REN here looks primed for a move upward especially if some volume comes in to add confluence
-A running flat (3 3 5) has been formed here -The MA100 is well below the EMA30 which is temporarily acting as support creating more bullish confluence. -If the gold line keeps holds as support and the bull pennant (gray) breaks out the top diagonal we should see a move toward $1.50 at least
Ren Protocol provides interoperability between different blockchain platforms. REN is fundamentally sound and is Decentralized Finance (DeFi) so will be getting a lot of attention this coming year and long term will likely be a good investment as well as being a solid short term swing.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.