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RNDRUSDT trade ideas

RNDR Long Position (Accumulation Phase)Market Context: RNDR has been through an extended markdown phase, with market makers taking profits, driving prices down to fair value. Now, the market appears to be in an accumulation phase, where most of the weak hands have exited. This creates an opportunity for strategic entry, positioning for the next bullish move. Trade Setup: Entry: $4.70 - $5.30 Take Profit: First target: $6.30 Second target: $7.50 Third target: $9.00 Stop Loss: Daily close below $4.50 This trade aims to capitalize on the potential accumulation phase as RNDR prepares for a possible move higher. #RNDR #Crypto #Accumulation #PriceAction #Trading
Long
by Richtv_official
RNDR to push 8.5$RNDR had an amazing pivot as the witching day is over and BTC holds a bullish posture. I expect a swift trip to 7.8$ possibly some consolidation and then 8.5$. The token just recently lifted off the ever important 200 EMA (weekly). The stochastic RSI has room to run before a reset, the daily is already resetting downward so we could take a brief breather here before liftoff. RNDR remains on of my top 3 positions and I plan on holding until 18-21$ at this point. I am net long here
Long
by Apollo_21mil
1
Buy Trade Idea for RNDR (Render Token) Description Render Token (RNDR) is revolutionizing the digital content creation industry through decentralized GPU rendering. Here are the key fundamentals that support a buy trade for RNDR: - **Decentralized Rendering Network:** RNDR provides a platform where creators can leverage distributed GPU computing power to render complex graphics more efficiently and cost-effectively. This opens up new possibilities for industries like gaming, virtual reality (VR), augmented reality (AR), and 3D rendering. - **Growing Adoption in Creative Industries:** RNDR is gaining traction in various creative fields, with increasing demand from artists, animators, and developers looking for decentralized rendering solutions. Its platform enables faster, more scalable rendering services, making it a game-changer for digital content production. - **Strategic Partnerships:** The project has formed strong partnerships with key industry players, further enhancing its credibility and expanding its ecosystem. This support helps fuel growth and adoption, positioning RNDR as a leader in decentralized GPU rendering. - **Deflationary Tokenomics:** RNDR’s tokenomics structure is designed to reward network participants while maintaining a deflationary supply, making the token more attractive for long-term holders. With these solid fundamentals, RNDR presents a compelling buy opportunity for those looking to invest in the future of decentralized GPU rendering technology. Disclaimer Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, assess your risk tolerance, and consult a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate.
Long
by MoonTradingForecast
RNDR Long Spot Position (Support Consolidation)Market Context: RNDR has been consolidating in a key area of support, providing a good opportunity to enter a long spot position. Trade Setup: Entry: Ladder into a long spot position in the $4.20 - $5.00 support zone. Take Profit: First target: $5.90 - $7.05 Second target: $9.80 - $11.00 Stop Loss: Just below $3.90 📊 This setup takes advantage of the support consolidation with defined risk and potential upside. #RNDR #Crypto #LongTrade
Long
by Richtv_official
RNDRUSDT trading opportunityRNDRUSDT has recently experienced a breakthrough above the neckline of the Cup and Handle setup. Notably, the neckline has successfully transformed into a support level, instilling greater confidence among bulls. Anticipating a potential pullback towards this neckline, as it now acts as a solid support, the focus shifts to observe the external supply zone. This zone is poised to serve as a major resistance, potentially causing a temporary halt or reversal in the bullish momentum in the short term. The overall setup target, as illustrated on the chart, provides a comprehensive view of the potential trajectory following the recent price action. Your engagement, including likes and comments, is encouraged to foster discussion and gain insights into the broader market sentiment. Thank you for your participation.
