RENDER TOKEN - RNDR/ETH - 15 min. - Technical analysis published on 04/23/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 0.000941 ETH
My targets
0.000901 ETH (-2.77%)
0.000842 ETH (-9.20%)
My analysis
In the short term, we can see an acceleration in the bearish trend on RENDER TOKEN - RNDR/ETH, which is a positive signal for sellers. As long as the price remains above 0.000941 ETH, a sale could be considered. The first bearish objective is located at 0.000901 ETH. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.000842 ETH as an objective. Crossing it would then enable sellers to target 0.000802 ETH. If the price were to return above 0.000941 ETH, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.1
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This analysis was given by Traderbradg.
Additional analysis
Quotes
The RENDER TOKEN - RNDR/ETH price is 0.000927 ETH. On the day, this instrument lost -3.54% and was traded between 0.000926 ETH and 0.000965 ETH over the period. The price is currently at +0.11% from its lowest and -3.94% from its highest.0.000926
0.000965
0.000927
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 15 min. chart of RENDER TOKEN - RNDR/ETH indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.000797 | 0.000846 | 0.000878 | 0.000927 | 0.000938 | 0.001000 | 0.001062 |
| Change (%) | -14.02% | -8.74% | -5.29% | - | +1.19% | +7.87% | +14.56% |
| Change | -0.000130 | -0.000081 | -0.000049 | - | +0.000011 | +0.000073 | +0.000135 |
| Level | Major | Intermediate | Major | - | Intermediate | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000802 | 0.000842 | 0.000901 | 0.000941 | 0.001000 | 0.001040 | 0.001099 |
| Camarilla | 0.000934 | 0.000943 | 0.000952 | 0.000961 | 0.000970 | 0.000979 | 0.000988 |
| Woodie | 0.000813 | 0.000847 | 0.000912 | 0.000946 | 0.001011 | 0.001045 | 0.001110 |
| Fibonacci | 0.000842 | 0.000880 | 0.000903 | 0.000941 | 0.000979 | 0.001002 | 0.001040 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000490 | 0.000644 | 0.000802 | 0.000956 | 0.001114 | 0.001268 | 0.001426 |
| Camarilla | 0.000875 | 0.000904 | 0.000932 | 0.000961 | 0.000990 | 0.001018 | 0.001047 |
| Woodie | 0.000493 | 0.000645 | 0.000805 | 0.000957 | 0.001117 | 0.001269 | 0.001429 |
| Fibonacci | 0.000644 | 0.000763 | 0.000837 | 0.000956 | 0.001075 | 0.001149 | 0.001268 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000382 | 0.000510 | 0.000632 | 0.000760 | 0.000882 | 0.001010 | 0.001132 |
| Camarilla | 0.000685 | 0.000708 | 0.000731 | 0.000754 | 0.000777 | 0.000800 | 0.000823 |
| Woodie | 0.000379 | 0.000509 | 0.000629 | 0.000759 | 0.000879 | 0.001009 | 0.001129 |
| Fibonacci | 0.000510 | 0.000606 | 0.000665 | 0.000760 | 0.000856 | 0.000915 | 0.001010 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 35.78 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -20.612046 | |
| AROON (14): | -100.000000 | |
| DEMA (21): | 0.000932 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000946 | |
| Elder Ray (13): | -0.000008 | |
| Super Trend (3,10): | 0.000942 | |
| Zig ZAG (10): | 0.000927 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 2.90 | |
| TEMA (21): | 0.000931 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.000010 | |
| Repulse (5,40,3): | -0.7571 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0628 | |
| Courbe Coppock: | 1.50 |
| MA7: | 0.000952 | |
| MA20: | 0.000829 | |
| MA50: | 0.000778 | |
| MA100: | 0.000768 | |
| MAexp7: | 0.000933 | |
| MAexp20: | 0.000938 | |
| MAexp50: | 0.000944 | |
| MAexp100: | 0.000944 | |
| Price / MA7: | -2.63% | |
| Price / MA20: | +11.82% | |
| Price / MA50: | +19.15% | |
| Price / MA100: | +20.70% | |
| Price / MAexp7: | -0.64% | |
| Price / MAexp20: | -1.17% | |
| Price / MAexp50: | -1.80% | |
| Price / MAexp100: | -1.80% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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