Crypto Contest December 15: Render Token

Render Token (Binance: RNDRUSDT) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, RNDR began a red wave one advance on December 11. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 12 and the red wave two (blue sub-waves a-b-c) correction ended on December 14. If this wave count is correct, RNDR should be heading next towards the December 12 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Zooming out in the line chart, I believe RNDR is currently in the red wave three (blue sub-wave v). The red wave one began in June 2020 and the red wave two correction ended in June 2021.

(Chart courtesy of CoinGecko.com)

Funnymentals

Render Network is the "leading" provider of decentralized GPU based rendering solutions. Donald Lee reviewed the project four days ago.

(Sources: https://rendertoken.com/)

How Will Render Token Trade?

Render Token (Binance: RNDRUSDT) four-hour chart by Tradingview.

(Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers (posts only).

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below.

RNDR will takeout the December 12 peak

RNDR will drop below the December 11 low

RNDR will stay in a trading range between the December 11 low and the December 12 peak until January 22