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by weslad
6
RNDR 50% move incomingAfter this harsh and drawn out correction of many of my major holdings I have updated the fibs for the next setups. If BTC can maintain above 59.5k or NVDA can start to pick up steam again I expect this to play out in the next 3 -7 weeks. RNDR likes to really move when the market pivtots and I love the fact that two candle bodies closed above that red fib. -I did sell 10% of my position at ~9.5$ and this more than covered my initial investment. -My plan here is to unload more if I get worried about BTC continued weakness around 7.2$ -If we can get a full on bull posture I will sell 50% of my back at the 1.618 which is around 20$
RLong
by Apollo_21mil
3
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
Render Token / RNDRThe price of RNDR is $1.83 today with a 24hour trading volume of 180 million dollars. This represents a 4% price increase in the last 24 hours and a 333% price increase in the past 30 days! Render token is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. Backed by parent company OTOY, the RNDR team is based out of Los Angeles, with team members throughout the world. The RNDR advisory board boasts industry leaders such as Ari Emanuel (Co-Founder and Co-CEO, WME), JJ Abrams (Chairman and CEO, Bad Robot Productions) and Brendan Eich (Founder and CEO, Brave Software and BAT) bulls broke 0.8, 1.2 and 1.6 resistance and ready to claim 2$. I got into rndr wen it has 220 million market-cap and here we are at half a billion dollar mc. as you see market is in correction phase which is normal and healthy so don't panic if you see couple of red candles after 300% pump
RLong
by moonypto
37
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
What is next for RENDER?Hello everyone, Here are my targets for CRYPTOCAP:RNDR 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. I say this because some altcoins will experience significant price surges during the bull market, far exceeding others. Especially lately, CRYPTOCAP:RNDR has migrated to the CRYPTOCAP: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.
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by TANcrypt0
4
RNDR - The Calm Before The Storm!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉After breaking below the last major low marked in red, RNDR has been overall bearish. However, RNDR is currently rejecting a strong support zone marked in green. 📈 For the bulls to take over, and shift the momentum again, a break above the last major high marked in blue is needed. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
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by TheSignalyst
1
RNDRUSDT- A MULTIBAGGER GEM OF UPTO 1160% GAINHello everyone, Let's have a detailed analysis of #RNDRUSDT. The Render Network operates as a high-performance distributed GPU rendering network, utilising OTOY Inc.'s leading software to facilitate a marketplace between GPU Providers and Requestors. Currently, RNDR is trading at a critical support level. Previously, it formed a Cup and Handle pattern and recently experienced a significant breakout followed by a retest. #RNDR shows potential for a substantial gain of approximately 1160% post-retest. It's worth noting that USDT dominance is undergoing a retest phase as well, and a further decline could potentially propel RNDR towards our first target. Entry: Current Market Price (CMP) up to $5.2 (Consider accumulating on any dips and perform thorough research before investing). Stop Loss: Daily close below $4.7. Targets: Target 1: $20.863 Target 2: $43.720 Target 3: $74.963 Happy trading!
RLong
by persis10t
Render is ready, baby 🎙️ Hi, Guys! 💡Among many crypto projects that have a real utility foundation, render is perhaps the only one with a fairly clear wave structure and an absolutely clear bullish setup for the continuation 🦄 ⚙️ Let's start with the fact that the token price is at the highs of 2021 and this fact in itself is a bullish signal. Under no circumstances should you short such formations. The token has recovered in price very quickly and now it’s ready to continue the distribution. 💭 I believe we are in the 4th subwave of the third wave of the cycle. According to the alternation norm, the current correction should be flat, so the basic option for me is some price fluctuation in the range indicated on the chart. In any case, buying a token at current values ​​at the bottom of the expected flat will be a profitable deal. It is important to note that the alternation norm is only a statistically significant norm, but not a rule, so I would not be surprised if Render forms the final motive wave without further formation of the flat. 🗯️ In my picture of the world, $30 per coin is a fairly likely estimate for Render in the medium term. Let’s try to ride this wave🏄 Shaka 🤙 CRYPTOCAP:RNDR BINANCE:RNDRUSDT BINANCE:RNDRUSD COINBASE:RNDRUSD BYBIT:RNDRUSDT
RLong
by shakatrade1_618
2
Updated RNDR chartRNDR had a nice bounce with the rest of the market, I updated the weekly fib setup this time with a retracement. I expect a smooth rally up to 8.8$ on this pivot. If BTC and ETH can continue to show strength and possibly NVDA this will be a nice area of resistance. Note the heavily bottomed stochastic RSI, this thing has a ton of room to heat up. I added Bollinger bands to show another perspective of the oversold theory. This is still my largest altcoin holding and I plan to stick to the plan of selling 25% more between 18-21$.
RLong
by Apollo_21mil
#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