENDER still in a downtrend?#Render 1D chart; Continues the downtrend that started in March with lower highs It was last downtrending at $6.3 (CHoCH) A close above the $7.2 level is required before we can talk about a rebound Otherwise, the levels where it can go by making lower highs; First OB support at $3.7 If it loses here, the IMB level will be $2.8. Of course, although its first priority in every upward move is to overcome the previous low peak, it should not be forgotten that the downward trend line (red line) will also act as resistance.
Short
by ugurtash
9
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-
Render Token Pre-... Not So Fast!Render Token Grew by 1,000% since August 2023 through mid-March 2024; an amazing bullish wave. Since June 2022 when the 2021 bear-market bottom was hit, total growth amounts to 4,900%. That is, between June 2022 and March 2024. I don't think Render will produce another bull-market in 2025. We are likely to experience a long drawn-out range-bound market. Sideways for a long-time. Based on how the chart looks. This pair/project would need between 7-9 months just to settle down. Produce a bottom and later on start a recovery followed by a new trend. So if it does go bullish with the rest of the market that would be in late 2025, while everything else can start moving much sooner. Current price is relatively high compared to the last major low. This major low happened June 2022 at $0.274. Current price sits at $4.69, 1,600% higher. For our strategy, little- to no risk, we look for bottomed out pairs. This pair is far away from its bottom... We will consider the chart again in mid-2025 and depending on how it develops share a new trade-idea with the accumulation zone potential targets. It is too early. Thank you for reading. Namaste.
by AlanSantana
6
Render/usdtRender/usdt H4 frame is showing a buy signal when RSI also shows a divergence of the next bottom higher than the previous bottom, showing strong buying pressure when forming a setup Price actions Pinbar increases right at the support zone of 4.8-5$. Scalping strategy for surfing at this stage, not holding for a long time. Buy the zone of 4.8$ - 5$ TP 1: 5.6$ TP 2: 6.6$ TP 3: 7$ SL: 4.64$ Spot odds, not margin and Futures, limit the risk to the lowest level, so please note not to All in to avoid risks to your account. DYOR Not investment advice, just personal opinion, so everyone should invest with the capital you accept to lose, investing in alcoins at this time is very risky, so take responsibility for your own finances! Wish you all a peaceful evening BINANCE:RENDERUSDT
Long
by Mr_JohnCapital
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.
by TANcrypt0
1