Render Token RNDR Coin Price Analysis.

in rndr •  3 years ago 

So on our rndr coin we have two dip scenarios right now in front of you one could give you around 25 percent gains and one could give you around 55 let's start this by looking at the weekly chart right here of rndr coin

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and you can see this coin with a high at about eight dollar level and since after that it has corrected around 85 percent and i don't see any relevant information besides this support

and resistance area here at around 2.14 level you can see a nice resistance area would be here if the price ever comes here let's move down to the daily chart right here and you can also see this support

and resistance area right here you can see multiple touches price broke down and now when it will come here it will act as a resistance and i can also see this coin is making a lower lows

and lower highs means the trend is down so buying in this coin would be a risky one but if you guys still want to buy this coin based on your own reasons then let me go to the 4r chart to give

you some micro levels of support and resistance i can see this level right here at around 1.40 level this could act as a nice support area right here if the price ever comes down here you

could buy right here not a financial advice if you buy here then you can target the next highest region that can give you around 25 gains here but

as i said earlier this coin isn't the severe downtrend and buying right here would be a risky one and if this price doesn't hold right here at around 1.40 that then you can try this level right

here at around 1.20 level or you can also try this fibonacci extension level right here for buying level right here at around 88 cents so if the price comes down here at around 1.40 or 1.20

or 88 cents then you can average out somewhere here and then you can target this region right here at around 1.40 so let's say you buy right here at around 88 cents 90 cents region then

you can target the next reason of support and resistance and that will give you around 55 percent gains here so on our ndr coin

we have two dip scenarios right now in front of you one could give you around 25 percent gains and one could give you around 55 percent gains.

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