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Render (ERC-20) / Tether

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RNDRUSDT trade ideas

RNDR is at Resistance - Will We See a Breakout?RNDR is at resistance and could experience a 120%-150% rally if the breakout pans out! The Details: Render Token (RNDR) is a cryptocurrency that powers the decentralized render network of OTOY. OTOY is a cloud graphics company that provides high-quality rendering services to the entertainment, architectural, and product design industries. RNDR is used to pay for rendering services on the OTOY network and can be traded on various exchanges. RNDR is at resistance; what now? RNDR recently rallied to reach its highest price since Spring 2022. This increase in price has attracted a lot of attention from investors and traders who are interested in the potential for future gains. There are two key support levels for RNDR that investors should be aware of. The first support level is between $0.75-$1.00. The second support level is at $0.35, which is the lowest price the token has reached since its inception. At present, RNDR is trading at the $1.60 level and is attempting to break out of this level. If the token is successful in breaking out, it is likely to head toward the next resistance, which is between $3.50-$4.00. This represents a potential increase of 120% to 150% from the current price. Bottom Line: RNDR powers the decentralized render network of OTOY. The token is currently experiencing a strong rally and has two key support levels that investors should be aware of. If RNDR successfully breaks out of its current trading range, it has the potential for substantial gains in the future.
R
by cryptohopper
RENDER 1.29.23I love Render but I believe it will retest the 1 dollar range. I could be wrong but I think its a level that is being pulled back towards. If it breaks back above the neckline and closes , Its going to 1.5 and 2 very quickly. Pay attention to volume on this selloff to help determine exhaustion and wait for reaccumulation for a long unless you are breakout buying on super short frames. LONG TERM ITS GOING TO THE MOON so i'm not a permabear. I'm the biggest permabull on crypto in the world ETH SILVER Commodities Crypto Preps
RLong
by BrandonrG
4
RNDR - Potential SHORTS -4hrly/Daily/Weekly - Bybit: RNDRUSDTPERTrading view post: Trade Status: ACTIVE Trader: Drizzzled (AUS) Trade Type: SHORTS (RE-ENTRY/DCA/LADDER previous entry post Entry 1: 1.319 (or any of entry 1 zone options) -if missed focus on next entries. Don’t stress. Entry 2: 1.882 “” Entry 3: 2.461 “” Entry 4: 3.253 “” Entry 5: “” Entry 6: Entry 7: Stop Loss/ladder re-entries: Entry 1: slight light above (resistance) -slightly below your re-entries -5-10% move from your chosen entry 1 -slightly above/below entry/key resistance -1:1 or to own personal risk factor Entry 2: “” Entry 3: “” Take Profit Targets: - 0.842 - 0.755 - 0.600 Comments: -move stop loss to break even once target 1 is hit. DCA entries above/below if stop loss is hit. -emas will rise/drop with time so shift tp accordingly. If we re-enter higher/lower our same emas become our take profits. Also i have put boxes around key supports which I may choose to take earlier or later profits at too. -by all means you can long from the daily open to these higher target ‘short’ entries. -you don’t have to enter at ‘entry 1’ if you would rather enter higher. -level 1,2 or 3 ,pumps/moves, can go higher and create new levels, hence the re-entries. It’s a shorter time frame strategy. -the harmonic targets are the take profits of the opposite trade to ours so it’s our res/support to enter at. -don’t hesitate to dm me for guidance :)
RShort
by Drizzzled
Render Token Analyze (12/17/2022)!!!💻Rener Token is my favorite project with awesome founder ''Jules Urbach'' with his great team. Jules sets the strategic vision for OTOY and is the chief architect of the company’s technology roadmap. Widely hailed as a pioneer in computer graphics, streaming, and 3D rendering with over 25 years of industry experience. He made his first game, at 18, and went on to make the web’s first 3D video game platform and licensed the software to Macromedia, Disney, Warner Brothers, Nickelodeon, Microsoft , Hasbro , and AT&T . His life’s work has been to revolutionize 3D content capture, creation, and delivery. Render Token is running near the support zone and important support line. I expect Render Token to go up until the Fibonacci levels (near the resistance zone) I specified in my chart. SMA 200 & SMA 100 play the role of dynamic resistance in the chart. Render Token Analyze ( RNDRUSDT ) Daily Timeframe ⏰ (Log Scale). Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
RLong
by pejman_zwin
6