First an introduction.
Ren is an open protocol used for transferring cryptocurrencies within blockchains. Its aim is to facilitate the movement of digital assets around a multi-chain decentralised finance ecosystem. The system integrates into existing infrastructure and claims to be 100x faster than atomic swaps, allowing users to access tokens from any blockchain using existing smart contracts without the need to wrap or unwrap tokens. REN is the protocol’s native cryptocurrency.
Now on our technicals.
Ren recently surged to a parabolic peak at 0.090. As per the usual parabolic case of crypto pumps, profit takers took it back to 0.06 levels touching 78.6 fib level. It is now currently bouncing off this major order block levels with precision. Bullish rating remains firm on this coin.
Expect some major series of ascend from the current price range.
4H metrics is registering consistent higher lows for REN conveying strength and momentum.
We're on a bargain range again which won't last for long.
Spotted at 0.0620
TAYOR.
Ren is an open protocol used for transferring cryptocurrencies within blockchains. Its aim is to facilitate the movement of digital assets around a multi-chain decentralised finance ecosystem. The system integrates into existing infrastructure and claims to be 100x faster than atomic swaps, allowing users to access tokens from any blockchain using existing smart contracts without the need to wrap or unwrap tokens. REN is the protocol’s native cryptocurrency.
Now on our technicals.
Ren recently surged to a parabolic peak at 0.090. As per the usual parabolic case of crypto pumps, profit takers took it back to 0.06 levels touching 78.6 fib level. It is now currently bouncing off this major order block levels with precision. Bullish rating remains firm on this coin.
Expect some major series of ascend from the current price range.
4H metrics is registering consistent higher lows for REN conveying strength and momentum.
We're on a bargain range again which won't last for long.
Spotted at 0.0620
TAYOR.
Trade active:
Nice rise. Congrats holders, more to go.