Massive Cup and Handle Pattern on Render Chart

2023년 12월 26일

On the monthly chart the RNDR price seems to target the $22-23 range. Relative strength index just cross the middle band (50) in this month. It maybe possible to catch the price near $3 during possible retest. Considering the risk and reward ratio, these levels are also suitable for new entry. In my opinion, the partial purchase strategy will be the best tactic for entry.
The Render Network is a high-performance distributed GPU rendering network that leverages industry-leading OTOY Inc. software to facilitate a compute marketplace between GPU Providers and GPU Requestors.
This publishment is not an investment advice, do your own reasource.