RENDER TOKEN - RNDR/USDT
74.5
USDT
(+0.00%)
03/28/2025 - 16:35
Closed Real time data - CoinMarketCap
| Open: | 74.5 |
| Change: | 0 |
| Volume: | 0 |
| Low: | 74.5 |
| High: | 74.5 |
| High / Low range: | 0 |
| Type: | Cryptocurrencies |
| Ticker: | RNDRUSDT |
| ISIN: |
RENDER TOKEN - RNDR/USDT - Weekly - Technical analysis published on 11/01/2023 (GMT)
- 205
- 0
- 11/01/2023 - 02:55
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- Timeframe : Weekly
- - Analysis generated on 11/01/2023 - 02:55
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
11%
6%
My opinion
Bullish above 2.14 USDT
My targets
2.74 USDT (+16.60%)
3.52 USDT (+49.79%)
My analysis
RENDER TOKEN - RNDR/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2.14 USDT. The next resistance located at 2.74 USDT is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 3.52 USDT. After this resistance, buyers could then target 8.11 USDT.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
RENDER TOKEN - RNDR/USDT rating 2.35 USDT. The price is up +9.30% over 5 days and has been traded over the last 5 days between 2.26 USDT and 2.65 USDT. This implies that the 5 day price is +4.12% from its lowest point and -11.38% from its highest point.2.26
2.65
2.35
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Weekly chart of RENDER TOKEN - RNDR/USDT indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Weekly
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.36 | 1.33 | 2.14 | 2.35 | 2.74 | 3.52 | 8.11 |
| Change (%) | -84.68% | -43.40% | -8.94% | - | +16.60% | +49.79% | +245.11% |
| Change | -1.99 | -1.02 | -0.21 | - | +0.39 | +1.17 | +5.76 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Major |
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 | 2.01 | 2.15 | 2.27 | 2.41 | 2.53 | 2.67 | 2.79 |
| Camarilla | 2.31 | 2.33 | 2.36 | 2.38 | 2.40 | 2.43 | 2.45 |
| Woodie | 1.99 | 2.15 | 2.25 | 2.41 | 2.51 | 2.67 | 2.77 |
| Fibonacci | 2.15 | 2.25 | 2.31 | 2.41 | 2.51 | 2.57 | 2.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.57 | 1.75 | 2.07 | 2.25 | 2.57 | 2.75 | 3.07 |
| Camarilla | 2.26 | 2.31 | 2.35 | 2.40 | 2.45 | 2.49 | 2.54 |
| Woodie | 1.65 | 1.79 | 2.15 | 2.29 | 2.65 | 2.79 | 3.15 |
| Fibonacci | 1.75 | 1.94 | 2.06 | 2.25 | 2.44 | 2.56 | 2.75 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.60 | 1.07 | 1.72 | 2.19 | 2.84 | 3.31 | 3.96 |
| Camarilla | 2.07 | 2.18 | 2.28 | 2.38 | 2.48 | 2.59 | 2.69 |
| Woodie | 0.70 | 1.12 | 1.82 | 2.24 | 2.94 | 3.36 | 4.06 |
| Fibonacci | 1.07 | 1.50 | 1.76 | 2.19 | 2.62 | 2.88 | 3.31 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 64.30 | |
| MACD (12,26,9): | 0.1200 | |
| Directional Movement: | 18.99 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 1.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.40 | |
| Elder Ray (13): | 0.58 | |
| Super Trend (3,10): | 1.54 | |
| Zig ZAG (10): | 2.36 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 88.49 | |
| TEMA (21): | 1.98 | |
| Williams %R (14): | -21.85 | |
| Chande Momentum Oscillator (20): | 0.71 | |
| Repulse (5,40,3): | 15.5100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4200 | |
| Courbe Coppock: | 18.03 |
| MA7: | 2.37 | |
| MA20: | 2.07 | |
| MA50: | 1.81 | |
| MA100: | 1.68 | |
| MAexp7: | 2.02 | |
| MAexp20: | 1.83 | |
| MAexp50: | 1.64 | |
| MAexp100: | 1.67 | |
| Price / MA7: | -0.84% | |
| Price / MA20: | +13.53% | |
| Price / MA50: | +29.83% | |
| Price / MA100: | +39.88% | |
| Price / MAexp7: | +16.34% | |
| Price / MAexp20: | +28.42% | |
| Price / MAexp50: | +43.29% | |
| Price / MAexp100: | +40.72% |
Quotes :
11/01/2023 - 02:55
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Real time data
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Cryptocompare
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