So we can see Ren is having large upwards trajectory, with a inverse head and shoulders on the daily, I expect it to bounce off the ascending support line (between the .768 and .618) and head to the 1.618 fib extension.
With Ren’s Arbitrum bridge, value locked and volume all at all time highs, and progress on decentralizing the platform, Ren is primed for a(nother) major upwards move whilst still seemingly under the radar to most retail traders.
In the high cap alt market, the only alts I see with such gains ahead besides Ren are Tezos, Polkadot, and Curve.
With Ren’s Arbitrum bridge, value locked and volume all at all time highs, and progress on decentralizing the platform, Ren is primed for a(nother) major upwards move whilst still seemingly under the radar to most retail traders.
In the high cap alt market, the only alts I see with such gains ahead besides Ren are Tezos, Polkadot, and Curve.